the basic function of entrepreneur is innovation? explain
Answers
Answered by
0
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
2
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
Similar questions
English,
3 months ago
English,
3 months ago
Physics,
7 months ago
Business Studies,
7 months ago
English,
11 months ago
Hindi,
11 months ago
Computer Science,
11 months ago