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Drucker (1985) defines entrepreneurship as an act of innovation that involves
endowing existing resources with new wealth-producing capacity.
The noted Austrian economist, Joseph Schumpeter, labels the innovative
acts that endow old resources with new value "new combinations"
(Schumpeter, 1936). These new combinations achieve wealth producing capacity
when product and market are matched. Thus the two sub-questions:
1.Is
it a new combination?
2.Is
there a product-market match?
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