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Ask HN: Whats the difference between Innovation & Entrepreneurship

2 点作者 nashequilibrium超过 11 年前

1 comment

pedalpete超过 11 年前
I&#x27;m assuming you&#x27;ve looked up the definition, they are in no way related to one another.<p>Innovation is defined as &quot;a new method, idea or product.&quot; Entrepreneurship is &quot;the act of organizing a business venture.&quot;<p>I&#x27;m an innovator, not an entrepreneur. I get excited by change and creation of new products and services. The act of creating needs to be unique in order for me to get excited about it. I contrast that with my brother who is an entrepreneur. He loves creating businesses, he&#x27;ll sell them to you as the most innovative because of x,y,z or they are changing the world because of a,b,c, but he can then go on and list off a hundred competitors who are trying to do the same thing, and the products they are all selling are barely indistinguishable to those familiar with the market.<p>The innovator concerns themselves with novelty, the entrepreneur, with business. It might help to compare it to a Chef and a Restaurateur. The Chef is the creator and hopefully an innovator, but definitely an artist in the creation of food. The Restaurateur wants his restaurant to be full of happy people spending their money and making x% profit on each sale.<p>Entrepreneurship can be driven by Innovation, and vice-versa, but they certainly don&#x27;t have to be related at all.
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