Original ideas

• What must entrepreneurs be insightful about?

  What customers want
• What does invention mean?

  Creating something that did not previously exist
• What do entrepreneurs focus on when creating new products?

  Identifying market gaps and innovation
• What is meant by innovation?

  The successful commercialization of an invention
• What does innovation involve?

  Changing existing processes or creating new ones
• How can innovation benefit businesses?

  It can increase the likelihood of success
• What are the key aspects of entrepreneurship related to invention and innovation?

  • Entrepreneurs need creativity and insight.
  • Invention is creating something new.
  • Innovation is commercializing or adapting inventions.
  • Entrepreneurs ask about market gaps and improvements.