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Q: Entrepreneurship as a theory of business was propounded by

  • 1
    Thomas A. Coleman
  • 2
    Joseph A. Schumpeter
  • 3
    Adam Smith
  • 4
    Douglas McGregor
  • Show Answer
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Answer : 2. "Joseph A. Schumpeter"
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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