Andreas Resch – författare

Distinctively tying history with theory, political economist Joseph A. Schumpeter reached far back in time to understand what drives economic development and determines its course. Historical and empirical research provided a laboratory for learning. At the same time, he reached for a long-term vision through theoretical inspection and utmost abstraction, seeking to distil a phenomenon''s essential nature and function. He believed that good theory can indicate where the economy is headed in the future. Schumpeter''s attention to history and theory also informed the plan for this book. Part I trails the historical stream of financial innovations and the scholarly struggle to assimilate them in monetary thought, while Part II focuses on Schumpeter''s own monetary theory. Its deliberate reconstruction from scattered sources reveals a strikingly original and still modern conception. Drawing from the detailed study of documents at various archives in Austria, Part III then concentrates on the business history of Schumpeter''s failed personal endeavours in banking and as a proto-venture capitalist. Finally, Part IV casts light on the legacy of Schumpeter''s monetary ideas on contemporary thought. It depicts how monetary theory initially left them behind, yet has more recently set out to return to his ideas on money, financial innovation, and growth. Overall, a surprisingly coherent picture emerges from the study of Schumpeter''s neglected monetary theory, his personal history, and his intellectual legacy on the present day.

Distinctively tying history with theory, political economist Joseph A. Schumpeter reached far back in time to understand what drives economic development and determines its course. Historical and empirical research provided a laboratory for learning. At the same time, he reached for a long-term vision through theoretical inspection and utmost abstraction, seeking to distil a phenomenon''s essential nature and function. He believed that good theory can indicate where the economy is headed in the future. Schumpeter''s attention to history and theory also informed the plan for this book. Part I trails the historical stream of financial innovations and the scholarly struggle to assimilate them in monetary thought, while Part II focuses on Schumpeter''s own monetary theory. Its deliberate reconstruction from scattered sources reveals a strikingly original and still modern conception. Drawing from the detailed study of documents at various archives in Austria, Part III then concentrates on the business history of Schumpeter''s failed personal endeavours in banking and as a proto-venture capitalist. Finally, Part IV casts light on the legacy of Schumpeter''s monetary ideas on contemporary thought. It depicts how monetary theory initially left them behind, yet has more recently set out to return to his ideas on money, financial innovation, and growth. Overall, a surprisingly coherent picture emerges from the study of Schumpeter''s neglected monetary theory, his personal history, and his intellectual legacy on the present day.

Distinctively tying history with theory, political economist Joseph A. Schumpeter reached far back in time to understand what drives economic development and determines its course. Historical and empirical research provided a laboratory for learning. At the same time, he reached for a long-term vision through theoretical inspection and utmost abstraction, seeking to distil a phenomenon's essential nature and function. He believed that good theory can indicate where the economy is headed in the future. Schumpeter's attention to history and theory also informed the plan for this book. Part I trails the historical stream of financial innovations and the scholarly struggle to assimilate them in monetary thought, while Part II focuses on Schumpeter's own monetary theory. Its deliberate reconstruction from scattered sources reveals a strikingly original and still modern conception. Drawing from the detailed study of documents at various archives in Austria, Part III then concentrates on the business history of Schumpeter's failed personal endeavours in banking and as a proto-venture capitalist. Finally, Part IV casts light on the legacy of Schumpeter's monetary ideas on contemporary thought. It depicts how monetary theory initially left them behind, yet has more recently set out to return to his ideas on money, financial innovation, and growth. Overall, a surprisingly coherent picture emerges from the study of Schumpeter's neglected monetary theory, his personal history, and his intellectual legacy on the present day.

Der seit dem 16. Jahrhundert in der deutschen Sprache gebräuchliche Krisenbegriff erstreckte sich bis ins 18. Jahrhundert ausschließlich auf den Fachbereich der Medizin. Danach wanderte er langsam in die Alltagssprache und bezeichnete Entscheidungssituationen oder Höhepunkte gefährlicher Entwicklungen, vor allem im Gesundheitsbereich (Seuchen) und in der Wirtschaft. Krisen sind in ihren jeweiligen historischen Konstellationen einzigartig und nicht wiederhol- oder vorhersehbar. Wie der Krisenbegriff dennoch erfolgreich in der Geschichtswissenschaft eingesetzt werden kann, illustriert dieser Band.

Die Unternehmung war lange in der Wirtschaftstheorie ein blinder Fleck und in der Soziologie auf ihre Organisation reduziert. Die in diesem Band vereinigten Beiträge von Mikl-Horke, Pirker und Resch gehen von der Konzeption der Unternehmung in der Neuen Institutionenökonomik aus, erörtern diese kritisch auf der Grundlage bedeutender Ansätze der Soziologie, der heterodoxen Ökonomie und der Wirtschaftsgeschichte und suchen nach interdisziplinären Anschlussmöglichkeiten. Aus diesen sozialwissenschaftlichen Perspektiven werden wichtige Aspekte der Unternehmung als historisches, soziales und institutionelles Phänomen herausgearbeitet und damit die Einseitigkeit der kostentheoretischen Sicht überwunden.

Privatbanken sind wenig bekannte und auch erforschte Firmen in der Geschichte des Bankenwesens. Mit diesem Band liegt erstmals eine umfassende Gesamtgeschichte der österreichischen Privatbanken vor, die von der Gründung der ersten Institute in der Frühen Neuzeit bis zur Rolle der Privatbanken im liberalisierten Kapitalmarkt der Gegenwart reicht. Dabei konnten neue, bisher von der Forschung kaum beachtete Quellenbestände in die Darstellung einbezogen werden. Somit dient der Band als unentbehrliche Grundlage und als Referenzwerk zum Feld des österreichischen Privatbankwesens.

Privatbanken sind wenig bekannte und auch erforschte Firmen in der Geschichte des Bankenwesens. Mit diesem Band liegt erstmals eine umfassende Gesamtgeschichte der österreichischen Privatbanken vor, die von der Gründung der ersten Institute in der Frühen Neuzeit bis zur Rolle der Privatbanken im liberalisierten Kapitalmarkt der Gegenwart reicht. Dabei konnten neue, bisher von der Forschung kaum beachtete Quellenbestände in die Darstellung einbezogen werden. Somit dient der Band als unentbehrliche Grundlage und als Referenzwerk zum Feld des österreichischen Privatbankwesens.

In a corporations financial life going public by means of an IPO is probably the single most important decision. It turns a private company into a public one. Our book will provide an inside view of the IPO process. On the one hand, it draws on the insights of an experienced investment banker, who has gone through numerous IPO transactions. On the other hand, it relates the story of an actual IPO through the eyes of a Chief Executive Officer who has taken two of his companies public. This unique double perspective is our books defining feature. We do not discuss initial public offerings in a textbook style fashion. What we would like to bring out is a more comprehensive portrayal of a once-in-a-lifetime event for most companies and their management, alike.