An enjoyable piece from Paul Goble today, drawing on the analysis of Konstantin Remchukov published in NG.

Drawing on the works of Joseph Schumpeter, Remchukov points out both that entrepreneurs play a key role in societal transformations and that the economic and social progress which they promote tends to spread “as a result of the diffusion of two types of innovation”: organizational and informational technology.

In Russia, the Moscow analyst argues, the former is especially important given the size and role of the state in the economy, and change becomes an increasingly obvious necessity as daily reports about “tragedies, catastrophes, accidents, explosions and fires shows the inability of the [Russian] bureaucracy to effectively fulfill its functions.”