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Nobel Prize in Economics 2025: Innovation, Creative Destruction & the Path Forward
On October 13, 2025 , the Royal Swedish Academy of Sciences awarded the 2025 Nobel Memorial Prize in Economic Sciences to Joel Mokyr , Philippe Aghion , and Peter Howitt for their pioneering work on how innovation propels economic growth - especially through the concept of creative destruction . But, what exactly did the laureates discover, why do their ideas matter and what lessons can the Lean Pivot community draw? 1. The Laureates & Their Contributions Joel Mokyr Mokyr,
Gerry Murtagh
Oct 13, 20253 min read
Are You Ignoring the Signals?
Why great companies fail when they stop listening to the signals of change. Nokia missed the smartphone. Kodak invented the digital...
Gerry Murtagh
Oct 11, 20251 min read
Don't Be the next Blockbuster
When Staying the Course Becomes the Biggest Risk In 2000, Netflix’s co-founders, Reed Hastings and Marc Randolph walked into...
Gerry Murtagh
Oct 11, 20251 min read
The Fake Door
Test your product idea without writing a single line of code What I learned from a button that led nowhere... I had a fascinating...
Gerry Murtagh
Oct 11, 20251 min read
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