ENTREPRENEURSHIP

Detailed explanation-1: -Innovation is the process of developing a new idea or invention of a product or service that creates a value in the market for which the customer would pay for and satisfies the needs and expectations of the customer.

Detailed explanation-2: -Innovation is the process of creating something new and better. This can mean coming up with an original idea, developing a new product or service, or coming up with an innovative way to do something.

Detailed explanation-3: -Innovative entrepreneurship is the practice of establishing creating new business ideas intending to generate profit, assist their community and accomplish company goals. Innovation helps an individual entrepreneur or a group of entrepreneurs to improve or replace a particular product, process or service.

Detailed explanation-4: -In sum, entrepreneurship is the process of starting and developing a company, with the aim of delivering something new or improved to the market, or by organizing the means of production in a superior way.