Posts Tagged ‘Schumpeter’

  • 15822_5.4a_000002321349XSmall

    Netflix and Buggy Whips

    Aug 14, 10 • 119 Views • Businesses, Economic Thinkers, Innovation, Tech1 Comment

    After reading this NY Times article about Netflix, you might begin to think about buggy whips. I know it sounds distant but here is the connection. Entrepreneurs make an existing product or process obsolete. Netflix and Blockbuster. Amazon and Barnes &...