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Schumpeter’s Creative Destruction: The Challenges for Garage Innovators

Schumpeter’s Creative Destruction: The Challenges for Garage Innovators

  • Post author:Dr. Christine Blaas
  • Post published:February 1, 2025
  • Post category:Technology

Joseph Schumpeter's concept of "creative destruction" describes the process by which new innovations disrupt and replace outdated industries and economic structures. This relentless cycle of innovation is essential for economic…

Continue Reading Schumpeter’s Creative Destruction: The Challenges for Garage Innovators
The Cynefin Framework in Real Estate: A Deeper Exploration

The Cynefin Framework in Real Estate: A Deeper Exploration

  • Post author:Dr. Christine Blaas
  • Post published:February 1, 2025
  • Post category:Complexity

The Cynefin framework, developed by Dave Snowden in 1999, is a decision-making model that helps leaders and managers understand the complexity of different situations and determine the appropriate responses. The…

Continue Reading The Cynefin Framework in Real Estate: A Deeper Exploration

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    • Real estate development is a complex, collective process.

      Graaskamp and Jarchow (1991, 228)

    • I don’t know why finance gets to be a department in a university, but real estate doesn’t. That is just a historical accident. Real estate is a big sector of the economy.

      Harry M. Markowitz in Reinbach (1993, 61)

    • Closely linked to the heterogeneity of real estate is its high complexity. Due to the long development process and the long life cycle of buildings respectively the infinite life cycle of land.

      Brueggeman and Fisher (2005, 293)

    • Real estate portrays a complex organism of vital economic activity connected through a rich interlacing of resource allocation channels.

      Diaz (1993, 188)

    • One main reason for the difficulty of defining real estate is the complexity of the object.

      Breuer and Nadler (2012, 7)

    • Real estate development is a complex process that involves the co-ordination of finance, materials labor and expertise by many actors across a wide range of sectors.

      Myers (2011, 66)

    • Developers tend to be driven, innovative people who work with an extensive team of professionals to compete a complex and dynamic process.

      Miles et al. (200, 51)

    • Development is a very risky and complex business, which is why more people don’t do it.

      Brown (2015, 10)

    • Real estate development is a complex, collective process.

      Graaskamp and Jarchow (1991, 228)

    • I don’t know why finance gets to be a department in a university, but real estate doesn’t. That is just a historical accident. Real estate is a big sector of the economy.

      Harry M. Markowitz in Reinbach (1993, 61)

    • Closely linked to the heterogeneity of real estate is its high complexity. Due to the long development process and the long life cycle of buildings respectively the infinite life cycle of land.

      Brueggeman and Fisher (2005, 293)

    • Real estate portrays a complex organism of vital economic activity connected through a rich interlacing of resource allocation channels.

      Diaz (1993, 188)

    • One main reason for the difficulty of defining real estate is the complexity of the object.

      Breuer and Nadler (2012, 7)

    • Real estate development is a complex process that involves the co-ordination of finance, materials labor and expertise by many actors across a wide range of sectors.

      Myers (2011, 66)

    • Developers tend to be driven, innovative people who work with an extensive team of professionals to compete a complex and dynamic process.

      Miles et al. (200, 51)

    • Development is a very risky and complex business, which is why more people don’t do it.

      Brown (2015, 10)

    • Real estate development is a complex, collective process.

      Graaskamp and Jarchow (1991, 228)

    • I don’t know why finance gets to be a department in a university, but real estate doesn’t. That is just a historical accident. Real estate is a big sector of the economy.

      Harry M. Markowitz in Reinbach (1993, 61)

    • Closely linked to the heterogeneity of real estate is its high complexity. Due to the long development process and the long life cycle of buildings respectively the infinite life cycle of land.

      Brueggeman and Fisher (2005, 293)

    • Real estate portrays a complex organism of vital economic activity connected through a rich interlacing of resource allocation channels.

      Diaz (1993, 188)

    • One main reason for the difficulty of defining real estate is the complexity of the object.

      Breuer and Nadler (2012, 7)

    • Real estate development is a complex process that involves the co-ordination of finance, materials labor and expertise by many actors across a wide range of sectors.

      Myers (2011, 66)

    • Developers tend to be driven, innovative people who work with an extensive team of professionals to compete a complex and dynamic process.

      Miles et al. (200, 51)

    • Development is a very risky and complex business, which is why more people don’t do it.

      Brown (2015, 10)