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Word: schumpterã (lookup in dictionary) (lookup stats)
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...leader needs to understand the process of creative destruction,” said Ferguson, evoking Joseph Schumpter??s principle of creative destruction, which notes that long term economic growth comes from the destruction of the value of established companies through market innovation and fluctuation. “HBS, more than any other institution, has sought to illuminate, elucidate, and, above all, communicate this principle...

Author: By Prateek Kumar, CRIMSON STAFF WRITER | Title: Harvard Business School Marks 100 Year Anniversary | 10/13/2008 | See Source »

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