This research review charts the development of scholarly research
into the theory of creative destruction, first posited by Joseph
Schumpeter in the first half of the twentieth century. The editors
identify seminal works discussing creative destruction and its
effects at both a macro- and micro- economic level. Beginning with
key writings of Schumpeter, the papers cover research into
enterprise and innovation, the evolutionary market process, the
empirics of creative destruction, finance and the consequences of
creative destruction for growth, development and economic welfare.
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