create a 6 to 7 slides, with speaker notes presentation to pitch a new product idea as an entrepreneur. your pitch should be 15 minutes long with additional 5 minutes allocated for questions. the...

INNOVATION PROJECT
Table of Contents
1) Theories and Practices of Entrepreneurship    3
Theory of Innovation    3
Rotter’s Theory    3
2) Behaviour, Characteristic, Competencies and Personalities of Other Entrepreneurs    3
Behaviour and Characteristics    3
Personality    4
Competencies    4
3) Factors affecting Development and Creation of Product    4
4) Process of Business Start-up from Conception to Execution    4
References    6
1) Theories and Practices of Entrepreneurship
There are various theories of entrepreneurship are available. Among those theories the theory of entrepreneurship innovation and practices are discussed here.
Theory of Innovation
This particular theory of entrepreneurship was proposed by J.A. Schumpeter. In this theory, it was mentioned that the entrepreneurship indicates the innovator who provides new ideas or combination of ideas. According to this theory, the main domain of the entrepreneurship is innovation of new ideas (Piperopoulos & Dimov, 2015). In order to make a new idea the innovator always uses the facts and takes help of various innovative ways. In case of making new combinations of any field of research the main motive of the innovator remains to improving the quality of service in order to make a desirable profit.
The innovator is also remains concern about the degree of satisfaction of the consumer. In the developmental point of view, it can be seen that any economic development needed some changes to maintain the proper balance of the development (Kuratko, 2016). In this case, of development the entrepreneur also need to accept some behavioural changes. Hence it can be said that the theory of innovation provide by the Schumpeter is quite broad in terms of the base.
In terms of practice of this theory, various cases can be discussed. This theory is generally based on the introduction of new goods. It always considers the introduction of new process of production of any goods. In...