
Schumpeterian entrepreneur
A Schumpeterian entrepreneur is someone who drives economic change by introducing innovative ideas, products, or services. Named after economist Joseph Schumpeter, this entrepreneur doesn’t just start businesses; they disrupt existing markets and create new ones through creativity and risk-taking. They play a crucial role in what Schumpeter called "creative destruction," where old ways of doing things are replaced by new approaches, leading to progress and growth. Essentially, these entrepreneurs are visionaries who seek to transform industries and improve society through their innovative endeavors.