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    Creative destruction and creative accumulation

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    Compare and contrast the regimes of creative destruction and creative accumulation. Explain why examining the innovation regime is important for entrepreneurs when determining whether or not to enter an industry. (One or Two Paragraphs)

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    Running Head: CREATIVE DESTRUCTION & CREATIVE ACCUMULATION

    Creative Destruction & Creative Accumulation

    Creative Destruction & Creative Accumulation
    Creative destruction is an economic concept that was principally introduced by the Joseph Schumpeter who was an economist of Austrian School. Creative destruction represents a progression of shift that postulates drastic innovation. It can be understood with the examples of creative ...

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    The solution examines creative destruction and creative accumulation.

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