These are entrepreneurs who are to follow the path shown by innovative entrepreneur

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Who are to follow the path shown by innovative entrepreneur?
Who is known as innovative entrepreneurs?
Which of the following not a function of an entrepreneur?
Who defines entrepreneur as an innovator and developer of new technology?

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Who are to follow the path shown by innovative entrepreneur?

2. Imitating entrepreneurs: These entrepreneurs are people who follow the path shown by innovative entrepreneurs. They imitate innovative entrepreneurs because the environment in which they operate is such that it does not permit them to have creative and innovative ideas on their own.

Who is known as innovative entrepreneurs?

Innovative entrepreneurs are individuals who have the capability of creating and bringing innovative products to the market. Innovative entrepreneurship can help professionals develop ideas to successfully manage businesses. Understanding this concept can help you become a successful entrepreneur.

Which of the following not a function of an entrepreneur?

While an entrepreneur needs to be innovative while planning and deciding upon business activities as to fulfill the public demand but it is not his duty to innovate new technology or products. Thus innovation is not a function to be performed rather an essential characteristic of a successful entrepreneur.

Who defines entrepreneur as an innovator and developer of new technology?

Joseph A. Schumpeter {1934) characterized entrepreneur as an innovator of a new combination in the field of production Later on Robinson (1962) and Hagen (1962) have described entrepreneurs as a person who lakes a small venture to the edge of success by his efforts, innovation and motivation.