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Erschienen in:
2017 | OriginalPaper | Buchkapitel
1. Introduction
verfasst von : Iurii Bazhal
Erschienen in: The Political Economy of Innovation Development
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Abstract
The chapter presents the key conceptual contents of the book that reveals the category of Schumpeterian innovations as an isolated factor of economic development which creates a new added value and may become like “stem cell” of the new mainstream theory of economic development. The neoclassical approach does not distinguish innovation in this role and it leads to formation gap between the fundamental economic theory and the real innovation processes in modern economy. The analysis of the threats and negative consequences of the existence of this gap for economic theory and practice as well as positive impacts of its elimination is contained. The readers can have a fresh look on some known problems and recognize new approaches.