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Innovation in the Capitalist Process: A Critique of the Schumpeterian Theory

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  • Carolyn Shaw Solo

Abstract

I. Introduction, 417. — II. Industrial research and development: invention and innovation, 418. — III. Schumpeter's theory of innovation, 421. — IV. Conclusion: innovation a normal business procedure, 427.

Suggested Citation

  • Carolyn Shaw Solo, 1951. "Innovation in the Capitalist Process: A Critique of the Schumpeterian Theory," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 65(3), pages 417-428.
    • Handle: RePEc:oup:qjecon:v:65:y:1951:i:3:p:417-428.
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    Cited by:

    1. Bezdrob, Muamer, 2019. "Long-Term Performance Implications of Management Innovation," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 24(2), pages 210-234.
    2. Zhiwei Wang & Hui Sun & Chenxin Ding & Long Xin & Xuechao Xia & Yuanyuan Gong, 2023. "Do Technology Alliance Network Characteristics Promote Ambidextrous Green Innovation? A Perspective from Internal and External Pressures of Firms in China," Sustainability, MDPI, vol. 15(4), pages 1-23, February.
    3. Meng Zhang & Yong Qi, 2023. "Vertical Network Relationships, Technological Capabilities, and Innovation Performance: The Moderating Role of Strategic Flexibility," Sustainability, MDPI, vol. 15(14), pages 1-15, July.
    4. Milo Bianchi & Magnus Henrekson, 2005. "Is Neoclassical Economics still Entrepreneurless?," Kyklos, Wiley Blackwell, vol. 58(3), pages 353-377, July.
    5. Attar, M. Aykut, 2015. "Entrepreneurship, knowledge, and the industrial revolution," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 9, pages 1-54.
    6. Pan, Wenrong & Xie, Tao & Wang, Zhuwang & Ma, Lisha, 2022. "Digital economy: An innovation driver for total factor productivity," Journal of Business Research, Elsevier, vol. 139(C), pages 303-311.
    7. Callegari, Beniamino & Nybakk, Erlend, 2022. "Schumpeterian theory and research on forestry innovation and entrepreneurship: The state of the art, issues and an agenda," Forest Policy and Economics, Elsevier, vol. 138(C).
    8. Lei Gao & Andrey Zagorchev, 2020. "Dual-Class Firms and Innovation after NAFTA," Review of Pacific Basin Financial Markets and Policies (RPBFMP), World Scientific Publishing Co. Pte. Ltd., vol. 23(01), pages 1-33, March.
    9. Mauro Sylos Labini, 2015. "A ”conservative Marxist” at Harvard: the influence of Joseph A. Schumpeter on Paolo Sylos Labini," Journal of Evolutionary Economics, Springer, vol. 25(1), pages 311-321, January.
    10. Ailian Zhang & Mengmeng Pan, 2020. "“Smart Process” of Medical Innovation: The Synergism Based on Network and Physical Space," IJERPH, MDPI, vol. 17(11), pages 1-17, May.

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