Strictly speaking, Schumpeter did not see ____ as innovation even if they generated economic growth.
A)commercialized improvements
B)radical improvements
C)incremental improvements
D)patented improvements
E)None of these choices

Question

Quizplus · Accepted Answer

Schumpeter distinguished between different types of improvements, emphasizing radical or disruptive changes as true innovations. Incremental improvements, which are small and continuous enhancements, did not align with his concept of innovation, even if they contributed to economic growth.

Strictly Speaking, Schumpeter Did Not See ____ as Innovation Even