The process of creation of novelty in economic development and entrepreneurship

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MOTAVASELI MAHMOUD

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Journal Paper

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Journal: JOURNAL OF ENTREPRENEURSHIP DEVELOPMENT Year:2015 | Volume:8 | Issue:3 Page(s): 413-431

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Title

The process of creation of novelty in economic development and entrepreneurship

Author(s)

MOTAVASELI MAHMOUD | Issue Writer Certificate

Keywords

noveltyQ2

Rational mindQ2

Economic DevelopmentQ2

Abstract

with respect to the process of creation of novelty among economists; that’ s why Schumpeter has used the term “ impossible” in regard to this unknowable process. This is a right term, since this subject matter can’ t be incorporated within the theoretical framework determined by orthodox conceptual rationality. Considering the importance and necessity of the creation of novelty for the process of development, the present article attempts to explain the process of creation of novelty in Economic Development and entrepreneurship. To this end, first the concept of novelty has been articulated and its necessity in the process of development has been analyzed; then, in order to present an introduction to explaining the process of creation of novelty, Schumpeter’ s article “ Development” , in which he tries to make an explanation of novelty, has put into discussion. Finally, the primary theoretical necessities regarding the creation of novelty and its impossibility conditions are presented.

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APA: Copy

MOTAVASELI, MAHMOUD. (2015). The process of creation of novelty in economic development and entrepreneurship. JOURNAL OF ENTREPRENEURSHIP DEVELOPMENT, 8(3 ), 413-431. SID. https://sid.ir/paper/131357/en

Vancouver: Copy

MOTAVASELI MAHMOUD. The process of creation of novelty in economic development and entrepreneurship. JOURNAL OF ENTREPRENEURSHIP DEVELOPMENT[Internet]. 2015;8(3 ):413-431. Available from: https://sid.ir/paper/131357/en

IEEE: Copy

MAHMOUD MOTAVASELI, “The process of creation of novelty in economic development and entrepreneurship,” JOURNAL OF ENTREPRENEURSHIP DEVELOPMENT, vol. 8, no. 3 , pp. 413–431, 2015, [Online]. Available: https://sid.ir/paper/131357/en

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