Exam 5: Innovation: the Creative Pursuit of Ideas

Creativity, in the entrepreneurial context, is the generation of ideas that result in the improved efficiency or effectiveness of a system.

The innovation process involves only the development of a good idea.

Creative talents can be improved through practice and awareness of habits that can cause problems. However, there are ways to increase creativity; one area is to recognize relationships. Explain what is meant by this, and provide an example.

In the struggle to achieve security, many people also tend to rely on the theory of _____ thinking to make decisions.

Which of the following is an example of a process need?

When the first dishwasher was introduced, it was a completely new product. This was an example of which of the following?

Researchers uniformly agree that the easiest step in the creative endeavor is the evaluation and implementation phase.

Identity and describe two arenas of creativity that researcher William Miller proposed.

Which of the following questions concerning innovation is not relevant?

Peter Drucker has stated that successful innovators must look, ask, and listen.

Which of the following statements is true?

The four types of innovation are

Incongruities are gaps or differences between expectations and reality.