Liebenstein's Theory of Entrepreneurship is as follows:-
Harvey Leibenstein (1922-1994) considers entrepreneurship as happy fillers.The three traits of entrepreneurship include:-
*} Recognizing market trends
*} Develop new goods or process in demands but not in supply
*} Determining profitable activities
Entrepreneurs have the special ability to connect diff markets and make up for the failures and deficiencies.
Harvey Leibenstein (1922-1994) considers entrepreneurship as happy fillers.The three traits of entrepreneurship include:-
*} Recognizing market trends
*} Develop new goods or process in demands but not in supply
*} Determining profitable activities
Entrepreneurs have the special ability to connect diff markets and make up for the failures and deficiencies.