Tag Archives: Schumpeter

Of Imperial Cities, Old and New

Vienna is a very lovely city, just au point, al dente, goldilocks perfectly cooked, absorbing and redistributing cultural influences from the Germanic world, from Italy, from Slavic middle Europe. It should be obvious why this is so, for it was … Continue reading

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Redefining Frugal Innovation

This morning, I read an Economist article on innovation in emerging economies that began by talking about the Tata Nano and frugal innovation. If you’re like me, you’re probably groaning at the thought of yet another piece that cites the … Continue reading

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What does the inside of Innovation look like?

Joseph Schumpeter, widely considered the father of innovation theory, wrote of innovation as the gale force of capitalism, with a large focus is on the entrepreneur as the catalyst of innovation. He writes, “the function of entrepreneurs is to reform … Continue reading

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