Profits as a reward to innovation is a concept most associated with

Name: Profits as a reward to innovation is a concept most associated with
Brand: Quizplus
Rating: 4.9 (36 reviews)

Question

Quizplus · Accepted Answer

Joseph Schumpeter is most closely associated with the concept of profits as a reward for innovation. Schumpeter believed that innovation and entrepreneurship were the driving forces behind economic growth and that profits were a necessary incentive for individuals to engage in these activities.

Profits as a Reward to Innovation Is a Concept Most