If Adam Smith is the patron saint of classical economics and Keynes of Keynesian economics, it is Joseph Schumpeter who is the patron saint of innovation economics, especially with his classic 1942 book Capitalism, Socialism and Democracy.
It is Joseph Schumpeter. This Joseph Schumpeter is the patron saint of innovation economics. This is especially with his classic 1942 book Capitalism. This is especially with Socialism. This is especially with Democracy. Adam Smith is the patron saint of classical economics. Adam Smith is Keynes of Keynesian economics.