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The twentieth century has been a period of rapid change in terms of production and consumption, work, and employment. Much of this change has been driven by developments in technology or the application of new technologies to existing production systems and ways of ordering and organizing work. In characterizing such change, Schumpeter popularized the term innovation. In viewing innovation as the main engine of economic growth, Schumpeter was interested in the idea of the entrepreneur as innovator, not simply in terms of an agent for the introduction of new inventions but more broadly as an organizational innovator introducing new systems of work, new products, and new forms of production.
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