Schumpeter's gale

English dictionary entry

Meanings

name
  1. The principle of creative destruction; the obsolescence of existing products due to the introduction of new products.

Word forms

Schumpeter's gale

Etymology

From Joseph Schumpeter's Capitalism, Socialism and Democracy.

Related words

This entry uses open data from Wiktionary (CC BY-SA/GFDL). Word forms are used for search and are not indexed as separate pages.