Office of the Secretary General
Emeritus Professor Horst Hanusch
Chair of Economics
University of Augsburg

Schumpeter prize

15th Schumpeter Prize Competition 2016

Schumpeter Prize Competition 2016 on Building Bridges with heterodox economic currents The International Joseph A. Schumpeter Society is pleased to announce the 15th Schumpeter Prize Competition. The Prize is awarded every two years in recognition of a recent scholarly contribution related to Schumpeter ´s work. It carries a cash award of C$15,000 (10,000 Euros). Submissions must not have been published before 1 July 2014 and can be in the form of a book/manuscript or article/paper. A list of previous Prize winners is provided at the ISS main website. Schumpeter Prize entries must be postmarked no later than 10 March 2016. They must be sent to the president of the Prize Committee:

Professor Keun Lee
Department of Economics
Seoul National University
Shillim-Dong, Seoul, 151-746,

Former Schumpeter Prize Competitions

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.