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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