Author Question: In the book The Theory of Economic Development, ________ argued that entrepreneurs develop new ... (Read 53 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
In the book The Theory of Economic Development, ________ argued that entrepreneurs develop new products and technologies that, over time, make current products and technologies obsolete. This process is called creative destruction.
 
  A) Malcolm Gladwell
  B) Seth Godin
  C) Joseph Schumpeter
  D) Thomas Friedman
  E) Jim Collins

Question 2

The fact that companies often falter because the people who start the firms can't adjust quickly enough to their new roles and because the firm lacks a track record with outside buyers and sellers, is referred to as the ________.
 
  A) liability of preparedness
  B) liability of newness
  C) burden of novelty
  D) burden of freshness
  E) millstone of innovation



lkoler

  • Sr. Member
  • ****
  • Posts: 358
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

For a complete list of videos, visit our video library