David Joseph Hoppock is a freelance and healthcare technology specialist. He has 3+ years of experience writing about personal finance. David Kindness is a Certified Public Accountant (CPA) and an ...
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 ...
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 ...
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 ...
Proteins have been around a lot longer than we have—as building blocks of biological evolution, our existence depends on them. And now, researchers at the Georgia Institute of Technology are applying ...
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 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 ...
The Dispatch is a digital media company featuring conservative, fact-based news and commentary. What is the defining characteristic of capitalism? Some say profit. Others, private ownership. Still ...
When products disappear from the market with no substitutes from the same manufacturer, they may have been replaced by cheaper or better products from a different manufacturer.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 ...
Ray Perryman is the head of The Perryman Group and serves as a distinguished professor at the International Institute for Advanced Studies. Each year, the Royal Swedish Academy of Sciences awards the ...