Schumpeter Study guides, Class notes & Summaries
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Economists Exam Questions with Verified Answers
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Joseph Schumpeter - Answer-"Capitalism, Socialism and Democracy", capitalism as a method of evolution, Theory of Economic Development 
 
Walter Williams - Answer-"Race and Economics", "The State Against Blacks", for free market economics and against government intervention, laissez-faire capitalism, government minority programs have been more harmful than helpful to minorities 
 
Adam Smith - Answer-the invisible hand theory, specialization of certain tasks to each person in a corporation ...
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Entrepreneurship-and-InnovationManagement-214-Complete LATEST UPDATES 2023 A GRADE.
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Entrepreneurship-and-InnovationManagement-214-Complete LATEST UPDATES 
2023 A GRADE. 
 
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Entrepreneurship & 
Innovation 
Management 214 
Chapter 1: The Nature and Development of Entrepreneurship 
Entrepreneurs are the core and essence of any economy. Economic de...
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Entrepreneurship-and-InnovationManagement-214-Complete LATEST UPDATES 2023 A GRADE
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Entrepreneurship & 
Innovation 
Management 214 
Chapter 1: The Nature and Development of Entrepreneurship 
Entrepreneurs are the core and essence of any economy. Economic development 
can be directly attributed to the level of entrepreneurial activity, and entrepreneurial 
business ensure growth in the economy. 
Examples of some successful South African entrepreneurs include Ernest 
Oppenheimer, Pam Golding, Elon Musk and Sol Kerzner. 
Most entrepreneurial activity takes place in small, medium a...
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Entrepreneurship-and-InnovationManagement-214-Complete LATEST UPDATES 2023 A GRADE
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Entrepreneurship-and-InnovationManagement-214-Complete LATEST UPDATES 
2023 A GRADE. 
 
lOMoARcPSD| 
Sold on {site_name}. This summary has been sold to {first_name} {last_name} with email {email}. 
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Downloaded by Dirike van Niekerk () 
Entrepreneurship & 
Innovation 
Management 214 
Chapter 1: The Nature and Development of Entrepreneurship 
Entrepreneurs are the core and essence of any economy. Econ...
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Entrepreneurship-and-InnovationManagement-214-Complete LATEST UPDATES 2023 A GRADE
- Exam (elaborations) • 163 pages • 2024
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Entrepreneurship-and-InnovationManagement-214-Complete LATEST UPDATES 
2023 A GRADE. 
 
lOMoARcPSD| 
Sold on {site_name}. This summary has been sold to {first_name} {last_name} with email {email}. 
Any resale/distribution strictly prohibited. Report unauthorized use to for a 
reward. 
1 
Downloaded by Dirike van Niekerk () 
Entrepreneurship & 
Innovation 
Management 214 
Chapter 1: The Nature and Development of Entrepreneurship 
Entrepreneurs are the core and essence of any economy. Econ...
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The Great Economists Exam Guide Latest Update
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Mercantilists - Answer-Those who believe in the benefits of profitable trade or commercialism. Originates from economic theory that trade generates wealth and it is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism 
 
Colbert - Answer-Advocated strong government intervention in the economy, saved France from depression by balancing trade 
 
Physiocrats - Answer-developed in the 18th century by French enlightenment economists who ...
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Entrepreneurship and Innovation Management 214 Complete Numbered 1.
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Chapter 1: The Nature and Development of Entrepreneurship 
Entrepreneurs are the core and essence of any economy. Economic development 
can be directly attributed to the level of entrepreneurial activity, and entrepreneurial 
business ensure growth in the economy. 
Examples of some successful South African entrepreneurs include Ernest 
Oppenheimer, Pam Golding, Elon Musk and Sol Kerzner. 
Most entrepreneurial activity takes place in small, medium and micro enterprises 
(SMME’s), which for...
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International Strategic Planning
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International Strategic Planning - -The process through which a firm considers its long term profitable growth options ... and believes that international market(s) development is an important part of this ... maybe even the only part 
 
-important concepts - -1.Schumpeter's Theory of 'Creative Destruction' 
2.The International Business "failure rate" = 
3.Planning is simple but most firms do it badly 
4.Concept of 'outside-in' v's 'inside-out' thinking 
5.'Polaris Consulting' conce...
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NETW 583/ NETW583 Final Exam MCQs Test Bank_ Fall 2021/2022.
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(TCO A) The relationship between speed of innovation and product obsolescence is direct (as innovation speed increases, products become obsolete more quickly). inverse (as innovation speed increases, products become obsolete more slowly). indirect (there is an effect, but it cannot be directly determined). nonexistent (there is no relationship at all). (TCO A) While rapid innovation often benefits society, it often makes success for companies more complicated as they strive to keep up with the l...
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World of Business Competition Module Reading Notes
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Reading Notes from the Competition module of World of Business at CU Boulder. Authors included are Vance, Cox and Alm, Schumpeter, Economist Blog, Hall, Kendrick, Nosko, Zetlin, Washington Post, Powles, Vox, Smith, etc. I took the class Fall 2021 with Prof. MK.