2019
DOI: 10.2298/pan160531006g
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At the crossroads of history and theory: Weber, Schumpeter and economic sociology

Abstract: have contributed to the disciplines of economics and sociology. Their contributions combined history with theory, taking into account the interactions between the fields of economics and sociology. Weber viewed the structure of religious and moral thought as being the basic factor engendering changes in economic and social structures, whereas Schumpeter focused on the creative actions of the entrepreneur. Despite these differences in their approaches, it is possible to claim that economic sociology is the comm… Show more

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Cited by 9 publications
(4 citation statements)
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“…The results of the study coincide with similar studies, especially those focusing on countries, which have been stably influenced by one single religion (Lange & Pfeiffer, 2019). Multi-religious and multi-ethnic societies are distinguished by other forms of behavior and realization of human potential, which require a separate study (Guler & Ozer-Imer, 2019). Religion affects a range of economic indicators, such as the use of capital, savings rate, the riskiness of an investment in capital, and more (Farooq et al, 2019;Qayyum et al, 2019;Yong et al, 2019).…”
Section: Discussionsupporting
confidence: 82%
See 1 more Smart Citation
“…The results of the study coincide with similar studies, especially those focusing on countries, which have been stably influenced by one single religion (Lange & Pfeiffer, 2019). Multi-religious and multi-ethnic societies are distinguished by other forms of behavior and realization of human potential, which require a separate study (Guler & Ozer-Imer, 2019). Religion affects a range of economic indicators, such as the use of capital, savings rate, the riskiness of an investment in capital, and more (Farooq et al, 2019;Qayyum et al, 2019;Yong et al, 2019).…”
Section: Discussionsupporting
confidence: 82%
“…The classical criticism of Max Weber's ideas has undergone significant changes during the second half of the twentieth century. In his idea of the connection between religiosity and the formation of capitalism in its modern form, a more generalized component (Guler & Ozer-Imer, 2019;Samuelsson, 2020;Yong et al, 2019) is recognized as adequate. In particular, the main question is why, given equal opportunities and a development context, capitalism in its current form did not arise in other regions of the world (Barro & McCleary, 2019;Friedman, 2021;Zafirovski, 2019).…”
Section: Literature Review and Theoretical Frameworkmentioning
confidence: 99%
“…From these two principal works, rationality was developed and inclusive in business education for the imparting of such skills as standardizing processes for performance analysis, evidence-based procedures that provide measurable outcomes, and goals that have specific aims for determining the calculable rate for success (Brunstein, Sambiase, & Brunnquell, 2018;Cull, Cai, Heemi, & Dokmanovic, 2018;Rozuel, 2016). Such skillsets of the rational model, rational action, are considered to be historical cornerstones of business education and the expectancies of such graduates' employability throughout western cultures (Duarte Alonso, Kok, & O'Brien, 2019;Godfrey et al, 2016;Guler, & Ozer-Imer, 2019;Krou, Acee, Pino, & Hoff, 2019;Malyuga, Krouglov, & Tomalin, 2018;Murcia, Rocha, & Birkinshaw, 2018;Rindova, & Martins, 2018;Seppälä, 2018). While Asian business, specifically in China, are adept at re-engineering processes and enhancing the effectiveness of existing goods and services (Marquis, Yin, & Yang, 2017;Ou, Zhao, & Zhou, 2018;Tian, Zhang, Yu, & Cao, 2019;Williamson, 2016), the reliance on the Guanxi cultural approach to business decision-making is a significant limitation in their capacity for innovative thought where logical processes should have a higher priority than traditional relationship decision-making (Lee, Ooi, Chong, & Sohal, 2018;Li et al, 2019;Lin, Wang, & Si, 2018;Opper, Nee, & Holm, 2017).…”
Section: Reviewmentioning
confidence: 99%
“…These are the five different types of innovation in Schumpeter. The innovative/creative actions of the entrepreneur play a crucial role in the change stemming from economic development and innovations (Schumpeter 1934, Güler Aydın andÖzer-İmer 2019).…”
Section: Introductionmentioning
confidence: 99%