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Delayed creative destruction and the coexistence of technologies

โœ Scribed by Anil Nair; David Ahlstrom

Book ID
113706461
Publisher
Elsevier Science
Year
2003
Tongue
English
Weight
148 KB
Volume
20
Category
Article
ISSN
0923-4748

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alf a century ago, the economist Joseph H Schumpeter described how capitalism/ entrepreneurialism "incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one," a process he called "creative destruction." Public policy, technology