Entrepreneurship and Innovation: PDF

Entrepreneurial
interview

Executive Summary
Entrepreneurial innovation is equally essential and sustainable for the early stages of new
ventures. However, the further has been outlined the theories of entrepreneurship such
sociological theory, resource based theory, resource based theory etc. study also explained the
Business opportunities has comes from sustainability, good relation, market reputation and
confidence.

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN REPORT...............................................................................................................................1
[12: 58] Interviewer : Critically compreinced the concept of innovation entrepreneurship and
opportunities................................................................................................................................1
[1 : 28] PM Interviewer : Business opportunities centrality to entrepreneurship and
innovation....................................................................................................................................2
[1 : 57 PM] Interviewer : Theoretical practices..........................................................................3
[2: 28 PM] Interviewer : Discussing current practices of management intern of entrepreneurial
and innovation.............................................................................................................................4
[2: 58 PM] Interviewer : Analysis of existing business for evaluating its readiness of including
entrepreneurial.............................................................................................................................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7
APPENDIX......................................................................................................................................9

INTRODUCTION
Entrepreneurship and innovation play a vital role in knowledge of creation and
exploitation to generate value and drive sustainable economic, social, technological and
organisational development. Entrepreneurial innovation is equally essential and sustainable for
the early stages of new ventures. However, the present study will be base on entrepreneur
innovation. Further the study will be discuss about the concept of innovation entrepreneurship
and their importance to getting business opportunities. However, the further study will also
outline the theories of entrepreneurship which is based on resource based, sociological base etc.
at the end of the segment research will cover the current practices of management interns of
entrepreneurial and innovation.
MAIN REPORT
[12: 58] Interviewer : Critically compreinced the concept of innovation entrepreneurship and
opportunities.
Time : 1 : 00 PM
Interviewee: According to interviewee, Innovation is the concept which is based on the new
idea, thoughts, imagination. According to each and every entrepreneur innovation is the most
required concept to run the business smoothly and sustaining. In order to critique, Innovation
might have create the challenges situations for the businesses which is not controllable. UK has
been the most leading country in terms of entrepreneurship (Agogue, Lundqvist and Middleton,
2015). Large number of UK population has successfully achieved their financial independence
and career opportunity. Entrepreneurs makes their business environment into business
opportunities through innovation and creativeness. For example Richard Branson who is a CEO
of the Virgin group. He originated the idea and concept of Virgin Group which is now a popular
brand name in UK. Richard Branson is known for its eccentric personality and his extravagant
wealth. Basically the concept of innovation sparkled business opportunity in both positive and
negative manner. On the same side, Innovations also contains the instability of getting success.
Also interviewee stated that, Innovation can help to develop original concept while
giving the innovator a proactive, confident attitude to take risks and get things done. The
relationship between innovation & Entrepreneurship is recognized as key building blocks of
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