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Intrapreneurship and Entrepreneurship

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Using the library, Internet, or any other available resources, to define the term innovation. Then, research what you think is an example of an innovative product or service. Include the following within your discussion:
1. What is your product, and why do you feel the product you have selected is innovative within its industry?
2. How was the product introduced to the market, and which approach was used--entrepreneurship or intrapreneurship?
3. What were the advantages or disadvantages resulting from using the particular approach?
4. What were the challenges faced in bringing the innovation to market?

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Solution Summary

This posting discusses a new product for the hearing impaired in 604 words with three references for further research.

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Intrapreneurship & Entrepreneurship
Assignment Type: Deliverable Length: 4-6 paragraphs
Library Research Assignment
Using the library, Internet, or any other available resources, to define the term innovation. Then, research what you think is an example of an innovative product or service. Include the following within your discussion:

1. What is your product, and why do you feel the product you have selected is innovative within its industry?

The product that I have created is a pad that "listens" to the person whom it is aimed at and converts sound into sign language that can be seen on a screen. This product is made for persons that are deaf. The deaf cannot listen to people talk but they can read sign language. The erPad will have a powerful microphone that will pick up the voices of persons and convert it instantaneously into sign language(1).

2. How was the product introduced to the market, and which approach was used: "entrepreneurship or ...

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