Creative destruction has the innate ability to impact the future of your business. Of the many things that can bring about the end of a business, few can be more lethal than stagnation — not changing ...

As many as one-third of all U.S. public companies could disappear in the next five years. Just look at what’s going on in today’s energy sector. The concept of “creative destruction,” introduced in ...

Creative destruction and its once cool cousin "disruption" seem to be on the outs lately. While CEOs still yell "let's break shit" at bewildered staffers, those who don't regularly attend TechCrunch ...

People who don’t much like modern capitalism, American-style, can take comfort in the pessimism of Joseph Schumpeter. In his 1942 book, Capitalism, Socialism, and Democracy, the Austrian economist ...

The oil price collapse has caught many shale players with high debt and negative cash flow, leading to a cycle of Schumpeterian creative destruction in the energy industry. Rig count in the US has ...

The National Center for Education Statistics reports that 99 postsecondary schools shut down this past academic year, roughly two per week. What the great economist Joseph Schumpeter called “creative ...

Joseph Schumpeter famously described the fundamental, pro-progress mechanism of market capitalism as “creative destruction” or “industrial mutation — if I may use that biological term — that ...