Technicians test a high-tech power system used in space applications at a scientific company in Beijing on Feb 28. [Photo/Xinhua] At present, China is cultivating emerging industries, building future ...

Abstract: Manufacturing digitalization and automation research has expanded rapidly over the past decades. However, the current literature often presents fragmented views, lacking a comprehensive ...

Now that major geopolitical developments have forced Europeans to rethink how they will ensure their own prosperity, security, and sovereignty, policymakers must not take innovation for granted. This ...

Ahead of the Nobel Prize ceremony in Sweden, the Brown University economist discussed his research, its lessons for today, and his appreciation for Brown’s stimulating academic environment. PROVIDENCE ...

Those shaping America’s coal policy can learn something important about creative destruction, the process by which new technologies replace older ones through innovation, from the 2025 Nobel Prize ...

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Donald Trump’s destruction of the East Wing of the White House is more than just a serious renovation; it is a metaphor for his dismantling of traditional American governance and institutions. The ...

This year's Nobel Prize in Economics went to three economists who have studied "creative destruction." As contradictory as it sounds, this concept has dominated 20th century economics. Economics is ...

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Forbes contributors publish independent expert analyses and insights. I apply economic insights to improve regulations and their effects. Joseph Schumpeter is having a heyday. In 1942, he coined the ...