Innovations are the composite of two worlds, namely, the technical, and the business; so when only a change in technology is involved, this is just an invention; but as soon as the business world is involved, it becomes an Innovation.CITATION Sch34 l 1033 (Schumpeter, 1934) .
‘A good idea is nothing more than a tool in the hands of an entrepreneur'(Jeffry Timmons, 1977).
‘An entrepreneur is an individual who establishes and manages a business for the principal purposes of profit and growth.’ CITATION Jam84 l 1033 (Carland, 1984).
“Entrepreneurs are individuals that recognize opportunity and find gaps in the market and test the viability of new business by trial and error and feedback from the market” CITATION Isr73 l 1033 (Kirzner, 1973).
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