The intellectual and social climate needed to allow entrepreneurship to thrive will — Joseph A. Schumpeter
Geniuses and prophets do not usually excel in professional learning, and their — Joseph A. Schumpeter
The strategic stimulus to economic development in Schumpeter’s analysis is innovation, defined — Joseph A. Schumpeter
Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes — Joseph A. Schumpeter
Democracy is a political method, that is to say, a certain type of institutional arrangement for arriving at political — Joseph A. Schumpeter
Bureaucracy is not an obstacle to democracy but an inevitable complement to it. — Joseph A. Schumpeter
Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production. — Joseph A. Schumpeter
For the duration of its collective life, or the time during which its identity may be assumed — Joseph A. Schumpeter