Re-Discovering Schumpeter

This book focuses on "creative destruction" in the context of the knowledge economy and society. It examines the ideas of innovation and entrepreneurship developed by Joseph Schumpeter in the early part of the twentieth century; ideas that challenged the orthodoxy of his peers and continue to be a critical force for developing sustainable advantage among enterprises. The discussions and examples illustrate ideas and provide arguments - for both the academic and practitioner - maintaining that although Schumpeter's concepts were developed over seventy years ago, his theory of "creative destruction" is essential for organizations to survive in the future.

This book focuses on the Schumpeterian ideas of innovation and entrepreneurship that challenged the orthodoxy of his peers and to this day continue to be a critical force for developing sustainable advantage among enterprises.

ELIAS G. CARAYANNIS is Professor of Technology, Innovation and Entrepreneurship at the Department of Information Systems and Technology Management, as well as Director of Research for Science, Technology, Innovation and Entrepreneurship, European Research Center and Co-Founder and Co-Director of the Global and Entrepreneurial Research Institute at the School of Business, George Washington University.