Revolutionizing the Game: Exploring The Impact of New Business Formations
Former JPMorgan Chase Global Chief Economist & Ph.D. in Economics
Joseph Schumpeter was renowned for his "creative destruction” theory depicting the constant competition between traditional and innovative business technologies. These forces permitted the corporate structure to progress and survive by reinventing itself and by making room for other firms to come in and disrupt the status quo. The S&P 500 yearly chang…
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