Schumpeter's gale
The principle of creative destructionThe principle of creative destruction; the obsolescence of existing products due to the introduction of new products.
Meaning
1 sensesThe principle of creative destruction; the obsolescence of existing products due to the introduction of new products.
Origin
From Joseph Schumpeter's Capitalism, Socialism and Democracy.From Joseph Schumpeter's Capitalism, Socialism and Democracy.
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Word family
1 related wordsRelatedinnovator's dilemma