JOSEPH ALOIS SCHUMPETER

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1 JOSEPH ALOIS SCHUMPETER

2 The European Heritage in Economics and the Social Sciences VOLUME 1 SERIES EDITORS Jürgen Backhaus, University of Erfurt, Germany Frank Stephen, University of Strathclyde, Glasgow, United Kingdom Aims and Scope The European heritage in economics and the social sciences is largely locked in languages other than English. Witness such classics as Storch s Cours d Economie Politique, Wicksell s Finanztheoretische Untersuchungen and Geld, Zins und Güterpreise or Pareto s Trattato di Sociologia Generale. Since about 1937, partly caused by the forced exodus of many scholars from the German language countries and the international reactions to this event, English has become the undisputed primary language of economics and the social sciences. For about one generation, this language shift did not result in a loss of access to the European non-english sources. However, after foreign language requirements were dropped as entry pre-requisites for receiving the PhD at major research universities, the European heritage in economics and the social sciences has become largely inaccessible to the vast majority of practicing scholars. In this series, we hope to publish works that address this problem in a threefold manner. An aspect of the European heritage in a language other than English should be critically documented and discussed, reconstructed and assessed from a modern scientific point of view, and tested with respect to its relevance for contemporary economic, social, or political discourse. We welcome submissions that fit this bill in order to make the European heritage in economics and the social sciences available to the international research community of scholars in economics and the social sciences.

3 Joseph Alois Schumpeter Entrepreneurship, Style and Vision Edited by Jürgen Backhaus University of Erfurt, Germany KLUWER ACADEMIC PUBLISHERS NEW YORK, BOSTON, DORDRECHT, LONDON, MOSCOW

4 ebook ISBN: Print ISBN: Kluwer Academic Publishers New York, Boston, Dordrecht, London, Moscow Print 2003 Kluwer Academic Publishers Dordrecht All rights reserved No part of this ebook may be reproduced or transmitted in any form or by any means, electronic, mechanical, recording, or otherwise, without written consent from the Publisher Created in the United States of America Visit Kluwer Online at: and Kluwer's ebookstore at:

5 Table of Contents Introduction Jürgen G. Backhaus 1 Theorie der wirtschaftlichen Entwicklung Joseph Schumpeter 5 The Theory of Economic Development Ursula Backhaus (Translator) 61 The Institutional Analysis of Entrepreneurship: Historist Aspects of Schumpeter s Development Theory Alexander Ebner 117 The Influence of Schumpeter s German Writings on the Mainstream Economic Literature in English Peter R. Senn 141 Schumpeter and Schools of Economic Thought Mark Perlman 163 On a Virtually Forgotten Essay: Joseph A. Schumpeter s The Sociology of Imperialisms Günther Krause 179 Joseph A. Schumpeter s Soziologie des Geldes Ulrich Busch 191 Adaptation Without Attribution? The Genesis of Schumpeter s Innovator Nicholas W. Balabkins 203 v

6 vi Table of Contents The Missing Chapter in Schumpeter s The Theory of Economic Development Helge Peukert 221 The Lost Chapter of Schumpeter s Economic Development Marcel A. G. van Meerhaeghe 233 The Second Cleavage of the Austrian School: Schumpeter s German Writings on Economic Systems and Economic Policy in Comparison with Mises/Hayek Günther Chaloupek 245 Steeped in Two Mind-Sets: Schumpeter in the Context of the Two Canons of Economics Erik S. Reinert 261 The Role of Technical Change and Diffusion in the Schumpeter Lines George M. Korres, Irene Lionaki and George Polichronopoulos 293 Edward Bellamy and Joseph Schumpeter in the Year 2000 Peter R. Senn 313 Schumpeter s Gap and the Economic Thought in Hellenistic Times Christos P. Baloglou 327 Schumpeter and the Crisis of the Tax State Karl-Heinz Schmidt 337 Affiliations 353

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