In the 2024 season of the Conversations on Transformation series, recorded at the STEG Annual Conference in Abu-Dhabi NYU, Tim Phillips talks to some of the speakers about the challenges and opportunities of structural transformation, growth, and economic development.
Creative destruction is the process by which failing businesses are replaced by new, more entrepreneurial firms. In the fifth episode, Tim talks to Shoumitro Chatterjee about the effect on business and on the economy at large if those firms find it hard to go out of business.
