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This article is part of our Innovation in America series, in which Foolish writers highlight examples of innovation going on today and what they see coming in the future. We live in an on-demand ...
This article is part of our Innovation in America series, in which Foolish writers highlight examples of innovation going on today and what they see coming in the future. Author's note: This is a ...
This article is part of our Innovation in America series, in which Foolish writers highlight examples of innovation going on today and what they see coming in the future. Author's note: This is a ...
Creative entrepreneurship is the practice of setting up a business – or becoming self-employed - in one of the creative industries.The focus of the creative entrepreneur differs from that of the typical business entrepreneur or, indeed, the social entrepreneur in that they are concerned first and foremost with the creation and exploitation of creative or intellectual capital.
The Global Innovation through Science and Technology initiative (GIST) is a U.S. government program on innovation and entrepreneurship. The program assists business people in establishing startups. GIST participants in 135 emerging economies can develop skills, build networks, find mentors, and access financing through a combination of in ...
Intrapreneurship is the act of behaving like an entrepreneur while working within a large organization. Intrapreneurship is known as the practice of a corporate management style that integrates risk-taking and innovation approaches, as well as the reward and motivational techniques, that are more traditionally thought of as being the province of entrepreneurship.
A creative economy is based on people's use of their creative imagination to increase an idea's value.John Howkins developed the concept in 2001 to describe economic systems where value is based on novel imaginative qualities rather than the traditional resources of land, labour and capital.: [1] Compared to creative industries, which are limited to specific sectors, the term is used to ...
Exploratory and value-added innovation require different leadership styles and behaviors to succeed. [14] Value-added innovation (PwC, 2010) involves refining and revising an existing product or service and typically requires minimal risk taking (compared to exploratory innovation, which often involves taking a large risk); in this case, it is most appropriate for a leader for innovation to ...