Introduction to Creativity, Innovation and Entrepreneurship
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Questions and Answers

What is the primary difference between creativity and innovation?

  • Creativity is about identifying opportunities, while innovation is about developing new ideas.
  • Creativity is about making ideas happen, while innovation is about identifying opportunities.
  • Creativity is about making ideas happen, while innovation is about developing new ideas.
  • Creativity is the ability to develop new ideas, while innovation is the implementation of those ideas. (correct)

    • What is the role of entrepreneurship in the process of creativity and innovation?

  • It is the final point of the process, where entrepreneurs commercialize new technologies.
  • It is the result of the process, where entrepreneurs apply both creativity and innovation. (correct)
  • It is the starting point of the process, where entrepreneurs identify opportunities.
  • It is the middle point of the process, where entrepreneurs implement innovative ideas.

    • What is the main value of constraints in the process of innovation?

  • Constraints are inevitable and helpful, leading to innovation. (correct)
  • Constraints are only helpful in certain situations.
  • Constraints are obstacles that hinder innovation.
  • Constraints are necessary for commercialization, but not for innovation.

    • What is the concept of 'Mythical Constraints'?

    <p>Constraints that are not really there, but are perceived as obstacles.</p> Signup and view all the answers

    What is the main focus of innovation, according to Scott Belsky?

    <p>Making ideas happen.</p> Signup and view all the answers

    What is the main focus of innovation according to the text?

    <p>Finding what people need</p> Signup and view all the answers

    What does the story of WD-40 exemplify?

    <p>Innovative work</p> Signup and view all the answers

    What is the reason for discouraging variance in the production of WD-40?

    <p>To ensure consistency</p> Signup and view all the answers

    How many commercial successes did IDEO have in one year?

    <p>2 or 3</p> Signup and view all the answers

    What is the name of the design and innovation firm headquartered in Palo Alto, California?

    <p>IDEO</p> Signup and view all the answers

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