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1 Bobbio, like Schumpeter and Dahl, wishes to retain the competitive model of different parties for the peoples' vote.

2 Joseph Schumpeter was downright eccentric, showing up for classes dressed in jodhpurs and carrying a riding crop.

3 According to Schumpeter, his definition improves on classical democratic theory in a variety of ways.

4 Fellowship and the International Schumpeter Prize in Economics.

5 Joseph Schumpeter famously argued that the essence of capitalism was creative destruction, by which new economic structures are born from the rubble of older ones.

6 Schumpeter predicted that as capitalist economies evolved, innovation would become routinized in large organizations, obviating the need for individual entrepreneurs.

7 Schumpeter had a rise - and - fall mechanism in mind.

8 Schumpeter also said that all established businesses are'standing onground that is crumbling beneath their feet "

9 Joseph Schumpeter, an Austrian economist, argued that disruptive upstarts were needed when incumbent firms failed to drive innovation.

10 More generally, Schumpeter seemed to be playing the role of grand seigneur, and he tended to flatter where flattery was not due,[www.Sentencedict.com] no doubt satirically.

11 Back in 1942 Joseph Schumpeter gave warning that the bureaucratisation of capitalism was killing the spirit of entrepreneurship.

12 But Schumpeter knew far too much about the history of business to be a cheerleader.

13 Joseph Schumpeter, the economist who coined the term "creative destruction," would be proud.

14 Joseph Alois Schumpeter thought the innovation is not only the motive of the social economic development but also the source of economic period.

15 As Joseph Schumpeter, the great Austrian economist, once wrote: "The monetary system of a people reflects everything that the nation wants, does, suffers, is."

16 Joseph Schumpeter was one of the few intellectuals who saw business straight.

17 Schumpeter also said that all established businesses standingground that is crumbling beneath their feet.

18 Schumpeter derived from this analysis a lasting bias in favor of big business.

19 Joseph Schumpeter was an obsessive scholar who spent his spare moments riding thoroughbreds, collecting mistresses and, on the odd occasion, taking part in orgies.

20 This process of 'creative destruction', according to the economist Joseph Schumpeter, is what drives economic growth forwards.

21 After Harvard, where he studied under the late Joseph Schumpeter, he spent four years in the U.S. Navy, serving on a destroyer that supported the invasion of North Africa.