What is the difference between invention, innovation and entrepreneurship?
Hey Nabil,
within your context, i would give a short, very simple answer (of course, there is much more to each term!):
Invention - new product or service, but it is unclear whether there is a demand for it. it may just be useless.
Innovation - new product or service for which there is a demand.
Entrepreneurship - either new product/service to satisfy an existing or creating a new demand or a new purpose for an existing product/service.
Cheers,
Charlott
Thanks Menke .
regards,
Hi Nabil
You can find more answers in the bellow links:
https://www.huffingtonpost.com/tom-grasty/technological-inventions-and-innovation_b_1397085.html
http://www.tandemlaunch.com/invention-innovation-and-entrepreneurship-different-processes-different-people/
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