Joseph Schumpeter’s concept of creative destruction describes the “process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one.” This dynamic process is driven by innovation and is considered the essential fact about capitalism, where new products, processes, and organizational forms displace existing ones, driving long-term growth. A तेज़ अनुयायी is one way to survive this process, by copying and improving the innovations of others instead of leading them.
