Encyclosphere.org ENCYCLOREADER
  supported by EncyclosphereKSF

Creative destruction

From Citizendium - Reading time: 1 min

Creative destruction [r]: The process by which technological innovation makes existing assets and skills redundant and releases resources for more productive employment (argued by Joseph Schumpeter to be an essential feature of economic growth). [e]

This article contains just a definition and optionally other subpages (such as a list of related articles), but no metadata. Create the metadata page if you want to expand this into a full article.

Licensed under CC BY-SA 3.0 | Source: https://citizendium.org/wiki/Creative_destruction
3 views | Status: cached on July 10 2023 15:51:11
↧ Download this article as ZWI file
Encyclosphere.org EncycloReader is supported by the EncyclosphereKSF