What is the meaning of innovation and entrepreneurship

The meaning of innovation and entrepreneurship is that entrepreneurship is simply a kind of activity to profit by creating a company or creating a system, system to profit; entrepreneurship is important to create, that is, innovation.

The relationship between entrepreneurship and innovation The essence of entrepreneurship lies in grasping opportunities, creative resource integration, innovation and rapid action. So the essence of entrepreneurship is innovation, innovation is the soul of entrepreneurship, there is a close intrinsic link between the two,

Narrowly defined entrepreneurship is a category of economics, refers to the main body of the creation of value and employment opportunities for the purpose of creating a certain form of business organization through the formation of a certain form of business, to provide products and services for the community's economic activities. This kind of entrepreneurship does not require much innovation and emphasizes more on organized economic activities.

Innovation is a conceptualization process characterized by new thinking, new inventions and new descriptions.