Thursday, May 16, 2013
Creative Destruction from outside the sector
Joseph Schumpeter's Creative Destruction comes from the outside of the sector most of the time. Vacuum tubes versus transistors; newspapers and print media versus digital content providers; etc.
Here is one in the making, which may up end a part of the medical sector: non-invasive surgery. And it is not a medical doctor but a physicist who has come up with the breakthrough. Enjoy!
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