Studies on the Activity of the Modern Entrepreneur

digital

Articolo

Rivista

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI

Fascicolo

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2011 - 3-4

Titolo

Studies on the Activity of the Modern Entrepreneur

Autore

Giovanni Demaria

Editore

Vita e Pensiero

Formato

Articolo |

Pdf

Online da

03-2011

Issn

0035-676X (stampa) | 1827-7918 (digitale)

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Descrizione Commenti dei lettori

The article discusses Schumpeter’s theses about the entrepreneur’s role and his market power. Schumpeter’s theory of profit and business enterprise is positively surveyed. Limits are set to the possibility of bank credit creation and of forced saving to provide entrepreneurs with an unbounded command over production. Finally, D. admits that, from a theoretical point of view, it would be possible to foster a continuous expansion of investments financed only by pure credit, either under a fiat money system or thanks to effective international coordination under a fixed exchange rates regime.

Key words: J.A. Schumpeter; entrepreneurial function; banking system and entrepreneurship.

JEL Classification: B2, B31, E3.

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