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Schumpeter's Venture Money - Oxford Scholarship Online
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Schumpeter's Venture Money

Michael Peneder and Andreas Resch


Schumpeter’s venture money examines the role of financial innovation and monetary thought throughout economic history, following the unique perspective of the leading scholar of a monetary theory of economic development. It proceeds with the analysis along three threads. The first thread is the history of money, or more precisely the continuous stream of innovations that has improved and expanded the scope of financing new ventures. The second thread is the complementary stream of ideas in the history of monetary thought. Finally, Josef Schumpeter himself, his theoretical vision and personal v ... More

Keywords: Schumpeter, capitalism, development, financial innovation, venture capital, finance and growth, history of money, history of monetary thought, digital money

Bibliographic Information

Print publication date: 2021 Print ISBN-13: 9780198804383
Published to Oxford Scholarship Online: February 2021 DOI:10.1093/oso/9780198804383.001.0001


Affiliations are at time of print publication.

Michael Peneder, author
Senior Economist, Austrian Institute of Economic Research

Andreas Resch, author
Associate Professor, Institute for Economic and Social History, Vienna University of Economics and Business