SCHUMPETER'S CONCEPT OF CREATIVE DESTRUCTION AND THE DEVELOPMENT OF ENTERPRISES IN THE REGION

Creative destruction is an inevitable process which occurs in any economy. J.A. Schumpeter is the author of creative destruction concept, and by this term he meant a long – term evolutionary process which is a form or method of economic change. Creative destruction can be seen in terms of microecono...

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Bibliographic Details
Published in:Ekonomia i prawo 2012-12, Vol.11 (4), p.215-225
Main Author: Stępnicka, Nina
Format: Article
Language:eng ; pol
Subjects:
Economy
Micro-Economics
Online Access:Get full text
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Summary:Creative destruction is an inevitable process which occurs in any economy. J.A. Schumpeter is the author of creative destruction concept, and by this term he meant a long – term evolutionary process which is a form or method of economic change. Creative destruction can be seen in terms of microeconomic, mesoeconomic and macroeconomic. In terms of regions and changes that occur within them, the mesoeconomic level is of utmost importance within which the process of creating new companies and businesses, or adjustment to market change.
ISSN:1898-2255
2392-1625
DOI:10.12775/EiP.2012.043