The innovation strategy for changing products and technologies that involves managers putting in place processes and structures to ensure that new ideas are carried forward for acceptance and implementation is known as entrepreneurship.

Question

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The statement describes the process of entrepreneurship, which is an innovation strategy that involves the creation of new products, processes, and services through the identification and development of new ideas. It involves implementing processes and structures to ensure that new ideas are turned into successful ventures.

The Innovation Strategy for Changing Products and Technologies That Involves