IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/71126.html
   My bibliography  Save this paper

An analysis of Joseph Schumpeter's life, concept of innovation, and application for Estonia

Author

Listed:
  • Putthiwanit, Chutinon

Abstract

This research studies a basic concept of Schumpeterian Theory by exploring the life of Joseph Schumpeter and the application for Estonia. The secondary data were taken from World Values Survey (WVS); a worldwide group of researchers observing global values and their effect on society as a whole with headquarters in Sweden. Author took the most recent data of WVS in wave six (year 2010-2014) with the total of 74,042 cases for analysis. An analysis was performed by multiple regressions and no multicollinearity problems were detected. The results show that the nature of tasks (both manual vs. intellectual and routine vs. creative) affects the importance of employees being creative. Further analysis was performed by an independent pair sample T-test and the result shows that there are differences in the nature of tasks (both manual vs. intellectual and routine vs. creative) of Estonian and global employees. Subsequently, the final analysis was performed to explore the difference in the nature of tasks in intellectual and creative Estonian and global employees. However, there is no difference in this aspect between them.

Suggested Citation

  • Putthiwanit, Chutinon, 2016. "An analysis of Joseph Schumpeter's life, concept of innovation, and application for Estonia," MPRA Paper 71126, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:71126
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/71126/1/MPRA_paper_71126.pdf
    File Function: original version
    Download Restriction: no
    File URL: https://mpra.ub.uni-muenchen.de/71666/1/MPRA_paper_71126.pdf
    File Function: revised version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. John Bellamy Foster, 1983. "Theories of Capitalist Transformation: Critical Notes on the Comparison of Marx And Schumpeter," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 98(2), pages 327-331.
    2. Ulrich Witt, 2002. "How Evolutionary Is Schumpeter'S Theory Of Economic Development?," Industry and Innovation, Taylor & Francis Journals, vol. 9(1-2), pages 7-22.
    3. Paul Jordan, 2014. "Nation Branding: A Tool for Nationalism?," Journal of Baltic Studies, Taylor & Francis Journals, vol. 45(3), pages 283-303, July.
    Full references (including those not matched with items on IDEAS)

    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. Georg Blind & Andreas Pyka, 2015. "Erich Schneider: The admiring disciple who did not become a follower," Journal of Evolutionary Economics, Springer, vol. 25(1), pages 239-252, January.
    2. Kurt Dopfer, 2012. "The origins of meso economics," Journal of Evolutionary Economics, Springer, vol. 22(1), pages 133-160, January.
    3. Heshmati, Almas & Lenz-Cesar, Flávio, 2013. "Determinants and Policy Simulation of Firms Cooperation in Innovation," IZA Discussion Papers 7487, Institute of Labor Economics (IZA).
    4. Jonathan Levie & Erkko Autio, 2008. "A theoretical grounding and test of the GEM model," Small Business Economics, Springer, vol. 31(3), pages 235-263, October.
    5. Remy Guichardaz & Julien Pénin, 2021. "Entrepreneurs “from within”? Schumpeter and the challenge of endogenizing novelty," Working Papers of BETA 2021-41, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    6. Rahmeyer Fritz, 2013. "Schumpeter, Marshall, and Neo-Schumpeterian Evolutionary Economics: A Critical Stocktaking," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 233(1), pages 39-64, February.
    7. Lougui, Monia & Broström, Anders, 2016. "New firm formation in the wake of mergers and acquisitions: Are employees pushed or pulled into entrepreneurship?," Working Paper Series in Economics and Institutions of Innovation 427, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    8. Guido Buenstorf, 2007. "Creation and Pursuit of Entrepreneurial Opportunities: An Evolutionary Economics Perspective," Small Business Economics, Springer, vol. 28(4), pages 323-337, April.
    9. Helen Lawton Smith & Saverio Romeo, 2012. "Entrepreneurship and innovation: Oxfordshire’s high-tech economy–firm survival, growth and innovation," Chapters, in: Charlie Karlsson & Börje Johansson & Roger R. Stough (ed.), Entrepreneurship, Social Capital and Governance, chapter 2, pages 27-52, Edward Elgar Publishing.
    10. Hannah Moscovitz, 2022. "Projecting the Nation(s) in Multinational Federal Systems: International Education and Nation Branding in Canada/Quebec," Publius: The Journal of Federalism, CSF Associates Inc., vol. 52(1), pages 82-106.
    11. Blerim Kola, 2016. "An Albanian Case Study On Measuring the Service Quality in An Academic Library," European Journal of Multidisciplinary Studies Articles, Revistia Research and Publishing, vol. 1, ejms_v1_i.
    12. Michaelides, Panayotis G. & Milios, John G., 2004. "Hilferding's Influence on Schumpeter : A First Discussion," MPRA Paper 74462, University Library of Munich, Germany.
    13. Heinz Kurz, 2012. "Schumpeter’s new combinations," Journal of Evolutionary Economics, Springer, vol. 22(5), pages 871-899, November.
    14. Helge Peukert, 2015. "Richard Abel Musgrave and Joseph Alois Schumpeter: Two intellectual authorities in economics and their shared and different frameworks, read through the lenses of the Perlman dichotomies," Journal of Evolutionary Economics, Springer, vol. 25(1), pages 253-262, January.
    15. Jorge Antonio Rangel Magdaleno & Luis Aguilera Enriquez & Martha Gonzalez Adame, 2015. "The Influence Of Innovation And Financial Information In Competitiveness Of Manufacturing Small And Mediumsized Enterprise, La Influencia De La Innovacion Y La Informacion Financiera En La Competitivi," Revista Internacional Administracion & Finanzas, The Institute for Business and Finance Research, vol. 8(2), pages 105-119.
    16. Chai Andreas, 2012. "Consumer Specialization and the Demand for Novelty: a Reconsideration of the Links and Implications for Studying Fashion Cycles in Tourism," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 232(6), pages 678-701, December.
    17. Geoffrey Hodgson, 2007. "Taxonomizing the Relationship Between Biology and Economics: A Very Long Engagement," Journal of Bioeconomics, Springer, vol. 9(2), pages 169-185, August.
    18. JinHyo Joseph Yun & DongKyu Won & KyungBae Park, 2018. "Entrepreneurial cyclical dynamics of open innovation," Journal of Evolutionary Economics, Springer, vol. 28(5), pages 1151-1174, December.
    19. Martin Henning & Maureen McKelvey, 2020. "Knowledge, entrepreneurship and regional transformation: contributing to the Schumpeterian and evolutionary perspective on the relationships between them," Small Business Economics, Springer, vol. 54(2), pages 495-501, February.
    20. Stefanescu, Răzvan & Dumitriu, Ramona, 2015. "Creşterea economică a României între 1980 şi 2013 [The Economic Growth of Romania between 1980 and 2013]," MPRA Paper 61592, University Library of Munich, Germany.

    More about this item

    Keywords

    Innovation; Schumpeterian Theory; Secondary Data; Intellectual; Creative; Creativity; Workplace; Estonia;
    All these keywords.

    JEL classification:

    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:pra:mprapa:71126. 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: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    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.