Business Studies, asked by sachinkumar630, 1 year ago

What do you mean by ‘innovative entrepreneur'? How it is different from imitative entrepreneur?

Answers

Answered by arin04
2
Innovative entrepreneurs are those who make new innovation in the production process...
Whereas imiative entrepreneurs are those who are reliable on their primitive machinery used in the production process...
Answered by Sidyandex
2

In the innovative model of a business, a completely new approach is promoted that is implemented in a business scenario.

It helps in providing valuable ideas and growth to products.

This approach is mainly used for the online business.

Whereas in the imitative business models is for the business that is already present in the market but more companies are joining in.

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