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11 questions
Which is a characteristic of a successful entrepreneur?
Motivated
Takes very little risk
Passionate
Hard-working
What is the challenge of creativity and innovation?
They refer to the same thing
Too often there is an assumption that creativity automatically leads to actual innovation
They are two different concepts that are hard to be put together
What is Innovation?
Short term goals in the business
How many times a business has changed their product.
A "new idea, creative thoughts, new imaginations in form of device or method".
the exclusive and assignable legal right, given to the originator for a fixed number of years, to print, publish, perform, film, or record literary, artistic, or musical material.
What is the importance of Innovation?
Management research confirms that organisations that
meet the innovation challenge out perform their
competitors in terms of market share, profitability, growth
and market capitalisation (Tidd, Bessant, & Pavitt, 2005).
innovative organisations are better able to mobilize the knowledge, skills and experiences of people and successfully create new products, services and ways of getting things done faster, better and cheaper.
Although creativity is innovations's precursor, both are key issues for organisational survival growth.
All of the Above
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