Abstract

Creative destruction was first introduced by Schumpeter in 1942 in his book "Capitalism, Socialism and Democracy." Creative destruction describes a process in which new innovations replace existing ones, rendering them obsolete. Schumpeter characterized creative destruction as innovation in the production process that increases productivity, defining it as "an industrial leap process that continuously transforms the economic structure from within, relentlessly destroying the old structure and creating a new one." Given the importance of the creative destruction process in the economic development of the business ecosystem, this article examines the factors influencing creative destruction in economic enterprises based on qualitative content analysis. The research findings indicate that the main factors affecting the creative destruction process in an economic enterprise include: the degree of alignment of the enterprise with technology, investment in research and development, the number of competitors, government support, the size of the enterprise, and the entry and exit of competing enterprises from the market.