Abstract
Schumpeter’s vision of evolutionary economics was to be developed as a comprehensive sociology or a universal social science. His fundamental ideas consisted of ?. innovation based on the typology of man, 2. unity of social life, and 3. development. The recent conception of Neo-Schumpeterian Economics focusing on technological innovation suffers from the lack of sociological perspective and of philosophical foundation. This paper proposes to examine the philosophical basis of Schumpeter’s evolutionary economics in light of the debate between analytical philosophy and Continental philosophy and characterizes his deviation from mainstream economics in terms of historicism and romanticism.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
