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Identified innovation as a characteristic of entrepreneur for the first time in 1934.
TTT 11
Answers
Explanation:
Schumpeter
Size of the Firm and the Schumpeterian Entrepreneur
Two visions of the relationship between the size of the firm and innovation are attributed to Schumpeter. The first, called “Schumpeter Mark I,” is developed in The Theory of Economic Development.
Answer:
Innovation means to find new ideas and new thoughts which is very important for any organisation.
Explanation:
Innovation means to find new ideas and new thoughts which is very important for any organisation.
1) Firstly entrepreneur was introduced by Joseph
schumpeter .
2) He is one of the main knowledge producers .
3) He made new concepts and and ideas on the entrepreneur.
4) he influence the people's thought on the other areas of the management.
5) Entrepreneur is very useful in every time .
6) Entrepreneur helps in shifting resources which are economic which is in lower area to the higher productivity area.
7) It provide so many opportunities to all the people to show their talent .
8) It is the special collections of skills .
9) They preserve with the business plans which is very important also.
10 Innovation means to find new ideas and thoughts which is good for the organisation and also for the society .
11) Innovation is very important also which helps to reach goals of the society.
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