Economics Dictionary of ArgumentsHome
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| Creative Destruction - Economics Dictionary of Arguments | |||
| Creative destruction: Creative destruction, coined by Joseph Schumpeter, describes the process where innovation leads to the destruction of old economic structures and the creation of new ones. Essentially, new technologies and business models replace outdated ones, driving economic progress. See also Disruption, Technical progress, Innovation._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Kirzner, Israel | Creative Destruction | Kirzner, Israel | |
| Schumpeter, Joseph A. | Creative Destruction | Schumpeter, Joseph A. | |
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Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Ed. Martin Schulz, access date 2025-07-20 | |||
