“Creative destruction” is the term used by economist Joseph Scumpeter to describe competition in terms of the way new technologies, markets and institutions replace older ones.
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Bill,
Don’t know if you read Horace Dediu’s blog (asymco.com). He’s written extensively on the disruptive nature of new technologies in the Mobile Space. I recall him referring to this term on a number of occasions.
Gavin
I originally got the term ‘creative destruction’ from an article in the Economist many years ago – it always struck a chord.
For some reason I get a mental image of Pete Townsend sticking his guitar through an amplifier :-)