In this episode, we dive into "The Economics of Creative Destruction" with Ufuk Akcigit. We talk about what creative destruction is, how this notion evolved over time, the dynamics between firms and political institutions, developing economies, and more! Email us at [email protected] OR X it out here: @POID_cast Hosts: Ruveyda Gozen (@ruveyda_gozen) & John Van Reenen (@johnvanreenen) 2:30 What is creative destruction, and how did this notion evolve over time? 20:30 Defensive Innovation through Political Connections and Patent Thickets or Innovation Pushing the Frontier? 25:00 Superstar Firms, Market Power, and Innovation 37:30 Diffusion of Innovation and Barriers in Developing Economies 41:30 Frontier Research and Potential Research Questions on Innovation 50:30 Green Innovation 54:00 Robert Lucas 58:14 Ups and Downs, Successes and Failures