Industry 4.0, Schumpeter’s “creative destruction” and COVID-19
Creative destruction is an economic concept developed by Joseph Schumpeter in the middle of the 20th century. In his book “Capitalism, socialism and democracy”, Schumpeter describes this phenomenon as “process of industrial mutation that continuously revolutionises the economic structure from within, incessantly destroying the old one, incessantly creating a new…
Pawel Morisson de la Bassetière2023-04-07
