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 ...

I was talking to a peer the other day who had recently left a job, moved across the country, and started a new career. Well-acquainted with Austrian economists, she used the phrase “creative ...

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 ...

Just how creative is Schumpeterian creative destruction? Does innovation and technological disruption just create new corporate winners or losers, or does the overall economy benefit? Coauthored by ...

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 ...

Economist Joseph Schumpeter called creative destruction—the process by which the economy grows via innovation that disrupts incumbent businesses—the “essential fact about capitalism.” But though there ...

When products disappear from the market with no substitutes from the same manufacturer, they may have been replaced by cheaper or better products from a different manufacturer.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 ...