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Creative Destruction by Kristopher Charles is a document available to read on EtoBox.
The paper examines the concept of creative destruction, originally proposed by Schumpeter, and argues that the destructive aspects of innovation may have become more significant in recent times, particularly with advancements in technology. It suggests that recent innovations often create close substitutes for existing products, leading to greater depreciation of value and a decline in the net benefits to national net product (NNP) and welfare. The author calls for empirical research to better understand th
- Author
- Kristopher Charles
- Language
- EN