Sunday, March 22, 2009

The Genius of Schumpeter - Part III

Behind every idea in every firm, the man says, is an entrepreneur.

He might not be in charge of the firm, and he might not be the head honcho. But he's the man with the plan.

And it is this "entrepreneurial class" as he calls it, that runs the economy.

In other words, entrepreneurs keep the economic engine running - with their ideas.

What's your idea?

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