Saturday, March 21, 2009

What is the difference between creativity and innovation? Discuss how you might need both as an entrepreneur.

Everyone can be creative; however, creative ideas do not necessarily translate into something that other people will understanding or even like the product. Innovation appears to take the next step in the entrepreneurship process. Where innovation seems to require a little more depth. Innovation consist of creativity and plus the addition of feasibility and the consideration of appeal as well.

Both creative and innovation are necessary to be an entrepreneur. There is no point in having a great idea without the interest of potential customers
-Joyce

I believe that creativity and innovation are vital in starting a business because that is the essence of entrepreneurship. Creativity deals more with the process of coming up with something different or unique to any topic in the business. Innovation deals with primary a completely different perspective of a new concept or an existing one. Creativity is focused on the unrestricted thinking and innovation has to be practical. The iPod is an example of innovation because Apple wasn’t the first company to invent digital music device, but through innovative means it became to most influential.
-Sarah