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Exploring new combinations in innovation and entrepreneurship: social networks, Schumpeter, and the case of Josiah Wedgwood (1730--1795)

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  • Mark Dodgson

Abstract

Innovation and entrepreneurship are based on new combinations, constructed within social networks. The literature on social networks refers to Schumpeter's analysis of new combinations, but is limited in its use of his understanding of the range of innovations and long-term aspects of entrepreneurship. Using the case of Josiah Wedgwood, a quintessential Schumpeterian entrepreneur, this article analyses how social networks contribute to a broad range of innovations over an extended period, involving both strong and weak ties. It shows how social network research in innovation and entrepreneurship benefits from Schumpeterian insights on the wide forms of innovation and longer term influences on network structures. Copyright 2011 The Author 2011. Published by Oxford University Press on behalf of Associazione ICC. All rights reserved., Oxford University Press.

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  • Mark Dodgson, 2011. "Exploring new combinations in innovation and entrepreneurship: social networks, Schumpeter, and the case of Josiah Wedgwood (1730--1795)," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 20(4), pages 1119-1151, August.
    • Handle: RePEc:oup:indcch:v:20:y:2011:i:4:p:1119-1151
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    File URL: http://hdl.handle.net/10.1093/icc/dtr021
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    Cited by:

    1. Stan Metcalfe, 2012. "J.A. Schumpeter and the Theory of Economic Evolution (One Hundred Years beyond the Theory of Economic Development)," Papers on Economics and Evolution 2012-13, Philipps University Marburg, Department of Geography.
    2. Xing, Jack Linzhou & Sharif, Naubahar, 2020. "From creative destruction to creative appropriation: A comprehensive framework," Research Policy, Elsevier, vol. 49(7).
    3. Męczyński Michał, 2016. "Personal Networks on the Labour Market: Who Finds a Job in the Creative Sector in Poznań?," Quaestiones Geographicae, Sciendo, vol. 35(4), pages 133-143, December.
    4. Joana Almodovar & Aurora A.C. Teixeira, 2014. "Assessing the Importance of Local Supporting Organizations in the Automotive Industry: A Hybrid Dynamic Framework of Innovation Networks," European Planning Studies, Taylor & Francis Journals, vol. 22(4), pages 841-865, April.
    5. Janaina Pamplona da Costa, 2015. "Network (Mis)Alignment, Technology Policy and Innovation: The Tale of Two Brazilian Cities," SPRU Working Paper Series 2015-14, SPRU - Science Policy Research Unit, University of Sussex Business School.
    6. Vincent Geloso, 2015. "Deirdre Mccloskey, Kirznerian Growth and The Role of Social Networks," Economic Affairs, Wiley Blackwell, vol. 35(3), pages 453-463, October.

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