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Schumpeter prize

Schumpeter Prize 2024:

Call for the Schumpeter Prize Competition 2024

Former Schumpeter Prize Competitions

Topic 2022 Technological revolution and new driving forces for global sustainable development


Michael Peneder and Andreas Resch: “Schumpeter's Venture Money" (Oxford University Press 2021, ISBN 978-0-19-880438-3)

Topic 2020: Schumpeterian Perspectives on Radical Change: Robotics, Artifical Intelligence and Broad Societal Transformation


Hiroshi Shimizu: “General Purpose Technology, Spin-Out, and Innovation: Technological Development of Laser Diodes in the United States and Japan(Springer 2019,


Topic 2018: Innovation and Sustainable Development: Schumpeterian Legacies from Asian And Global Perspectives


Michael H. Best: “How Growth really happens” (Princeton University Press, 2018)


John A. Mathews: “Global Green Shift” (Anthem Press, 2017)


Topic 2016: Building Bridges


Dengjian Jin: “The Great Knowledge Transcendence: The Rise of Western Science and Technology Reframed” (London and New York: Palgrave Macmillan, 2016)
Shane Greenstein: “How the Internet Became Commercial; Innovation, Privatization, and the Birth of a New Network (Princeton NJ and Oxford UK: Princeton University Press, 2015)

Topic 2014: Foundations of Economic Change: Behaviour, Interaction and Aggregate Outcomes


Geoffrey M. HODGSON: "Conceptualizing Capitalism - Institutions, Evolution, Future", to be published by University of Chicago Press in 2015
Keun LEE: "Schumpeterian Analysis of Economic Catch-up", Cambridge University Press, 2013

Topic 2012: Evolving towards sustainability: the role of entrepreneurship, innovation and competition


Franco MALERBA, Richard NELSON, Luigi ORSENIGO, and Sidney WINTER: "Innovation and the evolution of industries: history friendly models"

Topic 2010: Innovation, Organisation, Sustainability and Crises


Bart NOOTEBOOM: "A cognitive theory of the firm. Learning, governance and dynamic capabilities", Edward Elgar, Cheltenham 2009

William LAZONICK: "Sustainable prosperity in the new economy?", W.E Upjon Institute Michigan, 2009

Topic 2008: Innovation and Economic Development


Martin FRANSMAN: "The New ICT Ecosystem: Implications for Europe", Kokoro, 2007

Mario AMENDOLA and Jean-Luc GAFFARD: "The Market Way to Riches: Behind the Myth", Edward Elgar, Cheltenham, 2006

Thomas McCRAW: "Prophet of Innovation: Joseph Schumpeter and Creative Destruction", Harvard University Press, Cambridge, MA and London, 2007

The winners were announced during the conference at Rio de Janeiro on July 2-5, 2008.

Topic 2006: Innovation, Competition and Growth: Schumpeterian Perspectives
Philippe Aghion, Harvard University / Rachel Griffith, University College London, "Competition and Growth. Reconciling Theory and Evidence" (MIT Press, 2005)
Richard G. Lipsey, Kenneth I. Carlaw and Clifford T. Bekar, "Economic Transformations and Long-Term Economic Growth", Oxford University Press, 2005
Richard N. Langlois, "The Dynamics of Industrial Capitalism: Schumpeter, Chandler and the New Economy", London, Routledge, 2006

Topic 2004: Innovation, Industrial Dynamics and Structural Transformation: Schumpeterian Legacies
J. Peter Murmann, Northwestern University, Evanston, IL/USA, "Knowledge and Competitive Advantage. The Coevolution of Firms, Technology, and National Institutions”.

Topic 2002: Entrepreneurship, the New Economy and Public Policy: Schumpeterian Perspectives
Steven Klepper, Carnegie Mellon University, Pittsburgh, "The Evolution of the U.S. Automobile Industry and Detroit as its Capital"

Topic 2000: Change, development and transformation
Brian J. Loasby, University of Stirling, "Knowledge, Institutions and Evolution in Economics" (Routledge, 1999);
Jason Potts, University of Queensland, "The New Evolutionary Microeconomics. Complexity, Competence and Adaptive Behaviour", Edward Elgar.

Topic 1998: Capitalism and Democracy in the 21st Century
Masahiko Aoki, Stanford University, "Towards a comparative institutional analysis":
Frank R. Lichtenberg, Columbia University New York, "Pharmaceutical innovation as a process of creative destruction";
[Honorary prize]: Mancur Olson, University of Maryland (= 1998), " Capitalism and democracy in the 21st century. Capitalism, socialism and dictatorship"

Topic 1996: Learning Entrepreneurship and the Dynamics of the Firm
Maureen D. McKelvey, Linköping University, "Evolutionary innovations: The business of biotechnology", Oxford: Oxford University Press, 1996.

Topic 1994: Innovation, Investment and International Competition
Elias Dinopoulos, University of Florida, "Schumpeterian Growth Theory: An Overview", in: Osaka City University Economic Review, vol. 29, No. 1-2, pp. 1-21, January 1994, reprinted in: Ernst Helmstädter and Mark Perlman (eds) "Behavioral Norms, Technological Progress and Economic Dynamics. Studies in Schumpeterian Economics", Ann Arbor, Mi: University of Michigan Press, pp. 371-391, 1996.
Jean Fan, University of Exeter, "Endogenous Technical Progress, R&D Periods and Durations of Business Cycles", in: Journal of Evolutionary Economics, Volume 5, No. 4, 1995.

Topic 1992: Government, the 'Tax State' and Economic Dynamics
Richard Musgrave, University of California/Santa Cruz "Schumpeter's Crisis of the Tax State. An Essay in Fiscal Sociology", in: Journal of Evolutionary Economics, Volume 2, No. 2, 1992.
Christopher Green, McGill University, Montreal, "From 'Tax State' to 'Debt State'", in: Journal of Evolutionary Economics, Volume 3, No. 1, 1993.

Topic 1990: Evolutionary Economics: Theory and Evidence
W. Brian Arthur, Stanford University, "Positive feedback mechanisms in the economy", in: Scientific American, Feb. 1990;
Joel Mokyr, Northwestern University, "The Lever of Power: Technical Creativity and Economic Progress", Oxford University Press 1990;
Manuel Trajtenberg, University of Tel Aviv: "Economic Analysis of Product Innovation: The Case of the CT Scanners", Harvard University Press 1989.

Topic 1988: A Study in the Diffusion of Technology
Christopher Freeman, University of Sussex, "Technology Policy and Economic Performance: Lessons from Japan" Published in UK by Pinter Press and distributed in the US by Columbia University Press 1987.