According to joseph schumpeter major source of economic growth is
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Joseph Alois Schumpeter (1883 - 1950) was an economist and is regarded as one of the 20th century's greatest intellectuals. He is best known for his theories on business cycles and capitalist development and for introducing the concept of entrepreneurship.
KEY TAKEAWAYS
He is best known for his 1942 book Capitalism, Socialism, and Democracy, the theory of creative destruction and for offering the first German and English references to methodological individualism in economics.
Schumpeter’s work was initially overshadowed by the contrasting theories of his contemporary, John Maynard Keynes.
Understanding Joseph Schumpeter
Schumpeter was born in Austria in 1883, learning economics from the progenitors of the Austrian school tradition, including Friedrich von Wieser and Eugen von Bohm-Bawerk. Schumpeter served as minister of finance in the Austrian government, the president of a private bank, and a professor, before being forced to leave his home country, due to the rise of the Nazis.
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Answer:
The experiments of the foundation of chemical sciences by establishing two important laws of chemical combination was done by Joseph Proust .