Q:
Entrepreneurship as a theory of business was propounded by
Answer & Explanation
Answer: B) Joseph A. Schumpeter
Explanation: Entrepreneurship as a theory of business was propounded by Joseph. A. Schumpeter.
Schumpeter’s Innovation Theory of Profit :
Definition: The Innovation Theory of Profit was proposed by Joseph. A. Schumpeter, who believed that an entrepreneur can earn economic profits by introducing successful innovations.
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