Entrepreneurship, Innovation, and Management

Abstract

The term innovation is one of the most misused and poorly defined terms when discussing economic growth and development. Innovation is a buzzword used by politicians hoping that by just saying "innovation" we will somehow magically break free from the mire of the current global economic downturn. There is no mystery to innovation, it is not alchemy. At the surface, it is rather simple: "people implementing ideas to create value" [1]. It is easy to understand yet vastly more challenging to do well. This paper focuses on the practical application of the innovation world and deals with topics such as; why it is difficult to be an entrepreneur, the basics of innovation, and a simple model for innovation.

Meeting Name

70th Annual Technical Conference and Exhibition of the Society of Plastics Engineers, ANTEC 2012 (2012: Apr. 2-4, Orlando, FL

Department(s)

Economics

Keywords and Phrases

Collaboration; Competitive advantage; Concurrent; Creativity; Design; Innovation; Invention; Patent; Product development

International Standard Book Number (ISBN)

978-162276083-1

Document Type

Article - Conference proceedings

Document Version

Citation

File Type

text

Language(s)

English

Rights

© 2012 Society of Plastics Engineers, All rights reserved.

Publication Date

01 Apr 2012

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