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 ...

It is one of the defining strategic questions of the new economy: How do you build a company that excels over the long term, but that is also capable of reacting quickly to massive shifts in ...

I was talking to a peer the other day who had recently left a job, moved across the country, and started a new career. Well-acquainted with Austrian economists, she used the phrase “creative ...

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 ...

(MoneyWatch) Historically, small-cap stocks have outperformed large-cap stocks, and value stocks have outperformed growth stocks. These size and value premia weren't well explained by the capital ...

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 ...

IBM Corp. (NYSE: IBM) is celebrating its 109th year. That’s an astonishing achievement for any company, let alone one in the dynamic technology sector. “Big Blue” is a remarkable exception in a world ...

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 ...

Commentary: Netflix CEO Reed Hastings had it all figured out. He wasn’t going to be caught up in the innovator’s dilemma and planned to navigate the transition from DVDs to streaming better than ...

When products disappear from the market with no substitutes from the same manufacturer, they may have been replaced by cheaper or better products from a different manufacturer. Official measurements ...