Luxury and the Entrepreneur

2021 ◽  
Author(s):  
Robin Holt
Keyword(s):  
Creative Destruction ◽  
Joseph Schumpeter ◽  
Narrative Study

Based on fictional and non-fictional accounts, this chapter offers a narrative study of entrepreneurship in which the transgressive force of what Joseph Schumpeter calls ‘creative destruction’ is traced through the production of luxury objects emerging from the Meissen porcelain works. It is a narrative in which luxury and entrepreneurship are brought together, somewhat uneasily, under the forces of obsession, addiction, expertise, collecting, the affective power of things and civility.

scholarly journals Thomas K. McCraw - Prophet of innovation: Joseph Schumpeter and creative destruction

2008 ◽  
Vol 7 (1) ◽  
pp. 243
Author(s):  
Rafael Clemente
Keyword(s):  
Business School ◽  
Creative Destruction ◽  
Harvard Business School ◽  
Joseph Schumpeter

A biografia de uma figura ilustre como Schumpeter exigia nada menos do que um autor do porte de Thomas McGraw. Um dos mais respeitados historiadores de negócios dos Estados Unidos, professor emérito de história de negócios da Harvard Business School e ganhador do Prêmio Pulitzer, McGraw adiciona à sua lista de trabalhos premiados a excelente biografia, Prophet of innovation: Joseph Schumpeter and creative destruction, a qual, segundo o autor, “possui dois protagonistas: Joseph Alois Schumpeter e o fenômeno da inovação capitalista” (p.ix).

Why Schumpeter was Right: Innovation, Market Power, and Creative Destruction in 1920s America

2003 ◽  
Vol 63 (4) ◽  
pp. 1023-1058 ◽  
Author(s):  
TOM NICHOLAS
Keyword(s):  
Twentieth Century ◽  
Market Power ◽  
Capital Market ◽  
Technological Progress ◽  
Creative Destruction ◽  
Industrial Firms ◽  
Joseph Schumpeter ◽  
Early Twentieth Century ◽  
Positive Effect

Are firms with strong market positions powerful engines of technological progress? Joseph Schumpeter thought so, but his hypothesis has proved difficult to verify empirically. This article highlights Schumpeterian market-power and creative-destruction effects in a sample of early-twentieth-century U.S. industrial firms; his contention that an efficiently functioning capital market has a positive effect on the rate of innovation is also confirmed. Despite market power abuses by incumbents, the extent of innovation stands out: 21 percent of patents assigned to the firms sampled between 1920 and 1928 are cited in patents granted between 1976 and 2002.

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