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Schumpeter on Kodak, Blackberry, Walkman and Apple

Written by Ashwin Rattan Monday, 02 April 2012 09:09
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In a great blog post on Forbes, Adam Thierer discusses the role of Schumpeter's creative destruction as applied to modern tech industries.

Joseph Schumpeter (1883-1950) is an economist closely associated with the ''Austrian'' school of economic thought, whose work focuses on the evolutionary processes involved in innovation and entrepreneurship.

To read the full article, click here

Why these processes are less evident in the world of banking is explored in Carol Realini's forthcoming BankRUPT

 

Last modified on Wednesday, 04 April 2012 12:19

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