Innovation vs Entrepreneurship - What's the difference?

innovation | entrepreneurship |


As nouns the difference between innovation and entrepreneurship

is that innovation is while entrepreneurship is the art or science of innovation and risk-taking for profit in business.

innovation

English

Noun

(en noun)
  • The act of innovating; the introduction of something new, in customs, rites, etc.
  • * {{quote-magazine, date=2013-06-21, author= Karen McVeigh
  • , volume=189, issue=2, page=10, magazine=(The Guardian Weekly) , title= US rules human genes can't be patented , passage=The US supreme court has ruled unanimously that natural human genes cannot be patented, a decision that scientists and civil rights campaigners said removed a major barrier to patient care and medical innovation .}}
  • *
  • A change effected by innovating; a change in customs;
  • Something new, and contrary to established customs, manners, or rites.
  • A newly formed shoot, or the annually produced addition to the stems of many mosses.
  • entrepreneurship

    Noun

    (-)
  • The art or science of innovation and risk-taking for profit in business.
  • The quality of being an entrepreneur.