INNOVATION AND CREATIVITY
INNOVATION IN ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Wilson accepts that the product he designed may not be successful. Wilson possesses
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curiosity
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creativity
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problem-solving skills
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risk-taking ability
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Explanation:
Detailed explanation-1: -Explain the motivations that influence entrepreneurs to take risk. Profit, Job creation, Innovation, and Improving society are things that motivate business people to take risks.
Detailed explanation-2: -There are many risks associated with innovation such as the loss of money, the loss of time, the loss of company reputation/image, and the loss of potential.
Detailed explanation-3: -The invention involves the creation of something entirely new, while innovation involves the improvement or modification of something that already exists. Creativity, on the other hand, is the ability to generate new ideas or concepts.
There is 1 question to complete.