What does Creative Destruction mean?
The process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one.
The rise of digital streaming services is a classic example of creative destruction, displacing traditional video rental stores.
Creative Destruction in German, French, Spanish and Italian
GermanSchöpferische Zerstörung
Konzept von Schumpeter: Altes wird durch Innovation verdrängt.
FrenchDestruction créatrice
Processus de disparition d'activités productives remplacées par des innovations.
SpanishDestrucción creativa
Teoría que explica cómo la innovación constante elimina modelos de negocio obsoletos.
ItalianDistruzione creatrice
Processo di mutazione industriale che rivoluziona la struttura economica.
Synonyms and opposites for Creative Destruction
- Synonym Industrial mutation