Innovational Entrepreneurship

Innovational entrepreneurship refers to the process of creating new products, services, or business models that offer unique solutions to existing problems or meet unfulfilled needs in the market. Entrepreneurs in this field think creatively to bring fresh ideas to life, often leveraging technology or novel approaches to gain a competitive advantage. This type of entrepreneurship not only involves starting a business but also focuses on how innovation can drive growth, improve efficiency, and enhance customer experiences, ultimately contributing to economic development and societal progress.