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Studies on the Activity of the Modern Entrepreneur

digital Studies on the Activity of the Modern Entrepreneur
Article
journal RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI
issue RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2011 - 3-4
title Studies on the Activity of the Modern Entrepreneur
author
publisher Vita e Pensiero
format Article | Pdf
online since 03-2011
issn 0035-676X (print) | 1827-7918 (digital)
€ 6.00

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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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