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A common misconception and root of confusion in the discussion of innovation, is the distinction between invention and innovation. Many argue that innovation is invention taken to the marketplace and accepted. Explain in your own words the difference between invention and innovation – and explain how you might deal with an inventor that believes they want to become an entrepreneur. How would you deal with that person, toward what resources would you point them, how would you explain the difference between them as an inventor, and an entrepreneur?

Operation Management, Management Studies

  • Category:- Operation Management
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