Question: answer fully with sources! answer Asap 1: The COVID-19 pandemic may be a significant agent of Creative Destruction (Schumpeter's theory of economic innovation and business

answer fully with sources!
answer fully with sources! answer Asap 1: The COVID-19 pandemic may be
a significant "agent" of "Creative Destruction" (Schumpeter's theory of economic innovation and
answer Asap
business cycles - with innovation enhancing the destruction of the old order
and the creation of a new, better one). This is thought by

1: The COVID-19 pandemic may be a significant "agent" of "Creative Destruction" (Schumpeter's theory of economic innovation and business cycles - with innovation enhancing the destruction of the old order and the creation of a new, better one). This is thought by many to be necessary to 'open the way' for new markets, technologies, products/services, innovations, business models, etc. Do you think that this is the case, and what roles might innovation and entrepreneurship play in creative destruction and the global recovery from the COVID-19 pandemic? 2: Resources, particularly financial resources, are crucial for innovation and entrepreneurship. Considering the extreme stresses on the global economy and financial systems due to the COVID-19 pandemic (e.g. economic GDP - losses, high debt loads -- for consumers, businesses and governments), what roles to you think that capital availability, interest rates and investment risks will play in the global recovery from the COVID-19 pandemic. Due to the heavy governmental deficit spending, do you think that businesses may be "crowded out" of financial markets? 1: The COVID-19 pandemic may be a significant "agent" of "Creative Destruction" (Schumpeter's theory of economic innovation and business cycles - with innovation enhancing the destruction of the old order and the creation of a new, better one). This is thought by many to be necessary to 'open the way' for new markets, technologies, products/services, innovations, business models, etc. Do you think that this is the case, and what roles might innovation and entrepreneurship play in creative destruction and the global recovery from the COVID-19 pandemic? 2: Resources, particularly financial resources, are crucial for innovation and entrepreneurship. Considering the extreme stresses on the global economy and financial systems due to the COVID-19 pandemic (e.g. economic GDP - losses, high debt loads -- for consumers, businesses and governments), what roles to you think that capital availability, interest rates and investment risks will play in the global recovery from the COVID-19 pandemic. Due to the heavy governmental deficit spending, do you think that businesses may be "crowded out" of financial markets

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!