Successful Entrepreneurial Traits - Innovative Spirit

Innovation and creativity are siblings. Teresa M. Amabile, Edsel Bryant Ford Professor of Business Administration in the Entrepreneurial Management Unit at Harvard Business School, once explained the relationship this way: "All innovation begins with creative ideas." She defined innovation as "the successful implementation of creative ideas within an organization," and believed that creativity was a necessary but not sufficient condition for" innovation. Successful entrepreneurs are not only creative, but they are able to take their creativity and run with it, creating innovative solutions to the challenges their target market faces. This innovative spirit drives them to ever improve upon their ideas and leads to success in many of their endeavors.