Image credit--including the history of wolves in Yellowstone.
Following up on Wolves and Creative Destruction:
The US economy has a competitive intensity problem, and [a] decline in startups is at its core. Startups are the straw that stirs the drink. They generate new innovation (and new jobs) and force incumbents to improve or die. They change everything, creating a healthier, more vibrant economy in the process.
[...]
In the US economic ecosystem, startups are wolves. And we need more of them, and the creative destruction they bring, to transform our stagnating economy.
The source.
See also Market Dynamism, Patters of Sustainable Specialization and Trade (PSST),
Comments