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Mümtaz Keklik, United Nations Development Programme, Kathmandu, Nepal. The views expressed in this book are the author's own and do not necessarily represent those of the United Nations or its governing bodies.
’This book is most interesting. This is the most profound attempt I know to connect the Schumpeter concept of entrepreneurship and examine its relation to Marx’s writings on long-term cycles. It is an important book.’ E.K. Hunt, Professor and Chair, Department of Economics, University of Utah, USA ’Keklik weaves together a compelling argument based on a novel rereading of neo-Schumpeterian literature with Marxian questions in mind. A must read.’ Korkut A. Erturk, Associate Professor of Economics, University of Utah, USA ’This book contains highly original research and is a fine blend of theoretical and empirical analysis. It gives a unified account of Schumpeter’s earlier and later views on innovation, entrepreneurship, competition and industry life-cycle. These ideas are linked to the Marxian theory of the long-wave and are tested on the U.S. data. The book deserves serious attention from economists working on industrial organization, technical change and economic development.’ Professor Ajit Singh, Cambridge University, UK
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