Question

What is entrepreneurship? Explain the perspective of Schumpeter on entrepreneurship.

Answer 1

Hello friend ..

The answer of u r question is..

Entrepreneurship:
The activity of setting up a business or businesses taking an financial risks in the hope of profit..

Hope it's helps..

Thank you...

Answer 2

An entrepreneur is an individual who creates a new business, Entrepreneurs play a key role in any economy, using the skills and initiative necessary to anticipate needs and bring good new ideas to market. Entrepreneurs who prove to be successful in taking on the risks of a startup are rewarded with profits, fame, and continued growth opportunities

Schumpeter Theory on Brief:

“Schumpeter emphasized the role of the innovator-be-, the innovator, the developer, the promoter, the person who initiatives and recognizes technical improvements and who succeeds in getting them introduced”