The Economics of Creative Destruction

Vijay Kumar () and R. P. Sundarraj
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Vijay Kumar: PES University
R. P. Sundarraj: Indian Institute of Technology Madras

Chapter Chapter 6 in Global Innovation and Economic Value, 2018, pp 257-306 from Springer

Abstract: Abstract This chapter is an empirical study, which uses the theoretical framework on innovation patterns developed by Joseph Schumpeter to examine whether creative destruction was a better value creator compared to creative accumulation. The study is carried out based on the data in the tech industry during the turbulent two-decade period after the dotcom bust.

Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:spr:isbchp:978-81-322-3760-0_6

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DOI: 10.1007/978-81-322-3760-0_6

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