Q:
      
      
         
            
Entrepreneurship as a theory of business was propounded by
         
       
      
      
      
          
      
      
          Answer & Explanation
         Answer: B) Joseph A. Schumpeter         
         
Explanation: Entrepreneurship as a theory of business was propounded by Joseph. A. Schumpeter.
 
Schumpeter’s Innovation Theory of Profit :
Definition:  The Innovation Theory of Profit was proposed by Joseph. A. Schumpeter, who believed that an entrepreneur can earn economic profits by introducing successful innovations.
       
      
      
      
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