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4 Types of Innovation in Entrepreneurship
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4 Types of Innovation in Entrepreneurship
What Are the 4 Types of Innovation? Innovation is often the driving force behind sustainable growth and long-term success in entrepreneurship. The four main types of innovation recognized in both academic research and industry practice are Product Innovation, Process Innovation, Business Model Innovation, and Organizational Innovation. Understanding these types of innovation not only helps startups identify their strengths but also empowers them…
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