Sustaining Innovation: Staying Ahead


For an innovator to stay ahead, the road is fraught with constant challenges. Nothing typifies modern capitalism more than the constant churn that takes place at the top, in today’s market place. Schumpeter illustrated this process in his famous observation on the creative destruction that takes place in modern economies. As he observed in 19421.


Creative Destruction Incremental Innovation Industrial Mutation Music Player Digital Music 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. 1.
    See Schumpeter (1942).Google Scholar
  2. 2.
    See Peters and Waterman (1982).Google Scholar
  3. 4.
    See Collins and Porras (1994).Google Scholar

Copyright information

© Physica-Verlag Heidelberg 2007

Personalised recommendations