Questions and Answers
What does prior market knowledge refer to?
Knowledge and understanding of financial markets, strategies, trends, and historical data
What is the key to successful innovation for entrepreneurs?
Blending imaginative and creative thinking with a systemic, logical process ability
What does specific interest knowledge refer to?
Specialized or focused expertise in a particular subject or field
What is the role of creative thinking in the innovative process?
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What are the two important components of creative problem solving?
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What does prior customer understanding refer to?
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What is the role of general industry knowledge for entrepreneurs?
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What is the goal of the creative problem-solving process?
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What is the role of potential entrepreneurs in the innovative process?
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What is the relationship between creative thinking and the innovative process?
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