Entrepreneurship And Innovation

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Najmus-Saquib Khan

Business Education

3.1 THE INNOVATION CONCEPT: (Continued) ,[object Object]

NEW PRODUCTS: (Continued) ,[object Object]

NEW SERVICES: ,[object Object],[object Object]

NEW PRODUCTION TECHNIQUES: ,[object Object],[object Object]

NEW MEANS OF INFORMING THE CUSTOMER ABOUT THE PRODUCT: ,[object Object]

IMPORTANCE OF INNOVATION FOR ENTREPRENEURSHIP: 3.2

ORGANIZATION FOR INNOVATION: CORPORATE ENTREPRENEURSHIP ,[object Object]

[object Object],[object Object],[object Object],ORGANIZATION FOR INNOVATION: CORPORATE ENTREPRENEURSHIP (Continued)

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],ORGANIZATION FOR INNOVATION: CORPORATE ENTREPRENEURSHIP (Continued)

3.3 SOURCES OF INNOVATION FOR OPPORTUNITIES

The first four exist within the industry itself, and the last three in the social environment. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Factors affecting a new venture’s success ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Invention versus Innovation: Analytical planning Organizing resources Implementation Commercial application To identify: Product design market strategy financial need To obtain: Materials technology human resources capital To accomplish: Organization product design manufacturing services To provide: Value to costumers rewards for employees revenues foe investors satisfaction for founders ,[object Object]

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