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Q. Neo forma, Inc.
There are well known theories of entrepreneurship. Schumpeter postulated which entrepreneurs strive to creatively destroy? the status quo; any industry which does not continually innovate will eventually be destroyed by someone who is more entrepreneurial. Kirzner, on the other hand, claims which there are always disequilibria in the markets. Entrepreneurs are good at uncovering also exploiting these.
Please respond to the following:
Discuss whether or not Neo forma fits into one of these theories better than the other, or can both be invoked when trying to understand this industry.
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