Question

Innovation is a characteristic most strongly associated with which of the

following groups?
A Government planners
O
O
B. Monopolists
O
C. Economic experts
O
D. Entrepreneurs
SUBMIT
​

Answer 1

Entrepreneurs

Step-by-step explanation:

Entrepreneurs see an opportunity where others don't. They are able to spot gaps in the market. Using creativity and imagination, entrepreneurs develop products and service that address these market gaps.

Entrepreneurs are risk-takers. They invest time and resources projects they have faith in. They are always thinking of how to improve the status quo. Entrepreneurs are driven by profits. For them to make good profits, they have to out-do their competitors. For this reason, entrepreneurs are always discovering new ways of doing things. The new ideas if successfully implemented, is innovation.