The theory of innovation cycles was developed by economist Joseph Schumpeter who coined the term 'creative destruction' in 1942. Schumpeter examined the role of innovation in relation to long-wave business cycles.
pull down to refresh
related posts
pull down to refresh
The theory of innovation cycles was developed by economist Joseph Schumpeter who coined the term 'creative destruction' in 1942. Schumpeter examined the role of innovation in relation to long-wave business cycles.
This was a good read
“creative destruction”
For those who didn't get it.
“creative destruction” is a concept in economics that describes a process in which new innovations replace and make obsolete older innovations.