Creativity is the ability to generate new ideas or concepts, while innovation is the process of turning new ideas or concepts into practice. Invention is the creation of a new product or process, while entrepreneurship is the process of starting and running a business.
Similarities:
- All four concepts involve new ideas and creation.
- They all require a certain level of risk-taking and willingness to break from the norm.
Differences:
- Creativity is more focused on generating ideas, whereas innovation involves implementing those ideas.
- Invention is the creation of something new, while entrepreneurship involves starting and running a business.
- Innovation often involves improving existing products or processes, whereas invention involves creating something entirely new.
What is the differences and similarities between creativity, innovation, invention and interpreneurship?
1 answer