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Entrepreneurs recognize the latent power and utility of inventions and play a crucial role in bringing those inventions to market. These entrepreneurs - those that Schumpeter described as "The promoters of new combinations" - are individuals who can both see new possibilities and assess market needs (Acs and Audretsch, 2003). High Impact Entrepreneurship (HIE) is fundamentally the study of the actions of individuals responding to market opportunities by bringing inventions to market that create wealth and growth. These entrepreneurs are distinct from mere creators of new firms, those that replicate thousands of other establishments.
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