Giersch fused German location economics with Schumpeterian evolutionary dynamics.

Evidence

Giersch’s research focus from the second half of the 1970s onward was on structural change in the world economy. This positioned him to address supply-side conditions in general and entrepreneurial activity in particular. He merged the German tradition of marginalist locational economics of Thünen and Lösch with the dynamic evolutionary economics of Schumpeter. — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 296

Categorization

• DEFINE: Points to the intellectual synthesis (Thünen/Lösch location theory + Schumpeter) that defined Giersch’s supply-side program.
• XREF: connects to: Giersch democratized Schumpeterian creative destruction into teamwork within firms — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 305; Kirzner redefined entrepreneurship as equilibrating action, not Schumpeterian disruption — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 277; The 1970 MPS conference ended Schumpeterian pessimism about entrepreneurship — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 290 (+1 more)

Broader Connections

• Kirzner redefined entrepreneurship as equilibrating action, not Schumpeterian disruption #responds-to (0.80) — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 277
• Giersch democratized Schumpeterian creative destruction into teamwork within firms #expands (0.78) — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 305
• The 1970 MPS conference ended Schumpeterian pessimism about entrepreneurship #responds-to (0.75) — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 290