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Winning and Losing in Reinvention Race : keeps unfolding: --making America’s innovation bucket leaky, creating prosperity out of reinvention, and turning invention successes transitory
THE WAVES
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      • AI & Data Analytics
      • IoT & Wearable
      • Blockchain
      • Computing
      • Sensors & Perception
      • 3D Printing
      • Energy Tech
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      • Gadgets
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    • Automation
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      • R&D facility
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Disruptive technologies

1 post
Creative destruction propels capitalism
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  • Disruptive Innovation
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  • Schumpeter's creative destruction

Disruptive Technologies Drive Creative Destruction

Schumpeter's creative destruction is at the core of capitalism for offering us successive better products at lower cost. But which power creative destruction? It's disruptive technology. And not all technologies are disruptive ones. How to spot and leverage them often cause decision making challenge, which subsequently cause destruction to incumbents.

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