The role of the entrepreneur becomes much more important in the new growth theory - the endogenous growth model-than in the traditional economic growth mode because
A. Entrepreneurs supply the funds for capital accumulation int he new growth theory.
B. In the traditional growth model, economic growth is caused by an increase in the labor force growth rate.
C. The traditional growth theory focuses on capital accumulation but the new growth theory does not
D. In the new growth theory, entrepreneurs play a key role in the development and adoption of new and sometimes untried technologies
Answer: D