innovation survey Essay


Exec summary

The entrepreneurship and advancement contains the strong relationship which the innovation can be captured and used by the entrepreneurs in the organisation. The innovation means the new and better service or product development, and the delivery that product in market effectively. If the organisation is the ground breaking, the durability presents high as they gain the competitive advantage extended range term. To back up between entrepreneurship and development, the exceptional characteristics should be thought about. The businessman can impact of reputation of creativity product and services. In the long run of record, the case analyze of my family business was chosen and evaluated regarding innovative dimensions. The recommendation as the innovation program was proposed that can convert the business into innovative and sustainable company.

1 ) Introduction

Becoming the progressive and environmentally friendly business becomes the key to success of today business. You will find the relationship among entrepreneurship and innovation that drive the organisation to become innovative and sustainable. From this report, the concept and proposal of entrepreneurship and creativity process was presented. Additionally , the personal case study, my family organization, was assessed using the innovation diagnostic diamond tool and was made the development plan to the company. Most of the current business concentrate on short-term organization, however , the long-term business opportunity should be used the impressive process in to different departments in the business. This will gain the competitive advantage extended range term plus the company becomes sustainability. 2 . Concepts and engagement of entrepreneurship and innovation 2 . 1 Principles and proposal

Innovation is the specific instrument of business owners that can be used to consider advantage the business changes, fresh opportunity, create the new goods and services. Entrepreneurs have to seek for the innovation sources, and then apply into truth. Thus, the business enterprise opportunity can be linked to the development that generates something new or perhaps better. Entrepreneurs as the innovators can easily create new releases or procedure to gain the competitor advantage (Kanungo, 1999). Innovation is not just creating the cool product or companies, the distribution to end-use is yet also included into innovation strategy. Entrepreneurship may involve the brand new idea capture and transforms them into the new products or services, in that case take that products into market (Johnson, 2001). Entrepreneurship can stand for the organisational or individual behaviour and culture. Development was advised as the main element element of entrepreneurship (Miller, 1983). 2 . a couple of Characteristics

An entrepreneur is of course born as the leader with specific qualities. There are three main character of entrepreneurship; including readiness to learn, participating personality, and strong meaningful compass (Miriyam, 2013). Entrepreneurs are willing to the new things, escaping . from their rut, and do their very own experiment to test their research or idea. In addition , they can be engaging other folks in their crew and drive entire crew to achieve the goals. This can be said entrepreneurs show the engaging character, motivating friend with their thought, and be reasonable. With previously mentioned characteristics, normally they will gain the standing. The network, teamwork, and relationship are much important for entrepreneurship. The team-oriented process is known as a key to success in the project or perhaps business. Advancement is required the modern idea and its expansion. Innovators are recognized as the key person to solves the exist concerns, finding option economically. You will find two key innovation characteristics; strong feeling of honesty and goal-oriented productivity (Miryam, 2013). The innovation relies upon idea, development, and output. Innovator normally transforms the concept into object used in actuality. Thus, with the matched key characteristic among...

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