In the 1930s, economist Joseph Schumpeter identified all of the following categories of innovation that are still relevant today EXCEPT

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Schumpeter's theory of innovation identified several types of innovation including the introduction of a new product or a qualitative change in an existing product, the opening of a new market, the discovery of a new source of supply of raw materials or half-manufactured goods, the creation of a new form of organization of any industry, and the carrying out of the new process. Creative research methods, while important for innovation, were not specifically categorized as a type of innovation by Schumpeter.

In the 1930s, Economist Joseph Schumpeter Identified All of the Following