Add Yahoo as a preferred source to see more of our stories on Google. French economist Philippe Aghion in Paris, after winning the Nobel prize in economics, 13 October 2025. (© Thibault Camus/AP) ...

he 2025 Nobel Prize in Economic Sciences has been awarded to Joel Mokyr, Philippe Aghion and Peter Howitt for their pioneering work explaining how innovation fuels long-term economic growth. Their ...

Ray Perryman is the head of The Perryman Group and serves as a distinguished professor at the International Institute for Advanced Studies. Each year, the Royal Swedish Academy of Sciences awards the ...

Schumpeter had the vision about entrepreneurs as an agent of change who will destroy the equilibrium Creative destruction refers to the incessant product and process innovation mechanism by which new ...

Creative destruction has the innate ability to impact the future of your business. Of the many things that can bring about the end of a business, few can be more lethal than stagnation — not changing ...

French economist Philippe Aghion in Paris, after winning the Nobel prize in economics, 13 October 2025. French economist Philippe Aghion has won the 2025 Nobel Prize in Economics along with Joel Mokyr ...