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Question

_______ believes that the concept of innovation, described as the use of an invention to create a new commercial product or service, is the key force in creating new demand and thus, new wealth.

A
Dr. Marshall
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B
John Schumpeter
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C
Joseph Schumpeter
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D
Peter Drucker
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Solution

The correct option is C Joseph Schumpeter
Joseph Schumpeter believes that the concept of innovation, described as the use of an invention to create a new commercial product or service, is the key force in creating new demand and thus, new wealth.
The answer is C.

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