Topic 2026:
“Capitalism and Democracy: Paradigm Shifts and Creative Transformations”
International Joseph A. Schumpeter Society 2026 Schumpeter Prize
The International Joseph A. Schumpeter Society (ISS) will organize the 2026 Schumpeter Prize Competition, to be held in conjunction with the 21st International Schumpeter Society Conference in Strasbourg, France, hosted by BETA (Bureau d’Économie Théorique et Appliquée).
The Schumpeter Prize is awarded biennially in recognition of a recent and outstanding scholarly contribution related to the work and legacy of Joseph A. Schumpeter. For 2026, the prize will recognize contributions in two categories:
- Books (monographs)
- Articles published in recognized scientific journals
Eligible works must have been first published (including online publication) or remain unpublished after June 1, 2024.
Submissions may be of any length or format.
All entries will be evaluated by a Prize Committee chaired by Prof. Maryann Feldman, President-Elect of the ISS.
The winner(s) will be announced, and the award conferred, during the 21st ISS Conference in Strasbourg.
Submissions should preferably be sent electronically to the administrative office of the ISS.
The contact data of the administrative office of the ISS are :
Mrs Olga Gaessner
Friedrich-Schiller-University Jena Carl-Zeiss-Str. 3,
07743 Jena / Germany
Phone: +49 3641 943200
Fax: +49 3641 943202
E-mail: olga.gaessner@uni-jena.de
Topic 2024: Transformation: Creative Accumulation and Creative Destruction in the Economy
Winners:
Giovanni DOSI: “The Foundations of Complex Evolving Economies” (Oxford University Press 2023, ISBN 978–0–19–286592–2)
and
Nicola De LISO, Serena ARIMA and Giovanni FILATRELLA: “Is the “sailing-ship effect” misnamed? A statistical inquiry of the case sail vs steam inmaritime transportation” (Industrial and Corporate Change, 2023, 32, 975–999; Oxford University Press, DOI: https://doi.org/10.1093/icc/dtad012)
Topic 2022 Technological revolution and new driving forces for global sustainable development
Winners:
Michael PENEDER and Andreas RESCH: “Schumpeter’s Venture Money” (Oxford University Press 2021, ISBN 978-0-19-880438-3)
Topic 2020: Schumpeterian Perspectives on Radical Change: Robotics, Artifical Intelligence and Broad Societal Transformation
Winner:
Hiroshi SHIMIZU: “General Purpose Technology, Spin-Out, and Innovation: Technological Development of Laser Diodes in the United States and Japan” (Springer 2019, https://www.springer.com/jp/book/9789811337130)
Topic 2018: Innovation and Sustainable Development: Schumpeterian Legacies from Asian And Global Perspectives
Winners:
Michael H. BEST: “How Growth really happens” (Princeton University Press, 2018)
and
John A. MATHEWS: “Global Green Shift” (Anthem Press, 2017)
Topic 2016: Building Bridges
Winners:
Dengjian JIN: “The Great Knowledge Transcendence: The Rise of Western Science and Technology Reframed” (London and New York: Palgrave Macmillan, 2016)
and
Shane GREENSTEIN: “How the Internet Became Commercial; Innovation, Privatization, and the Birth of a New Network (Princeton NJ and Oxford UK: Princeton University Press, 2015)
Topic 2014: Foundations of Economic Change: Behaviour, Interaction and Aggregate Outcomes
Winners:
Geoffrey M. HODGSON: “Conceptualizing Capitalism – Institutions, Evolution, Future”, to be published by University of Chicago Press in 2015
and
Keun LEE: “Schumpeterian Analysis of Economic Catch-up”, Cambridge University Press, 2013
Topic 2012: Evolving towards sustainability: the role of entrepreneurship, innovation and competition
Winners:
Franco MALERBA, Richard NELSON, Luigi ORSENIGO, and Sidney WINTER: “Innovation and the evolution of industries: history friendly models”
Topic 2010: Innovation, Organisation, Sustainability and Crises
Winners:
Bart NOOTEBOOM: “A cognitive theory of the firm. Learning, governance and dynamic capabilities”, Edward Elgar, Cheltenham 2009
William LAZONICK: “Sustainable prosperity in the new economy?”, W.E Upjon Institute Michigan, 2009
Topic 2008: Innovation and Economic Development
Winners:
Martin FRANSMAN: “The New ICT Ecosystem: Implications for Europe”, Kokoro, 2007
Mario AMENDOLA and Jean-Luc GAFFARD: “The Market Way to Riches: Behind the Myth”, Edward Elgar, Cheltenham, 2006
Thomas McCRAW: “Prophet of Innovation: Joseph Schumpeter and Creative Destruction”, Harvard University Press, Cambridge, MA and London, 2007
The winners were announced during the conference at Rio de Janeiro on July 2-5, 2008.
Topic 2006: Innovation, Competition and Growth: Schumpeterian Perspectives
Winners:
Philippe Aghion, Harvard University / Rachel Griffith, University College London, “Competition and Growth. Reconciling Theory and Evidence” (MIT Press, 2005)
Richard G. Lipsey, Kenneth I. Carlaw and Clifford T. Bekar, “Economic Transformations and Long-Term Economic Growth“, Oxford University Press, 2005
Richard N. Langlois, “The Dynamics of Industrial Capitalism: Schumpeter, Chandler and the New Economy“, London, Routledge, 2006
Topic 2004: Innovation, Industrial Dynamics and Structural Transformation: Schumpeterian Legacies
Winner:
J. Peter Murmann, Northwestern University, Evanston, IL/USA, “Knowledge and Competitive Advantage. The Coevolution of Firms, Technology, and National Institutions”.
Topic 2002: Entrepreneurship, the New Economy and Public Policy: Schumpeterian Perspectives
Winner:
Steven Klepper, Carnegie Mellon University, Pittsburgh, “The Evolution of the U.S. Automobile Industry and Detroit as its Capital”
Topic 2000: Change, development and transformation
Winners:
Brian J. Loasby, University of Stirling, “Knowledge, Institutions and Evolution in Economics” (Routledge, 1999);
Jason Potts, University of Queensland, “The New Evolutionary Microeconomics. Complexity, Competence and Adaptive Behaviour”, Edward Elgar.
Topic 1998: Capitalism and Democracy in the 21st Century
Winners:
Masahiko Aoki, Stanford University, “Towards a comparative institutional analysis”:
Frank R. Lichtenberg, Columbia University New York, “Pharmaceutical innovation as a process of creative destruction”;
[Honorary prize]: Mancur Olson, University of Maryland (= 1998), ” Capitalism and democracy in the 21st century. Capitalism, socialism and dictatorship”
Topic 1996: Learning Entrepreneurship and the Dynamics of the Firm
Winner:
Maureen D. McKelvey, Linköping University, “Evolutionary innovations: The business of biotechnology”, Oxford: Oxford University Press, 1996.
Topic 1994: Innovation, Investment and International Competition
Winners:
Elias Dinopoulos, University of Florida, “Schumpeterian Growth Theory: An Overview”, in: Osaka City University Economic Review, vol. 29, No. 1-2, pp. 1-21, January 1994, reprinted in: Ernst Helmstädter and Mark Perlman (eds)
“Behavioral Norms, Technological Progress and Economic Dynamics. Studies in Schumpeterian Economics”, Ann Arbor, Mi: University of Michigan Press, pp. 371-391, 1996.
Jean Fan, University of Exeter, “Endogenous Technical Progress, R&D Periods and Durations of Business Cycles”, in: Journal of Evolutionary Economics, Volume 5, No. 4, 1995.
Topic 1992: Government, the ‘Tax State’ and Economic Dynamics
Winners:
Richard Musgrave, University of California/Santa Cruz “Schumpeter’s Crisis of the Tax State. An Essay in Fiscal Sociology”, in: Journal of Evolutionary Economics, Volume 2, No. 2, 1992.
Christopher Green, McGill University, Montreal, “From ‘Tax State’ to ‘Debt State'”, in: Journal of Evolutionary Economics, Volume 3, No. 1, 1993.
Topic 1990: Evolutionary Economics: Theory and Evidence
Winners:
W. Brian Arthur, Stanford University, “Positive feedback mechanisms in the economy”, in: Scientific American, Feb. 1990;
Joel Mokyr, Northwestern University, “The Lever of Power: Technical Creativity and Economic Progress”, Oxford University Press 1990;
Manuel Trajtenberg, University of Tel Aviv: “Economic Analysis of Product Innovation: The Case of the CT Scanners”, Harvard University Press 1989.
Topic 1988: A Study in the Diffusion of Technology
Winner:
Christopher Freeman, University of Sussex, “Technology Policy and Economic Performance: Lessons from Japan” Published in UK by Pinter Press and distributed in the US by Columbia University Press 1987