Ray Perryman is the head of The Perryman Group and serves as a distinguished professor at the International Institute for Advanced Studies. Each year, the Royal Swedish Academy of Sciences awards the ...

Philippe Aghion is a Professor at the College de France and at INSEAD, and a visiting professor at the London School of Economics and a fellow of the Econometric Society and of the American Academy of ...

When he was a high schooler working part-time for a wool merchant in Ontario, Canada, Peter Howitt was enthralled by watching the prices of wool rise and fall on a small teletype machine. His ...

Creative destruction has the innate ability to impact the future of your business. Of the many things that can bring about the end of a business, few can be more lethal than stagnation — not changing ...

The Nobel Prize in economics was awarded to a trio of researchers Monday for their work on how cycles of technological innovation feed economic growth. Joel Mokyr of Northwestern University, Peter ...

When the Nobel Prize went last week to three economists who championed the theory of creative destruction, new attention was paid to the idea that when new and better business practices sweep the ...