There are well-known theories of entrepreneurship. Schumpter postulated that entrepreneurs strive to ―creatively destroy‖ the status quo; any company that does not continually innovate will eventually be destroyed by someone who is more ―entrepreneurial.‖ Kirzner, on the other hand, claims that there are always disequilibria in the markets. Entrepreneurs are good at uncovering and exploiting these.
Please respond to the following:
•Discuss whether or not Neoforma fits into one of these theories better than the other, or can both be invoked when trying to understand this company.
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