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HHP's Adaptus Imaging Technology Delivers Performance and Versatility
This innovation fuels economic growth,
enables new and exciting applications and gives
consumers increasingly better product choices.
The natural evolution of technology and its effect on
economics was termed "creative destruction" in 1942 by
the economist Joseph Schumpeter. In his landmark
paper, Capitalism, Socialism and Democracy,
Schumpeter explained, "The interaction of technical
innovation with the competitive marketplace is the
fundamental driving force in capitalist industrial
progress."
In other words, it is necessary to leave older
technology behind in favor of bright innovations that
fuel economic growth.
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