McCraw Identifies Schumpeter’s “Signature Legacy”

McCraw is correct in identifying Schumpeter’s “signature legacy”:

(p. 495) Schumpeter’s signature legacy is his insight that innovation in the form of creative destruction is the driving force not only of capitalism but of material progress in general.

Source:
McCraw, Thomas K. Prophet of Innovation: Joseph Schumpeter and Creative Destruction. Cambridge, Mass.: Belknap Press, 2007.
(Note: italics in original.)

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