Economic theory of entrepreneurship meaning
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Schumpeter's concept is a synthesis of three different notions of the entrepreneurship : risk bearer, innovator and a coordinator. ... Innovation is a chaotic, unpredictable economic process, which cannot be modeled using the equilibrium based analytic methods used in mainstream economic theory .
Schumpeter's concept is a synthesis of three different notions of the entrepreneurship : risk bearer, innovator and a coordinator. ... Innovation is a chaotic, unpredictable economic process, which cannot be modeled using the equilibrium based analytic methods used in mainstream economic theory .
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