The Inevitable Cycle of Corporate Evolution: Why Market Leaders Are Always Temporary
The Economic Law That Dooms Every Market Leader Recent economic research from Nobel laureates reveals a fundamental truth about corporate…
Tag: Peter Howitt
Nobel Economics Prize Honors Research on Technology, Innovation and Economic Growth
Three distinguished economists have been awarded the 2025 Nobel Prize in Economics for their transformative work on how scientific innovation and market competition drive economic growth. Their research provides crucial insights into the mechanisms of technological progress and creative destruction that shape modern economies. The 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to three pioneering researchers whose work fundamentally explains how technological innovation and scientific advancement drive sustained economic growth. The award recognizes decades of research that has transformed our understanding of the relationship between knowledge creation, market competition, and economic development.