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182 <strong>Madhusudan</strong> <strong>Das</strong>:<br />

Moreover question arises regarding Mr. <strong>Das</strong>'s nature of innovation —<br />

whether it is 'Subjective innovation' 39 or 'Schumpeterian innovation'. No<br />

doubt Mr. <strong>Das</strong> was innovative but elusive and enigmatic. He was a social<br />

deviant and a pathfinder. In the thirty years bridging the nineteenth century<br />

and the twentieth century he himself did not become dynamo for<br />

industrialisation but laid the foundations for it and left a rich legacy to<br />

the successors. As A.N.Whitehead said —<br />

The behaviour of the community is largely dominated by the<br />

business mind. A great society is a society in which its men of<br />

business think greatly of their functions. Low thoughts mean<br />

low behaviour, and after a brief orgy of exploitation, low<br />

behaviour means a descending standard of life. The general<br />

greatness of the community qualitatively as well as quantitavely<br />

is the first condition for steady prosperity — byoyant. selfsustained<br />

and commanding credit... 40<br />

The last words of the epitaph on his tomb read :<br />

"I found in Him a resting place<br />

And He has made me glad".<br />

But the tributes befitting a leader in economic and social arena can as<br />

well be written in letters of gold:<br />

" To set the cause above renown.<br />

To love the game beyond the prize.<br />

To count the life of battle good.<br />

And dear the land that gave you birth.<br />

And dearer yet the brotherhood<br />

That binds the brave of all the earth"<br />

(Adapted from 'Clifton Chapel' of Captain —Francis Newbold.<br />

in "Poems New and Old".)<br />

References Cited:<br />

1. The Rhythm of History quoted by Arthur H. Cole in An<br />

approach to the study of emrepreneurship :A Tribute to Edwin<br />

F. Gay. Sec: Aidcenl Hugh. G.5,(Ed.)-Explorationsin Enterprise<br />

(Harvard University Press. I965)p.31.<br />

2. The Climate of Enterprise in The American Economic Review,<br />

Vol-XXXIX 1949 May. p.325.<br />

3. Late <strong>Madhusudan</strong> in Utkal Gaurab Souveneir. 1971. Ed. S.<br />

Mahapatra. Cuttack, p. 1.

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