In ____, Entrepreneurs Create Opportunities Via Their Actions, Reactions, and Experiments

question 39

Multiple Choice

In ____, entrepreneurs create opportunities via their actions, reactions, and experiments around new products, services, and business models.

• A)invention
• B)innovation
• C)creation theory
• D)discovery theory
• E)value creation

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Definitions:

Frontier Thesis

A theory proposed by historian Frederick Jackson Turner which argues that the American character and society have been shaped by the challenges and opportunities of the frontier.

American Character

American character refers to the traits, attitudes, and cultural attributes commonly associated with the American people and their society.

Continental Frontier

Refers to the outward expansion of European-American settlements across the North American continent, pushing the frontier westward from the 17th to the 19th centuries.

Cuban Revolution

A significant armed rebellion that led to the overthrow of Cuban dictator Fulgencio Batista in 1959 and the rise of Fidel Castro's governance.