Entrepreneurship and Creative Destruction
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Date
2020
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Sumy State University
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Abstract
The study deals with reasons for the inefficient operation of the business sector in the economy through the analysis of the relationship between disruptive innovation and creative destruction. The research is carried out in the following logical sequence: the first stage presents William Baumol’s hypothesis about why entrepreneurship makes some societies richer and some poorer.
Keywords
творче руйнування, творческое разрушение, creative destruction, підприємець, предприниматель, entrepreneur, інновації, инновация, innovation, прогрес, прогресс, progress, інтегратор ресурсів, интегратор ресурсов, resource integrator, значення пропозиції, ценностное предложение, value proposition
Citation
Cathleen, J., Lusch, R., Schmidtz, D. (2020). Entrepreneurship and Creative Destruction. Business Ethics and Leadership, 4(2), 102-108. https://doi.org/10.21272/bel.4(2).102-108.2020