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Innovation and Business Cycles

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  • Agnès Festré

    (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique)

Abstract

The main purpose of this chapter is to assess the originality of Schumpeter's theory of business cycles. The first section outlines the distinctive features of Schumpeter's approach to business cycles and economic dynamics. Section two looks at the mechanisms constituting the cycle in Schumpeter's two major contributions on this subject, the Theory of Economic Development (1911) and Business Cycles (1939).

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  • Agnès Festré, 2002. "Innovation and Business Cycles," Post-Print halshs-00271362, HAL.
    • Handle: RePEc:hal:journl:halshs-00271362
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00271362
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    References listed on IDEAS

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    1. Ulrich Witt, 1994. "Evolutionary economics," Chapters, in: Peter J. Boettke (ed.), The Elgar Companion to Austrian Economics, chapter 78, Edward Elgar Publishing.
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