INNOVATION AND CREATIVITY
INNOVATION IN ENTREPRENEURSHIP
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Question
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the ability to apply creative solutions to those problems and opportunities in order to enhance people’s lives or to enrich society.
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the ability to develop new ideas and to discover new ways of looking at problems and opportunities.
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the result of a disciplined, systematic process of applying creativity and innovation to needs and opportunities in the marketplace.
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a process that can be developed and improved. Some individuals have a greater aptitude for creativity than others.
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Detailed explanation-1: -Innovation-the ability to apply creative solutions to problems or opportunities to enhance or to enrich peoples lives; doing new things. Define Entrepreneurship. Entrepreneurship-the result of a disciplined, systematic process of applying creativity and innovation to the needs and opportunities in the marketplace.
Detailed explanation-2: -CREATIVITY, INNOVATION AND ENTREPRENEURS Creativity is the ability to develop new ideas and to discover new ways of looking at problems and opportunities. Innovation is the ability to apply creative solutions to those problems and opportunities in order to enhance people’s lives or to enrich society.
Detailed explanation-3: -Creative problem solving (CPS) is a way of solving problems or identifying opportunities when conventional thinking has failed. It encourages you to find fresh perspectives and come up with innovative solutions, so that you can formulate a plan to overcome obstacles and reach your goals.
Detailed explanation-4: -Creative Problem Solving (CPS) involves breaking down a problem to understand it, generating ideas to solve the problem and evaluating those ideas to find the most effective solutions. It uses techniques to make the problem solving process engaging and collaborative.