Question

One major theory of opportunity in which entrepreneurs create opportunities via their actions, reactions, and experiments around new products, services, and business models is known as _____ theory.

Answer 1

Creation Theory

Step-by-step explanation:

The creation Theory is a theory that sees the entrepreneurs are the actors; i.e, entrepreneurs create opportunities via their actions, reactions, and experiments around new products, services, and business models. The creation theory assumes that opportunities are created by entrepreneurs who are searching for ways to gain economic advantage in the market in which they operate.