The clarification of the concept of ‘new combinations’, poses an important question: who are the people able to ‘carrying out’ these new combinations? Schumpeter reserves this particular economic role for entrepreneurs. They are capable of initiating innovative actions and this is how the economic system evolves. Schumpeterian entrepreneurs are not necessarily the possessors of the capital used for carrying out the new combinations because in many cases they use stocks of capital supplied through the mechanisms of credit10 by capitalists or bankers. The connection between credit and innovation is a very close one, and one that makes possible the formation of new firms which are the exponents of the new combinations. From this point of view, it is obvious that in Schumpeter’s system the role of ‘savings’ in carrying out ‘new combinations’ is relatively insignificant because “the entrepreneur does not save in order to obtain the means which he needs, nor does he accumulate any goods before beginning to produce”