According to William Baumol under oligopolistic competition among large, high tech business firms. innovation has ?

Related Mcqs:

Which of the following is an example of a Schumpeterian innovation ?

A. An existing internet provider provides competition to two other providers in Dayton Ohlio B. The production and marketing of the Model T Ford in the 19-teens C. The invention of the Stanley steamer D. An American buying a stock in the Philippines stock market...

Joseph Schumpeter is the exceptional economist who links the entrepreneur to ?

A. oligopolistic capitalism B. resource management C. innovation D. land and labor...

The entrepreneur can be viewed as the ?

I- coordinator of other production resources II- decision maker under uncertainty III- innovator IV- gap filler and input completer 1. I and II only 2. II and III only 3. I, II and only 4. I, II, III and IV...

The Protestant Ethic and the Spirit of Capitalism was written by ?

A. Adam Smith B. Max Weber C. Joseph Schumpeter D. William Baumol...

According to Weber’s thesis ?

A. Protestants disapproved of accumulating wealth B. Protestants failed to restrict extravagance and conspicuous consumption C. Roman Catholicism expressed its asceticism in a secular vocation D. capitalism was most advanced in Protestant countries...