Certain researchers mentioned in the book argue that entrepreneurial capital or the entrepreneurial capacity in an innovation-driven global economy is now a crucial production factor. They argue that in a vital economy:
A) global entrepreneurs capitalize on innovations
B) entrepreneurs require capital in order to create their global products
C) there is a balance between work, capital and knowledge
D) a mechanism is in place to secure that new knowledge is captured and transformed into products, services, etc.
E) one earns money partaking in this sort of activity

Question

Quizplus · Accepted Answer

The researchers argue that in an innovation-driven global economy, entrepreneurial capacity or capital is a crucial production factor. They further argue that a mechanism must be in place to convert new knowledge into products, services, or innovations. Therefore, option D is the best choice as it directly refers to the creation of new knowledge and transforming it into a product or service.

Certain Researchers Mentioned in the Book Argue That Entrepreneurial Capital