←back to thread

57 points guardianbob | 1 comments | | HN request time: 0.495s | source
Show context
dfc ◴[] No.44372402[source]
Was there an expectation that economic busts drove innovation? Am I naive to think booms not busts would be the engine for innovation?
replies(6): >>44372417 #>>44372438 #>>44372440 #>>44372562 #>>44372573 #>>44373214 #
1. bryanlarsen ◴[] No.44372562[source]
The narrative I've heard is that it's all about the people. During booms, the smart people are employed and treated well, so stay stuck in the corporate grind. Then their employer goes bankrupt and start their own company.