Question
In: Economics
What Does Innovative Entrepreneurship means to you ?
What Does Innovative Entrepreneurship means to you ?
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Expert Solution
Innovation and entrepreneurship are essential ingredients in building a successful commercial venture. The ways in which these two concepts fuel enterprise are something our faculty never stop exploring.At the same time, there’s a strong emphasis on successful commercialisation - that is, an innovation is more than an idea or an invention, it’s the result of taking it to market.”
It is really important as At a time when policy makers are pooling efforts to restore growth and overcome the global economic and financial crisis, specific attention has been focused on innovative entrepreneurship, as it can play an important role in contributing to economic growth, job creation and poverty reduction, and can help address key social challenges.
Innovative entrepreneurship used here is not synonymous with either small and medium-sized enterprises (SMEs) or business start-ups but is derived from the intersection of three areas:
- innovative businesses
- young and high-growth businesses
- SMEs
Rahul Sunny answered 1 year agoRelated Solutions
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