Innovation is as much about destruction — whether wreaking it or embracing it — as it is about invention.
Another great example of this is the movie business, which seems appropriate since this week's all about the Oscars.
Since 2002, the year movie ticket sales peaked, box office receipts have been trailing off every year anywhere from 3 percent to 5 percent. And older movie goers in particular — or anyone not a teenager — are much more inclined to stay home on a Friday night than spend a bunch of money to watch a mediocre movie in a dirty movie theater.
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