Entrepreneurial Success: How It Relates to the Management ofInnovation

Abstract

In this paper we examine the very strong link between effective management of innovation and ultimate entrepreneurial success. Entrepreneurs tend to be the drivers of technological innovation. However, the ability to truly manage that innovation has historically amplified their successes. Several examples of effective management of technological innovation are outlined in this paper. In addition, examples of entrepreneurs who failed to use all of these concepts are shown, along with the relationship between their lack of ultimate success and their limited management of innovation

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