entrepreneurship is ensured by
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Joseph Schumpeter
Explanation:
- In the 20th century, the understanding of entrepreneurship owes much to the work of economist joseph schumpeter within the 1930s and other Austrian economists like Carl Menger, Ludwig von Mises and Friedrich von Hayek.
- Joseph Alois Schumpeter (1883-1950) was an Austrian-trained economist, economic historian, and capitalist.
- He is considered one among the 20th century's greatest intellectuals. Schumpeter is best known for his theories on business cycles and capitalist development and for introducing the concept of entrepreneurship.
- Entrepreneurship is credited for technological invention .
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