schumpeterian
Word Rarity
Very rare
Frequency: Zipf frequency 1.11 in modern English
22
Scrabble Score
13
Letters
4
Syllables
12
Unique Chars
Meaning
adj
Of or pertaining to the economist Joseph Alois Schumpeter (1883–1950).
Example Sentences
- "Rather than simply an extension of Smithian dynamics of market expansion and labor specialization, economic growth in early modern Europe was nurtured by Schumpeterian principles in which it is not perfect markets, but rather imperfect markets, that spur innovation and economic growth."
- "This paper develops a dynamic Schumpeterian growth model to analyze how extractive institutions in the form of the resource appropriation by a politically dominant elite shape the transition from Malthusian stagnation to sustained long-run economic growth."
- "The merger’s effect on innovation decomposes into a Schumpeterian effect (larger profit base) and an Arrowian effect (lost rivalry)."
- "[One economic phenomenon driving growth] is “Schumpeterian growth,” driven by technological progress: making goods cheaper, making them better, or coming up with altogether new goods."
Etymology
Etymology tree English Schumpeter Proto-Indo-European *-(i)yós Proto-Italic *-ijos Proto-Italic *-ios Old Latin -ios Latin -ius Proto-Indo-European *-nós Proto-Italic *-nos Proto-Italic *-ānos Latin -ānus Latin -iānusbor. English -ian English Schumpeterian From Schumpeter + -ian.
Inflected Forms
more Schumpeterian (comparative)
most Schumpeterian (superlative)