ENTREPRENEURSHIP

INNOVATION AND CREATIVITY

INNOVATION IN ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Creativity Traits Needed in an Entrepreneur are ____
A
Seeing Problems as Interesting and Acceptable
B
Seeing Hurdles as leading to improvements and solutions
C
Neither
D
Both
Explanation: 

Detailed explanation-1: -Risk taking: can assess, enjoy and face risks. Passion for their creative sector: creative entrepreneurs are the mediators that bring creative products to the market and require an ability to talent spot, respect, understand and manage creativity; More items

Detailed explanation-2: -Entrepreneurial creativity is the ability to develop new ideas and solutions to problems. It is the ability to see into the future and generate ideas, solutions and innovations before they are needed. It is the ability to solve your customer’s or client’s problems before they even realize the problem exists.

Detailed explanation-3: -Creativity and innovation helps develop new ways of improving an existing product or service to optimize the business. This also allows entrepreneurs to think outside the box and beyond the traditional solutions. Through this opportunity new, interesting, potential yet versatile idea come up.

Detailed explanation-4: -Creativity begins with a foundation of knowledge, learning a discipline, and mastering a way of thinking. You can learn to be creative by experimenting, exploring, questioning assumptions, using imagination and synthesizing information. Learning to be creative is akin to learning a sport.

Detailed explanation-5: -Guilford (1959) identified five key elements of creativity: fluency, flexibility, originality, awareness, and drive. Understanding these elements removes some of the mystery surrounding creativity and paves the way for encouraging its growth.

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