According to a famous thinker Peter Drucker, innovation is a specific instrument of an entrepreneur. Hence he believes that an effective entrepreneur converts a source into a resource. When is a source converted into a resource? Explain with the help if an example.

A source is converted into a resource when it acquires a utilitarian value and is used for creating new utilities.

For example, air, water, or minerals are present in abundance. But they become a resource only when they acquire or get utilitarian value or to say people start using it and also create new utilities and values for them or increase their existing value.