A contemporary view of Joseph A. Schumpeter's theory of the entrepreneur. From: Journal of Economic Issues | Date: June 1, 2005| Author: McDaniel, Bruce A. | COPYRIGHT 2005 Association for Evolutionary Economics. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

In the late 1700s as the modern world started developing, a major transition took place in human activity. The workplace began to change from one of nature to one of artificial environments. Seasons were replaced with work shifts; the sun was replaced with artificial light; the outside ambient was replaced with factory-controlled weather; and work activity was changed from agrarian to shop assembly. Out of this major transition in human activity, a new sociologically distinct indiv...