The great Austrian economist Joseph Schumpeter believed that innovation was a much more powerful force for human betterment than was ordinary price competition between firms. As a young man, Schumpeter seemed to believe that monopolies deaden the incentive to innovate – especially to innovate radically.
伟大的奥地利经济学家约瑟夫·熊彼特认为，创新是比企业间常规价格竞争更能促进人类境况改善的力量。年轻时，熊彼特似乎认为垄断会阻碍创新激励，特别是彻底创新的激励。简言之，垄断者不喜欢因为使用侵蚀已有业务的创新而失去已有的垄断利润。