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 ...
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 ...
STOCKHOLM -- Three researchers who probed the process of business innovation won the Nobel memorial prize in economics Monday for explaining how new products and inventions promote economic growth and ...
Schumpeter had the vision about entrepreneurs as an agent of change who will destroy the equilibrium Creative destruction refers to the incessant product and process innovation mechanism by which new ...
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 ...