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 ...

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 ...

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 ...

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 ...

When drastic disruptions bring new political leaders, policymakers respond with major changes. We’re living in such a time, even if it’s not clear how much a pandemic, rampant inflation, international ...

President Donald Trump was lying when he said in the first presidential debate that New York City is “like a ghost town.” But New York must adapt to rapidly changing circumstances, or else it could go ...

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 ...

Canadian startup program Creative Destruction Lab (CDL) escapes succinct description in some ways — it’s an accelerator, to be sure, and an incubator. Startups show up and present to a combined ...