Creativity Innovation and Entrepreneurship Flashcards
1
Q
Motivation
A
Determines what a person will actually do
Intrinsic or extrinsic
2
Q
What is innovation ?
A
The successful implementation of creative ideas within an organisation
3
Q
Incremental innovations
A
Make existing products or services better
4
Q
Disruptive innovation
A
Cause fundamental changes in the marketplace b
5
Q
Cost innovation
A
Innovation which considers value for money
6
Q
What is knowledge?
A
Expertise or knowledge encompasses everything a person knows and can do
