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Topic: Creative destruction

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	McKinsey & Company - Creative Destruction - Why Companies That Are Built to Last Underperform the Market – ...
		Creative Destruction offers a radical new proposition: The most exceptional, enduring corporations cannot continue to beat the capital markets indefinitely.
		In order to continue to maintain excellence and remain competitive, they must adopt the dynamic strategies of discontinuity and creative destruction.
		Foster and Kaplan, drawing on research they've conducted at McKinsey and Company on more than 1,000 companies in 15 industries, show that even the best-run and most widely admired companies are unable to sustain market-beating levels of performance for more than 10 to 15 years.
	www.mckinsey.com /ideas/books/creativedestruction/index.asp (368 words)

	Creative destruction - Wikipedia, the free encyclopedia
		Creative destruction, introduced in 1942 by the economist Joseph Schumpeter, describes the process of industrial transformation that accompanies radical innovation.
		Creative destruction is a powerful economic concept because it can explain many of the dynamics of industrial change: the transition from a competitive to a monopolistic market, and back again.
		In 1992, the idea of "creative destruction" was put into formal mathematical terms by Philippe Aghion and Peter Howitt in their paper "A Model of Growth through Creative Destruction," published in Econometrica.
	en.wikipedia.org /wiki/Creative_destruction (814 words)

	Creative destruction definition by The Linux Information Project
		Creative destruction has long characterized the economies of the U.S. and other industrialized countries, and there are countless examples of entire manufacturing industries that have been greatly reduced in size or virtually wiped by it.
		Creative destruction has likewise often been largely ignored in economics education at the university level in favor of emphasis on both the classical model of price competition and macroeconomics.
		The very central role of creative destruction in economic growth and the often serious economic and social disruptions that it engenders strongly suggest that it should be taken into consideration when formulating public policy with regard to the economy and society.
	www.bellevuelinux.org /creative_destruction.html (3396 words)

	Asia Times Online :: Middle East News - The new creative destruction
		Call it the new creative destruction; and the "new" Middle East it is creating will be very different than the one dreamed of by Bush administration planners and their allies in Israel.
		The idea of "creative destruction" first was popularized by Austrian economist Rudolph Schumpeter more than half a century ago to describe how capitalism simultaneously destroys existing social systems and profits from the economic and social systems that take their place.
		That is, he understands that creative destruction must create a viable system that gives people a stake in their future if the process is to be completed.
	www.atimes.com /atimes/Middle_East/HH22Ak01.html (774 words)

	Asia Times - Asia's most trusted news source
		His economic policies embodied "creative destruction", the chaotic emergence of new firms and methods to challenge the old.
		Creative destruction transformed the landscape of the American economy.
		The process of creative destruction had broken down the marrow of the Soviet system and its collapse could not be postponed, to the chagrin of the "realists" who advised Reagan's successor, the father of the sitting president.
	www.atimes.com /atimes/Front_Page/FF08Aa01.html (1395 words)

	Article: Creative Destruction
		His team is full of smart and creative people, but whenever they meet to review the project, their fear of change is palpable.
		Creative Destruction—the systematic "letting go" of the familiar while simultaneously creating something new—is a crucial tool that organizations need to embrace if they are to thrive in a changing world.
		This is the first step in Creative Destruction, and the hardest—and it requires brutal honesty with oneself.
	www.thunderboltthinking.com /creativedest.htm (345 words)

	motivational-speaker-creative-destruction (Site not responding. Last check: 2007-10-09)
		Many of us are waiting for a ‘change agent’, a creative destructive force that will make our lives, in the end, better.
		Unfortunately, the majority of people wait all their lives for such a creative force of change that never shows up.
		Creative destruction for you is a commitment to stop, evaluate and redirect your energies toward your aspirations regardless of the unintended consequences.
	www.hispanicsuccess.com /motivational-speaker-creative-destruction.htm (1050 words)

	Hispanic-Speaker-Destruction
		Many of us are waiting for a ‘change agent’, a creative destructive force that will make our lives, in the end, better.
		I don’t need to tell you that you can’t wait for a creative destructive force to make you do what needs to be done.
		Creative destruction for you is a commitment to stop, evaluate and redirect your energies toward your aspirations regardless of the unintended consequences.
	www.thelogicofsuccess.com /hispanic-speaker-destruction.htm (1014 words)

	RealMoney.com: Creative's Destruction
		Shares of Creative Technology (CREAF - commentary - Cramer's Take) have declined about 26% since I wrote about it last August and it's now trading at a seemingly dirt-cheap valuation of 0.3 times sales.
		Creative's margins have been obliterated by its massive push into MP3 players, where it, along with many others, has been unable to make headway against Apple's (AAPL - commentary - Cramer's Take) iPod.
		In the fiscal year ended June 2004, Creative's gross margins were a very strong 35.5%, but they dropped to 13.9% over the last 12 months.
	www.thestreet.com /p/_mktwrm/rmoney/gamesandgadgets/10296976.html (536 words)

	Self-Reliance and Creative Destruction
		During Schumpeter's lifetime, the automobile industry was an obvious example of the creative power of capitalism; if he were alive today, he would surely point out the personal computer market as a superb illustration of his perspective.
		The value of creativity is a vital link between personal and economic individualism.
		As Schumpeter explained, economic progress is largely the consequence of the process of "creative destruction." Moral progress toward the ideal of individualism, however, is what makes this process possible.
	www.gmu.edu /departments/economics/bcaplan/davis2.htm (1774 words)

	Reason Magazine - Really Creative Destruction
		In his recent and important book Creative Destruction: How Globalization Is Changing the World's Cultures (Princeton University Press), economist Tyler Cowen argues that something very different -- and much more heartening -- is going on.
		He takes his cue from Joseph Schumpeter, who famously described the "perennial gale of creative destruction" at the very heart of market orders.
		Instead, we have very creative regions or polities, but they tend to be like India, Brazil, or the United States: They're large and complex and varied, but no single part of it lives much in isolation.
	www.reason.com /news/show/28863.html (3190 words)

	Creative Destruction - Tyler Cowen
		Now, in Creative Destruction, he considers How Globalization Is Changing the World's Cultures, again applying economic ideas and models to the question.
		One would have thought that creative writing (fiction, poetry) would have made an interesting case-study -- among other reasons because translation adapts the original in a way almost unique among art-forms (music, painting, even sub-titled film remain far truer to the original).
		Creative Destruction does provide a very good overview of the issues raised and the various consequences of globalization on culture, but doesn't go nearly as much in depth as one would wish -- almost each bit leaves the reader with additional questions and raises additional issues.
	www.complete-review.com /reviews/cowent/created.htm (1169 words)

	The CEO Refresher - Creative Destruction
		In a book that is sure to shake the business world to its foundations, Creative Destruction, like Re-Engineering the Corporation before it, offers a new paradigm that will change the way we think about business.
		Creative Destruction will reverberate in corporate boardrooms for some time to come, changing the basic premises of corporate success.
		"Creative Destruction is a sharp stick in the eye for corporate conventional wisdom and orthodoxy.
	www.refresher.com /!creativedestruction.html (1399 words)

	The Problem with Dancing on Graves \| Gongol.com
		On the whole, creative destruction is a healthy, organic process that helps to put resources to their most efficient and pragmatic use.
		Unfortunately, the case of creative destruction can reveal in market-friendly thinkers the same false image of the firm as a nameless, faceless institution that the socialist world so often embraces.
		Rather than taking abstract delight in the failure of firms that somehow missed the mark, market enthusiasts should adopt a sober view of the process and seek ways in which creative destruction can be contained within firms, rather than causing their outright collapse.
	gongol.com /research/economics/dancingongraves (1015 words)

	Innovation Is Creative Destruction
		Contrary: The term Creative Destruction was indeed coined by JosephSchumpeter.
		Schumpeter's point was that creative destruction was the driving force of change in a capitalist society.
		The actual items may not be destructed, but the frame, the situation, the scheme, the environment, the gestalt, the sense of place: are destroyed.
	c2.com /cgi/wiki?InnovationIsCreativeDestruction (577 words)

	Flirting with Fascism
		Creative destruction is our middle name, both within our own society and abroad.
		This is not the first time Ledeen has written eloquently on his love for “the democratic revolution” and “creative destruction.” In 1996, he gave an extended account of his theory of revolution in his book, Freedom Betrayed — the title, one assumes, is a deliberate reference to Trotsky’s Revolution Betrayed.
		As Ledeen shows, the Italian fascists expressed their desire “to tear down the old order” (his words from 2002) in terms that are curiously anticipatory of a famous statement in 2003 by the Defense Secretary, Donald Rumsfeld.
	www.amconmag.com /06_30_03/feature.html (979 words)

	Creative Destruction: Creative Destruction: Firms look outside for ideas (Site not responding. Last check: 2007-10-09)
		The Creative Destruction process, as poineered by Joseph Schumpeter, recognised the contribution of technical innovation to the growth of an economy.
		Creativity in the pursuit of a single goal
		Creative Destruction: Greatest innovation of the last 40 years?
	www.creative-destruction.co.uk /2006/05/creative-destruction-firms-look.html (168 words)

	Knowledge Products : The Strategic Coach online store : books, audios, software, serials.
		The advisors with the most successful Unique Processes wil be able — if they choose — to relinquish their licenses and escape from regulation.
		The 25-year blueprint: creative destruction as a paradigm shift.
		A 25-year process and structure for entrepreneurially-minded financial advisors to escape permanently from bureaucracy and competition.
	private.strategiccoach.com /store/all (329 words)

	Cowen, T.: Creative Destruction: How Globalization Is Changing the World's Cultures.
		Creative Destruction brings not stale suppositions but an economist's eye to bear on an age-old question: Are market exchange and aesthetic quality friends or foes?
		Through an array of colorful examples from the areas where globalization's critics have been most vocal, Cowen asks what happens when cultures collide through trade, whether technology destroys native arts, why (and whether) Hollywood movies rule the world, whether "globalized" culture is dumbing down societies everywhere, and if national cultures matter at all.
		Cowen's point, argued neatly in Creative Destruction, is that the invasion works both ways.
	press.princeton.edu /titles/7347.html (621 words)

	Book Review -- Creative Destruction: How Globalization Is Changing the World's Culture
		It is for this reason that Cowen employs the phase “creative destruction,” made famous by the Austrian economist Joseph Schumpeter.
		But out of this “destruction” of the status quo arises the “creative” that transforms the social and economic structures into forms and shapes that then become the new status quo — until the next wave of innovation and change sets the process into motion once again.
		This is what has made the modern world, with its standard of living, its comforts and amenities, and its cultural life and possibilities.
	www.fff.org /freedom/fd0302f.asp (1733 words)

	Wired 10.03: The Father of Creative Destruction
		Schumpeter argued that capitalism exists in the state of ferment he dubbed "creative destruction," with spurts of innovation destroying established enterprises and yielding new ones.
		In a paper presented at a recent Fed retreat, former treasury secretary Lawrence Summers and his ex-deputy Bradford DeLong observed that "the economy of the future is likely to be 'Schumpeterian,'" with creative destruction the norm and innovation the main driver of wealth.
		Yet creative destruction is only half of Schumpeter's message.
	www.wired.com /wired/archive/10.03/schumpeter.html (582 words)

	Amazon.com: Creative Destruction: How Globalization Is Changing the World's Cultures: Books: Tyler Cowen (Site not responding. Last check: 2007-10-09)
		Tyler Cowen's "Creative Destruction" is the result - a book that ignores global corporatism and the roles that states and their creations - i.e.
		On creativity: Cowen isn't writing a philosophical treatise on creativity, so if he ignores the "external influences" on it, that's not a just criticism.
		But it's surprising that someone could read this book and miss the point: Cowen is arguing that the creativity of others is an external influence on an individual's creativity, so the value of global exchange is that our creativity is stimulated by contact with other country's cultural goods.
	www.amazon.com /Creative-Destruction-Globalization-Changing-Cultures/dp/0691090165 (3104 words)

	The Politics of 'Creative Destruction' - by Chris Moore
		Our enemies have always hated this whirlwind of energy and creativity, which menaces their traditions (whatever they may be) and shames them for their inability to keep pace.
		The 'thesis' — our America of limited government, a thriving free market, and a virtuous, free people, respectful of others in the world — must also be negated, destroyed, just as the Soviet Union was, so that history can move forward — and inexorably upward.
		The "second reality" Manion mentions is a historical reference to the delusional fantasy often created by ideologues that their destructive ambitions actually have transcendental qualities.
	www.antiwar.com /orig/cmoore.php?articleid=6649 (1907 words)

	Creative Destruction
		"Creative destruction" is the name given by the economists Joseph Schumpeter and David Ricardo to the process whereby companies pursuing their changing comparative advantage destroy the old and grow the new.
		Definitely not the kind of company that the Sage would buy, and that's probably a good summary of one of the reasons that Corning is within a stone's throw of its five-year high and the Sage's company at a 25 month low.
		Subsequent installments will provide a systematic study of the performance of companies manifesting various syndromes of creative destruction.
	www.dailyspeculations.com /vic/creative_destruction.html (284 words)

	NewsForge \| 'Creative destruction' and the future of the software industry
		It is called the process of creative destruction.
		Quote from “The Process of Creative Destruction” by Joseph A. Schumpeter, 1942
		Unlike the dot com boom, this expansion will be real, with well understood economics at work creating value -- and shifting the rules of the software market in favor of the consumer.
	software.newsforge.com /software/04/07/20/2053223.shtml (3369 words)

	ASIDE Innovation Blog
		The general prescription is to increase the rate of creative destruction to the level of the market itself, without losing control of present operations.
		Let those who run a business determine the best mix of controls for their business (they know the system best), and shift the burden of integration to the corporate level rather than designing uniform systems that have to be implemented, throughout a corporation, independent of the business.
		When such changes are implemented, the focus of the corporation will shift from minimizing risk, and thereby inadvertently stifling creativity, to facilitating creativity-and that is what is needed to strengthen long-term performance.
	asideconsulting.blogspot.com /2005/02/creative-destruction.html (1302 words)

	IRAQ IS THE 'FLYTRAP'- by Justin Raimondo
		To those Americans who see that there was no connection between Saddam Hussein and Al Qaeda, no weapons of mass destruction, no imminent danger, the war is a mystery.
		ichael Ledeen called this strategy "creative destruction," in his book, The Terror Masters, and his bold espousal of a profoundly evil idea is perhaps the chief characteristic of that infamous faction known as the
		This is a typical neocon tactic: accuse your enemies of crimes you yourself have committed, even in the act of accusing them.
	www.antiwar.com /justin/?articleid=981 (1765 words)

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