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Chris Albrecht and John Penney
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Prof. Schumpeter Comes to Hollywood

Posted February 19, 2009 | 15:32:58 (EST)

Dr. Joseph Schumpeter, the insightful mid 20th Century Harvard Economics and Political Science Professor, will never be the subject of a Hollywood-style biopic. But his ideas on innovation and the rise and fall of industries form the basis for the script the media business finds itself following today.

Put plainly,...

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