According to the Schumpeter's model, the innovating entrepreneurs get the necessary finance from__________.
A)Voluntary Savings
B)Own Resources
C)Bank Credit
D)Government

Question

Quizplus · Accepted Answer

According to Schumpeter's model, the innovating entrepreneurs primarily get the necessary finance from bank credit. Schumpeter emphasized the role of the banking system in providing credit to entrepreneurs to fund innovations, which in turn drives economic development and growth.

According to the Schumpeter's Model, the Innovating Entrepreneurs Get the Necessary