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Organization

Technical advance involves ?

Technical advance involves ?

A. the development of pure science, invention innovation financing the innovation and the innovation’s acceptance
B. introducing new products modifying production functions creating credit and making profits
C. innovation investment credit creation and economies growth
D. patent management resource gains mature innovation and speculative gains

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And Innovation, Economics Mcqs, Entrepreneurship, Organization

Which of the following is not an assumption of Schumpeter’s stationary state ?

Which of the following is not an assumption of Schumpeter’s stationary state ?

A. Perfect competition
B. An economy below full employment
C. No savings or technical change
D. No entrepreneurial function is required

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And Innovation, Economics Mcqs, Entrepreneurship, Organization