“Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production.”
Quote by Joseph A. Schumpeter
Work
The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle
This book delves into the intricate relationships between economic development and various financial and business elements, providing a detailed analysis of the dynamics of profits, capital accumulation, credit systems, and the cyclical nature of economic activity. more
Author
Joseph A. Schumpeter
Joseph A. Schumpeter was a renowned economist known for his research on innovation and entrepreneurship. His theories have had a profound impact on modern economics. more
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