Question

Explain the interrelationship between innovation and entrepreneurship.

Answer 1

The key difference between innovation and entrepreneurship is that the innovation means introducing something new. This can be an idea, product, model, or a service. On the other hand, making a great idea into a business opportunity is entrepreneurship. Entrepreneurship begins with innovation.

Answer 2

Answer:

The key difference between innovation and entrepreneurship is that the innovation means introducing something new. This can be an idea, product, model, or a service. On the other hand, making a great idea into a business opportunity is entrepreneurship. Entrepreneurship begins with innovation.