Innovation and Entrepreneurship Term Paper by Top Papers

A discussion of innovation and entrepreneurship in a cultural context.
# 141072 | 1,250 words | 0 sources | MLA | 2008 | US
Published on Dec 01, 2008 in Business (General)


$19.95 Buy and instantly download this paper now

Description:

The paper demonstrates how innovation is a broad term with a range of related meanings depending upon the social setting, cultural context, or business environment involved. The paper discusses how innovation can refer to many different aspects of business, including the development of new products or services, the transformational improvement of existing products or services, the formulation of new research and development processes or techniques, as well as the application of new technologies in order to enhance production efficiency, conduct marketing more effectively, elevate quality control, provide greater product durability, or streamline customer service methods. The paper clarifies that in order to be characterized as innovative, a product, service, or business approach does not have to be new, for innovation also pertains to the beneficial transformation of an existing product, service, or business approach.

From the Paper:

"Does innovation mean something new? Innovation is a broad term with a range of related meanings depending upon the social setting, cultural context, or business environment involved. Innovation can refer to many different aspects of business, including the development of new products or services, the transformational improvement of existing products or services, the formulation of new research and development processes or techniques, as well as the application of new..."

Cite this Term Paper:

APA Format

Innovation and Entrepreneurship (2008, December 01) Retrieved May 23, 2022, from https://www.academon.com/term-paper/innovation-and-entrepreneurship-141072/

MLA Format

"Innovation and Entrepreneurship" 01 December 2008. Web. 23 May. 2022. <https://www.academon.com/term-paper/innovation-and-entrepreneurship-141072/>

Comments