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creative destruction |
Also found in: Financial, Wikipedia | 0.01 sec. |
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creative destruction The disruption and downfall that occurs to certain industries and people when a revolutionary new idea takes hold. Automobiles made blacksmiths obsolete. Big retail chains destroyed countless small businesses. Because of the Internet, the music, movie and publishing worlds have been seriously impacted, and many industries are expected to change dramatically in the future.How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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