Question

Compare and contrast the concepts of creativity and innovation in entrepreneurship?

Compare and contrast the concepts of creativity and innovation in entrepreneurship?

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Answer-Creativity- It can be defined as the creation of a unique method or way of thinking to do things. Innovation -It is defined as the result of a creative process, in innovation, innovators improve the existing goods and services or innovate new products and services.

Creativity is subjective which means it cannot be measured whereas innovation can be measured by the entrepreneurs.

Creativity is the original form of thinking which means it is totally new concept whereas innovation takes place on existing products and services.

Creativity includes the ideas, imagination, thoughts , concept, expression whereas innovation includes process , action, values , change, etc.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Q1. What is the meaning of entrepreneurship creativity?
Q1. What is the meaning of entrepreneurship creativity?
Compare & contrast the differences you perceive in healthcare innovation or market forces between the United...
Compare & contrast the differences you perceive in healthcare innovation or market forces between the United Kingdom & the United States.
Compare and contrast the concepts cost-effective and cost-saving. How are each addressed in a monitoring and...
Compare and contrast the concepts cost-effective and cost-saving. How are each addressed in a monitoring and evaluation context? compare and contrast the concepts of cost-effective and cost-saving of a health program and how are each addressed in a monitoring and evaluation context?
INNOVATION PROCESS IN ENTREPRENEURSHIP What is a value innovation? Why is it important? Find and describe...
INNOVATION PROCESS IN ENTREPRENEURSHIP What is a value innovation? Why is it important? Find and describe an example of a value innovation. Explain why that value innovation changes the way firms in an industry do business or will do business in the future.
Compare and contrast the concepts of risk and return. Also discuss the importance of portfolio diversification...
Compare and contrast the concepts of risk and return. Also discuss the importance of portfolio diversification and its relationship to risk and return.
What are the main requirements (ingredients) for the spread of entrepreneurship and innovation in an increasingly...
What are the main requirements (ingredients) for the spread of entrepreneurship and innovation in an increasingly global economy?
As an organizational leader, how would you support a culture of creativity and innovation in your...
As an organizational leader, how would you support a culture of creativity and innovation in your organization?
Compare and contrast the concepts of protein turnover and N-balance. What conditions, nutritional and hormonal, would...
Compare and contrast the concepts of protein turnover and N-balance. What conditions, nutritional and hormonal, would produce a positive N-balance and promote protein synthesis
Compare and contrast the selling and marketing concepts and tell me which you would recommend for...
Compare and contrast the selling and marketing concepts and tell me which you would recommend for a company like Apple. Choose one or two Apple products (ie. The iPhone or the iPad) and explain which approach would best generate revenue from their sales and why. In doing so, identify your target market and develop a value proposition to properly target them. 1. Define and describe the selling and marketing concepts. 2. Which Apple product(s) will you use to answer this...
INNOVATION PROCESS IN ENTREPRENEURSHIP Explain how you might integrate Blue Ocean Strategy with at least one...
INNOVATION PROCESS IN ENTREPRENEURSHIP Explain how you might integrate Blue Ocean Strategy with at least one other concept or strategy in a business. What effect do you think this would have on creating innovations or launching a startup?
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT