Robert Solow quotes
Robert Solow is an American economist, celebrated for his foundational work on economic growth theory. His research introduced the Solow Growth Model, which has become a cornerstone in modern macroeconomics. He has received numerous prestigious awards, including the Nobel Prize in Economics. Here are 12 of his quotes:
In my view-and that of most contemporary economists, I believe-Schumpeter's most original and most lastingly significant book was Theory of Economic Development, which appeared in 1911 (and was translated into English in 1934). It was at the University of Czernowitz, not far from the beginning of his career as an economist, that he worked out his conception of the entrepreneur, the maker of "new combinations,” as the driving force and characteristic figure of the fits-and-starts evolution of the capitalist economy. He was explicit that, while technological innovation was in the long run the most important function of the entrepreneur, organizational innovation in governance, finance, and management was comparable in significance.
Robert Solow
Robert Solow
Occupation: American Economist
Born: August 23, 1924
Died: December 21, 2023
Quotes count: 12
Wikipedia: Robert Solow
Related authors