Situations emerge in the process of creative destruction in which many firms may have to perish that nevertheless would be able to live on vigorously and usefully if they could weather a particular storm.

Another quote →

More quotes by Joseph Schumpeter

All Joseph Schumpeter quotes →

Attribution

Quote text and notes from Wikiquote: Joseph Schumpeter (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.