IDEAS home Printed from https://ideas.repec.org/a/nos/social/y2016i4p29-37.html
   My bibliography  Save this article

Innovation Systems In The Terms Of Schumpeterian Crea-Tive Destruction

Author

Listed:
  • Ciborowski, Robert

    (University of Bialystok, Poland)

Abstract

‘Creative destruction’ is one of the most important analytical tools, taking into consideration both the economic and sociological characteristics of capitalist society. According to Schumpeter, in the long term, evolution gives rise to economic develo-pment resulting from batches of innovative solutions, leading to improvements in the standard of living. The innovation activity of firms is based on supply-side factors, hence it is large en-terprises that excel in innovation since they strive to achieve a monopoly market posi-tion and above-average profits. Schumpeter attempts to combine two elements: the spread of monopolies and the con-tinuation of economic development, both occurring through innovation, which is far more important than price competition. The Schumpeterian ‘creative destruction’ permeates the main aspects of macroeconomic activity, not only in the long term, but also in the area of economic fluctuations, structural changes, or the functioning of markets. As a result, it becomes a factor determining changes in the economic order.

Suggested Citation

  • Ciborowski, Robert, 2016. "Innovation Systems In The Terms Of Schumpeterian Crea-Tive Destruction," EUREKA: Social and Humanities, Scientific Route OÜ, issue 4, pages 29-37.
    • Handle: RePEc:nos:social:y:2016:i:4:p:29-37
    as

    Download full text from publisher

    File URL: http://eu-jr.eu/social/article/viewFile/114/136.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Erik Reinert & Arno Daastøl, 1997. "Exploring the Genesis of Economic Innovations: The Religious Gestalt-Switch and the Duty to Invent as Preconditions for Economic Growth," European Journal of Law and Economics, Springer, vol. 4(2), pages 233-283, May.
    2. E. S. Phelps, 1966. "Models of Technical Progress and the Golden Rule of Research," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 33(2), pages 133-145.
    3. Robert J. Gordon, 2000. "Does the "New Economy" Measure Up to the Great Inventions of the Past?," Journal of Economic Perspectives, American Economic Association, vol. 14(4), pages 49-74, Fall.
    4. Rosenberg,Nathan, 1983. "Inside the Black Box," Cambridge Books, Cambridge University Press, number 9780521273671, January.
    5. Chris Freeman, 2003. "A Schumpeterian Renaissance?," SPRU Working Paper Series 102, SPRU - Science Policy Research Unit, University of Sussex Business School.
    6. Arthur M. Diamond, Jr., 2006. "Schumpeter's Creative Destruction: A Review of the Evidence," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 22(Fall 2006), pages 120-146.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Pupiales, Luis Eduardo Benavides & Delgado, Sandra Lucía Bolaños, 2020. "Barreras de innovación en PYMES: una aproximación a través de una revisión sistemática de literatura," Revista Tendencias, Universidad de Narino, vol. 21(1), pages 221-237, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Stefano Lucarelli & Daniela Palma & Roberto Romano, 2013. "Quando gli investimenti rappresentano un vincolo. Contributo alla discussione sulla crisi italiana nella crisi internazionale," Moneta e Credito, Economia civile, vol. 66(262), pages 167-203.
    2. Anuraag Singh & Giorgio Triulzi & Christopher L. Magee, 2020. "Technological improvement rate estimates for all technologies: Use of patent data and an extended domain description," Papers 2004.13919, arXiv.org.
    3. Lucian Croitoru, 2016. "Are We Systematically Wrong when Estimating Potential Output and the Natural Rate of Interest?," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(2), pages 128-151, June.
    4. Karl Whelan, 2002. "Computers, Obsolescence, And Productivity," The Review of Economics and Statistics, MIT Press, vol. 84(3), pages 445-461, August.
    5. Ahn, Sanghoon, 2003. "Technology Upgrading with Learning Cost," CEI Working Paper Series 2003-21, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
    6. Jonathan Temple, 2002. "The Assessment: The New Economy," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 18(3), pages 241-264.
    7. Hashmat Khan & Marjorie Santos, 2002. "Contribution of ICT Use to Output and Labour-Productivity Growth in Canada," Staff Working Papers 02-7, Bank of Canada.
    8. Orlando Gomes, 2007. "Investment in organizational capital," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 28(2), pages 107-113.
    9. Bussolo Maurizio & de Hoyos Rafael E. & Medvedev Denis & van der Mensbrugghe Dominique, 2012. "Global Growth and Distribution: China, India, and the Emergence of a Global Middle Class," Journal of Globalization and Development, De Gruyter, vol. 2(2), pages 1-29, January.
    10. Coccia, Mario & Wang, Lili, 2015. "Path-breaking directions of nanotechnology-based chemotherapy and molecular cancer therapy," Technological Forecasting and Social Change, Elsevier, vol. 94(C), pages 155-169.
    11. Kiley, Michael T., 2001. "Computers and growth with frictions: aggregate and disaggregate evidence," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 55(1), pages 171-215, December.
    12. Gebhard Flaig, 2001. "Gibt es einen »New-Economy-Effekt« auf das amerikanische Produktionspotential?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 54(05), pages 16-21, October.
    13. Alberto Chilosi, 2014. "The Economic System as an End or as a Means, and the Future of Socialism: An Evolutionary Viewpoint," Palgrave Studies in the History of Economic Thought, in: Riccardo Bellofiore & Ewa Karwowski & Jan Toporowski (ed.), Economic Crisis and Political Economy, chapter 1, pages 10-28, Palgrave Macmillan.
    14. Dale W. Jorgenson & Mun S. Ho & Kevin J. Stiroh, 2008. "A Retrospective Look at the U.S. Productivity Growth Resurgence," Journal of Economic Perspectives, American Economic Association, vol. 22(1), pages 3-24, Winter.
    15. Szalavetz, Andrea, 2002. "Az informatikai szektor és a felzárkózó gazdaságok [The informatics sector and the advancing economies]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(9), pages 794-804.
    16. Teresa Serra & Barry K. Goodwin & José M. Gil & Anthony Mancuso, 2006. "Non‐parametric Modelling of Spatial Price Relationships," Journal of Agricultural Economics, Wiley Blackwell, vol. 57(3), pages 501-522, September.
    17. Radu Vranceanu & Angela Sutan, 2023. "Should the firm or the employee pay for upskilling? A contract theory approach," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(1), pages 197-207, January.
    18. Haydar Akyazi & Seyfettin Artan, 2006. "Reflections of the New Economy on the Monetary Policy and Central Banking," Papers of the Annual IUE-SUNY Cortland Conference in Economics, in: Oguz Esen & Ayla Ogus (ed.), Proceedings of the Conference on Human and Economic Resources, pages 373-387, Izmir University of Economics.
    19. Olsson, Ola, 2001. "Why Does Technology Advance in Cycles?," Working Papers in Economics 38, University of Gothenburg, Department of Economics.
    20. Boyan Jovanovic & Peter L. Rousseau, 2002. "Moore's Law and Learning-By-Doing," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(2), pages 346-375, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nos:social:y:2016:i:4:p:29-37. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Helen Klimashevska (email available below). General contact details of provider: http://eu-jr.eu/social .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.