Accountancy, asked by rahulkra396gmail, 7 months ago

the basic function of entrepreneur is innovation? explain

Answers

Answered by DevadharshiniD

Answer:

Innovation: Another distinguishing function of the entrepreneur, as emphasised by Schumpeter, is to make frequent inventions — invention of new products, new techniques and discovering new markets — to improve his competitive position, and to increase earnings.

Answered by srnroofing1715

Answer:

innovation: another distinguishing function of the entrepreneur as emphasised by schumpeter is to make frequent invention - invention of new productsnew techniques and discovering new markets to improve his competitive position and to increase earnings

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