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BrothersJudd Blog (2) 
3 years ago

Rediscovering Schumpeter: The Power of Capitalism: Q&A with: Thomas McCraw (Sean Silverthorne, 5/07/07, HBS Working Knowledge)
Q: Schumpeter introduced the term “creative destruction” and championed the role of the entrepreneur in both start-ups and in established companies. What can business leaders take away from his development of these ideas?

A: The main takeaway is the absolute relentlessness of creative destruction and entrepreneurship. In a free economy,...

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