Describe business need that forms basis of entrepreneurial

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The economist Joseph Schumpeter famously characterized the entrepreneur as "a person who carries out new combinations, which may take the form of new products, processes, markets, organizational forms, or sources of supply." According to Schumpeter's view, old and new knowledge are brought together in a synthesis that forms the basis for a new business. First, briefly describe the business need that forms the basis of your entrepreneurial pitch, and outline how your proposed venture will answer this need and be sustainable?

Reference no: EM132826805

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