Mullaney Keating & Wright

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CREATIVE DESTRUCTION REDUX

Famous Austrian-American economist Joseph Schumpeter theorized decades ago that economic growth was primarily the result of entrepreneurial “creative destruction”.  Thus was born the cult of the innovator.  The concept has been repackaged/rebranded by Professor Clayton Christensen of the Harvard Business School as “disruptive innovation”.

Jill Lepore is a professor of American History at Harvard University.  Her recent article in The New Yorker, What the Theory of “Disruptive Innovation” Gets Wrong, is a very disruptive critique of the disrupt or die hypothesis.  She will not be welcome on the other side of The Charles.  Although long, her article is a worthwhile read.

TFM