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The Schumpeter bits are about how a business's ability to extract market value from innovation changes over time. Then the author says there are two kinds of st
by troelsSteegin 5y ago
The Schumpeter bits are about how a business's ability to extract market value from innovation changes over time. Then the author says there are two kinds of startups. The first kind is job replacement. He says the problem is then that there is no nomenclature for the second kind, which is the one that creates more jobs and which is an object of policy incentives. Unfortunately, the author does not leave us with any nomenclature, either - maybe I missed it. Left hanging.
- credit_guy 5y agoThe Unicorn-ish startup.