Innovation (Economy) - Secret

…As the subtitle of this book, one of his major works, indicates, it is a “theoretical, historical and statistical analysis of the capitalist process.” His sociological studies (The Crisis of the Tax State (1918), The Sociology of Imperialism (1918-19), The Theory of Social Classes (1927), etc.) were all aimed at this subject, and were intended to provide analytical tools for the system. According to him, “development” comes from a new combination of production factors, i.e. innovation, and the few people who can endure extraordinary efforts as the innovators are none other than “entrepreneurs.” Innovation transforms and destroys the old economic trajectory, and its disruptive effect creates a business cycle, which creates a new value system and a large amount of products when equilibrium is restored. …

*Some of the terminology explanations that mention "innovation (economy)" are listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

…主著の一つである本書はその副題の示すとおり，〈資本主義過程の理論的･歴史的･統計的分析〉であり，彼の社会学的諸研究(《租税国家の危機》(1918)，《帝国主義の社会学》(1918‐19)，《社会階級論》(1927)など)は，すべてこの主題のため，もっぱら制度に関する分析用具を用意することにあった。彼によれば，〈発展〉は生産要素の新結合＝革新(イノベーション)から生じ，革新の担い手として異常な努力に堪えうる少数の人物が〈企業者〉にほかならない。そして革新は旧来の経済軌道を変革破壊し，その攪乱作用が景気循環を生むが，それが再び均衡状態を回復するとき，新しい価値体系と大量の生産物を作り出す。…

※「革新（経済）」について言及している用語解説の一部を掲載しています。

出典｜株式会社平凡社世界大百科事典 第２版について | 情報