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Creative Destruction in Industries

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NBER2006-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w12520
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Most industries go through a "shakeout" phase during which the number of producers in the industry declines. Industry output generally continues to rise, however, which implies a reallocation of capacity from exiting firms to incumbents and new entrants. Thus shakeouts seem to be classic creative
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2006-09-01
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