Think like an architect of economic change
Master Schumpeter's creative destruction framework — from Kondratiev waves to platform winner-take-most dynamics — and apply rigorous evolutionary economics to the industries, incumbents, and policy debates reshaping the 21st-century economy.

"My goal is simple: when you leave this school, 'creative destruction' will be a precise analytical instrument in your hands — not a phrase you borrow, but a framework you wield."
— Val (Valdas) Samonis

What you'll learn
What you'll be able to do
- Articulate the full Schumpeterian growth paradigm — from long waves to entrepreneurial profit — with academic precision
- Identify and map creative destruction cycles across contemporary industries such as energy, finance, and AI
- Apply evolutionary economics models to diagnose where a sector sits in its disruption arc
- Analyse incumbent firm strategies and predict their vulnerability or resilience under innovation shocks
- Build a structured competitive-strategy memo grounded in Schumpeterian theory for a real or hypothetical market
- Critically evaluate modern growth and innovation policy through the lens of 21st-century neo-Schumpeterian economics
How it works
A school that adapts to you
This isn't a set of static videos. Every lesson is generated live and tuned to where you actually are.
We learn your level
A quick placement check tailors your starting point so you're never bored or lost.
Lessons adapt as you go
Each lesson is written for your pace and your goal, adjusting as your skills grow.
Your AI coach keeps you moving
Checkpoints, feedback, and gentle nudges turn progress into a real result.
The curriculum
What's inside your school
6 modules · 26 lessons

Schumpeter's Vision: The Theoretical Foundations
Builds rigorous command of Schumpeter's original framework — entrepreneurship, innovation typology, profit theory, and long-wave dynamics — as the intellectual bedrock for everything that follows.
- 1.1The Entrepreneur as Economic EngineIncluded
- 1.2Five Types of Innovation: A TaxonomyIncluded
- 1.3Entrepreneurial Profit, Rents, and the Transience of AdvantageIncluded
- 1.4Kondratiev Waves and Technological Long CyclesIncluded
- 1.5Schumpeter Mark I vs. Mark II: From Heroic Inventor to Corporate R&DIncluded
Creative Destruction as a Dynamic Process
Moves from static definitions to the mechanics of how creative destruction unfolds — its phases, selection pressures, and systemic effects on industries and economies.
- 2.1The Gale of Creative Destruction: Mechanism and TempoIncluded
- 2.2Industry Life Cycles and the Disruption ArcIncluded
- 2.3Selection, Exit, and the Role of FailureIncluded
- 2.4Cluster Dynamics and Geographic Hotbeds of InnovationIncluded
Neo-Schumpeterian Economics: Modern Extensions
Surveys the post-Schumpeter scholarly tradition — evolutionary economics, endogenous growth theory, and innovation-systems research — that operationalizes his insights for 21st-century analysis.
- 3.1Evolutionary Economics: Nelson, Winter, and RoutinesIncluded
- 3.2Endogenous Growth Theory and Innovation as an Economic VariableIncluded
- 3.3National and Sectoral Innovation SystemsIncluded
- 3.4General Purpose Technologies and Economy-Wide TransformationIncluded
Creative Destruction in 21st-Century Industries
Applies the Schumpeterian framework to live case studies in energy, finance, and AI, training students to map real disruption cycles with analytical precision.
- 4.1Energy Transition as a Schumpeterian EventIncluded
- 4.2Fintech and the Unbundling of Financial ServicesIncluded
- 4.3Artificial Intelligence as a General Purpose TechnologyIncluded
- 4.4Platform Ecosystems and Winner-Take-Most DynamicsIncluded
- 4.5Healthcare and Biotech: Slow Burns and Sudden CascadesIncluded
Incumbent Strategy Under Innovation Shocks
Equips students to diagnose incumbent vulnerability, model firm-level strategic responses, and predict which adaptation postures confer resilience versus accelerate decline.
- 5.1Mapping Incumbent Vulnerability: Assets, Routines, and InertiaIncluded
- 5.2Architectural vs. Radical Innovation: Why Big Firms StruggleIncluded
- 5.3Strategic Responses: Acquire, Partner, or Self-DisruptIncluded
- 5.4Predicting Resilience: Dynamic Capabilities and AmbidexterityIncluded
Innovation Policy and the Competitive-Strategy Memo
Integrates all prior modules into critical policy evaluation and a rigorous, theory-grounded strategy deliverable students can immediately apply to real markets.
- 6.1Innovation Policy Through a Schumpeterian LensIncluded
- 6.2Antitrust, Market Power, and the Schumpeterian DefenseIncluded
- 6.3Industrial Policy, Missions, and Directing Creative DestructionIncluded
- 6.4Building the Schumpeterian Strategy MemoIncluded
Who it's for
Is this you?
Ambitious economists
Whether in academia or a think tank, you want a command of the full Schumpeterian and neo-Schumpeterian tradition — theoretical rigor, modern extensions, and real-world application all in one place.
Strategy consultants
You advise firms facing competitive shocks and need a structured analytical framework — not buzzwords — to diagnose incumbent vulnerability and build defensible strategic recommendations.
MBA students
You are building the intellectual toolkit that will differentiate you in competitive strategy, corporate development, or VC — and you want the theoretical depth that MBA electives rarely provide.
Innovation policy analysts
You work at the intersection of markets and government and need a rigorous Schumpeterian lens to evaluate antitrust, industrial policy, and mission-oriented public investment with precision.
Innovation leaders
You lead R&D, corporate ventures, or transformation programs and want the evolutionary economics vocabulary to articulate — and act on — the disruption dynamics your organization faces.
Venture & investment professionals
You back or analyze companies riding technological long waves and want the frameworks — industry life cycles, GPT dynamics, winner-take-most logic — to sharpen your thesis-building process.
Questions
Frequently asked
Your teacher
A note from your teacher
Val (Valdas) Samonis
If you have spent time in strategy, economics, or policy, you have almost certainly sat through a presentation where someone invoked 'creative destruction' and meant little more than 'change is happening fast.' I understand the frustration. Schumpeter's framework is one of the most powerful analytical engines in the history of economic thought — and it is routinely reduced to a rhetorical garnish.
I developed this school exists because serious analysts deserve better. When I designed the curriculum for Creative Destruction Lab, I started from a simple premise: you cannot apply a framework you only half understand. That means we begin where Schumpeter actually began — with the entrepreneur as the source of economic dynamics, with a precise taxonomy of innovation types, with the concept of entrepreneurial profit and its deliberate transience, and with the long-wave cycles that Kondratiev mapped and Schumpeter theorized. We do not skip to the interesting industry cases until the theoretical architecture is sound.
From there, the curriculum extends into the modern neo-Schumpeterian tradition — Nelson and Winter's evolutionary economics, endogenous growth theory, national and sectoral innovation systems, and the general purpose technology framework that helps explain why AI is not just another product cycle. These extensions matter because the world Schumpeter analyzed in the 1930s and 1940s is not the world you are operating in. The framework has evolved; your command of it should too.
The industry modules — covering energy transition, fintech, AI, platform ecosystems, and biotech — are not illustrative anecdotes. They are analytical exercises. The question in each case is the same: where does this sector sit in the disruption arc, who is vulnerable and why, and what does the historical pattern of technological long cycles tell us about what comes next? The incumbent strategy unit then equips you to answer those questions from the inside: mapping assets, routines, and inertia; diagnosing the difference between architectural and radical innovation shocks; and evaluating the real strategic options a firm faces when disruption arrives.
What I want you to leave with is not a set of talking points. It is a mode of analysis — one that is rigorous enough to hold up in a boardroom, a policy committee room, or a peer-reviewed seminar. The Schumpeterian Strategy Memo at the end of the school is designed precisely for that: to force you to synthesize everything into a structured, defensible argument about a real market. If that kind of intellectual demand sounds right to you, I think you will find this school exactly what you have been looking for.
— Val (Valdas) Samonis
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- 6 modules, 26 lessons
- AI-adaptive lessons tuned to your level
- Quizzes & checkpoints to lock in progress
- Your own AI learning coach
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