# Prof. Richard Sylla on the evolution of businesses

1 Faculty News January 28, 2013 ![Entrepreneur logo](/sites/default/files/styles/246w/public/assets/images/con_033740.jpg?itok=QGgEe5Xk)>

Excerpt from [Entrepreneur.com](http://www.entrepreneur.com/article/225604) -- "'Capitalism is creative destruction,' says [Sylla](http://www.stern.nyu.edu/faculty/bio/richard-sylla). 'Old models get outmoded, and new models come in and take over.'"

[Read more](http://www.entrepreneur.com/article/225604)