Question:
The entrepreneur who copies technique and technology innovated by others is
The entrepreneur who copies technique and technology innovated by others is
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Danhof's classification: Innovative = Creator; Imitative = Copycat adopter; Fabian = Reluctant/cautious; Drone = Die-hard traditionalist.
Updated On: Sep 15, 2026
- Innovative entrepreneur
- Drone entrepreneur
- Imitative entrepreneur
- Fabian entrepreneur
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The Correct Option is C
Solution and Explanation
Step 1: Understanding the Concept:
Clarence Danhof classified entrepreneurs in developing economies into four distinct categories based on innovation and adoption behavior.
Step 2: Detailed Explanation:
1. Innovative Entrepreneurs: Aggressively introduce novel products, new production methods, and open new markets.
2. Imitative (Adoptive) Entrepreneurs: Do not innovate themselves but readily copy, adopt, and replicate proven technologies and techniques successful elsewhere.
3. Fabian Entrepreneurs: Highly cautious, skeptical, and adopt changes only when non-adoption threatens survival.
4. Drone Entrepreneurs: Refuse to adopt new opportunities regardless of losses.
Step 3: Final Answer:
Therefore, an entrepreneur who copies technology innovated by others is an imitative entrepreneur.
Clarence Danhof classified entrepreneurs in developing economies into four distinct categories based on innovation and adoption behavior.
Step 2: Detailed Explanation:
1. Innovative Entrepreneurs: Aggressively introduce novel products, new production methods, and open new markets.
2. Imitative (Adoptive) Entrepreneurs: Do not innovate themselves but readily copy, adopt, and replicate proven technologies and techniques successful elsewhere.
3. Fabian Entrepreneurs: Highly cautious, skeptical, and adopt changes only when non-adoption threatens survival.
4. Drone Entrepreneurs: Refuse to adopt new opportunities regardless of losses.
Step 3: Final Answer:
Therefore, an entrepreneur who copies technology innovated by others is an imitative entrepreneur.
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