McCraw, Thomas K.
Prophet of Innovation
- ISBN 13:
- 9780674034815
- author:
- McCraw, Thomas K.
- format:
- Paperback
- publisher:
- Harvard University Press
- language:
- English
- Publication Year:
- 2009
- Pages:
- 736
- Dimensions:
- 23.4 x 16.2 x 4 cm
- Genre:
- BUSINESS & ECONOMICS / Economic History
- Condition:
- New
- Availability:
- Item usually sent within 10 working days
Description
Joseph Schumpeter was a prophet of incessant change, describing "creative destruction" as the driving force of capitalism. He believed that nearly all businesses fail, victims of innovation by their competitors, and that entrepreneurs must think strategically to survive. Schumpeter's vision was stark: while the wreckage left behind by capitalist progress is significant, the general prosperity produced far outweighs it. His life was marked by turmoil, including two world wars, the Great Depression, and the early Cold War, yet he reinvented himself many times. This biography reveals not only Schumpeter's economic theories but also his personal story, including the role of women in his life who helped him navigate the challenges he faced. Published in 2009, this book offers a nuanced understanding of one of the most influential economists of the 20th century, and is a valuable resource for anyone interested in business, economics, or biography.