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Joseph Schumpeter

Thomas K. McCraw

2013

Joseph Schumpeter

Biographies

Thomas K. McCraw

Thomas K. McCraw (1940-2012), a much-loved professor for thirty years at Harvard Business School (1976 – 2006), was the disciple, colleague and successor of Alfred D. Chandler at the head of the Isidor Straus Professor of Business History, and obtained the Pulitzer Prize for History in 1985. In 2009, the Business History Conference awarded him its most prestigious biannual award “for making business history more influential and accessible in broader fields of history and management”. This biography on Schumpeter, translated into seven languages, is perhaps his most widely-read work.

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Thomas K. McCraw

 |  2013
Management

Joseph Alois Schumpeter (1883–1950), described by John Kenneth Galbraith as the most sophisticated conservative of the twentieth century, was the prophet of innovation, the first economist to reason that nearly all businesses fail, victims of innovation by their competitors, and that “creative destruction” – that seemingly contradictory phrase which he popularized − is what really drives capitalism, a system that creates “prosperity far greater than the wreckage it leaves behind.” Schumpeter kept saying that business people appear to ignore the lesson that in order to survive they must remain entrepreneurial: they must innovate and keep innovating.

Details

ISBN: 978-84-936162-3-6
Thomas K. McCraw – 2013
English
Paperback, 23.5 cm x 16 cm / 9.25″ x 6.3″
780 pp
68 b/w ilustrations

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