| Israel M. Kirzner - 1978 - 256 pages
...Steel illustrate the same process of industrial muta56. Ibid., p. 132. 57. Ibid., p. 82. tion . . . that incessantly revolutionizes the economic structure...Destruction is the essential fact about capitalism." 6S In this process the entrepreneurial activity is that of the leaders — the innovators and trailblazers;... | |
| 1973 - 266 pages
...to such concerns as United States Steel illustrate the same process of industrial mutation — if l may use that biological term — that incessantly...destroying the old one, incessantly creating a new one." Change and growth come about when a new product or service invades an existing market. As, in that... | |
| Walter Hesselbach - 1976 - 202 pages
...organization that capitalist enterprise creates." It is a process of discontinuous industrial change "that incessantly revolutionizes the economic structure...destroying the old one, incessantly creating a new one. The process of creative destruction is the essential fact about capitalism" ( 1 64). Commonweal enterprises... | |
| Israel M. Kirzner - 1978 - 256 pages
...Steel illustrate the same process of industrial muta56. Ibid., p. 132. 57. Ibid., p. 82. tion . . . that incessantly revolutionizes the economic structure...of Creative Destruction is the essential fact about capitalism."58 In this process the entrepreneurial activity is that of the leaders — the innovators... | |
| Joseph Alois Schumpeter - 1983 - 324 pages
...Schumpeter subsequently observed, "incessantly revolutioni/es the economic structure from wit/tin, incessantly destroying the old one, incessantly creating...of Creative Destruction is the essential fact about capitalism."33 The commercial application of a new idea, often involving the acquisition and redirection... | |
| David E. McNabb - 2007 - 356 pages
...concept of creative destruction: "Capitalism is by nature a form or method of economic change"; it "incessantly revolutionizes the economic structure...of Creative Destruction is the essential fact about capitalism."18 The economic process regulated by market competition simultaneously creates and destroys.... | |
| George R. Feiwel - 1985 - 512 pages
...shop and factory to such concerns as US Steel illustrate the same process of industrial mutation - if I may use that biological term - that incessantly...incessantly destroying the old one, incessantly creating the new one. This process of Creative Destruction is the essential fact about capitalism. It is what... | |
| David W. Conklin - 1991 - 436 pages
...Schumpeter described the process of industrial mutation . . . that incessantly revolutionizes the industrial structure from within, incessantly destroying the...of creative destruction is the essential fact about capitalism.27 Landes has linked these two perspectives, noting that "economic theory has traditionally... | |
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