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| #2791350 in eBooks | 2014-06-30 | 2014-05-21 | File type: PDF|||"It is no coincidence that Dan Spulber has written this book on the economic contributions of the innovative entrepreneur's initiative and creativity, as it has been Spulber's own initiative and creativity that has been largely responsible for developing an ec
Innovative entrepreneurs are the prime movers of the economy. The innovative entrepreneur helps to overcome two types of institutional friction. First, existing firms may not innovate efficiently due to incumbent inertia resulting from adjustment costs, diversification costs, the replacement effect, and imperfect adjustment of expectations. The innovative entrepreneur compensates for incumbent inertia by embodying innovations in new firms that compete with incumbents. Se...
You easily download any file type for your device.The Innovative Entrepreneur | Daniel F. Spulber. A good, fresh read, highly recommended.
