Q: Entrepreneurship as a theory of business was propounded by
- 1Thomas A. Colemanfalse
- 2Joseph A. Schumpetertrue
- 3Adam Smithfalse
- 4Douglas McGregorfalse
- Show Answer
Answer : 2. "Joseph A. Schumpeter"
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.