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What is the main difference between innovation and entrepreneurship?
What is the main difference between innovation and entrepreneurship?
- Innovation is about risk-taking, while entrepreneurship is about adding value to existing products or services.
- Innovation focuses on creating change, while entrepreneurship involves generating new ideas.
- Innovation involves introducing something new, while entrepreneurship focuses on turning a great idea into a business opportunity. (correct)
- Innovation is solely about economic growth, while entrepreneurship is about building successful businesses.
What is the starting point for entrepreneurship?
What is the starting point for entrepreneurship?
- Promoting economic growth
- Generating new ideas
- Innovation (correct)
- Building successful businesses
What is the critical role of innovation?
What is the critical role of innovation?
- Introducing something new or creating change.
- Promoting a country's economic growth. (correct)
- Building successful businesses.
- Generating new and valuable ideas.
What does the act of innovation involve?
What does the act of innovation involve?
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What does entrepreneurship go further by doing?
What does entrepreneurship go further by doing?
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