Write a report describing the strategic development of one innovative idea of your choice($($commercial or social).$).$ THis idea must be developed following the innovation process framework from an entrepreneurial approach. Hence, as a competent and experienced entrepreneur, you must fully explain each step of your creative process and provide the strategy, form birth, nourishment and sustainaibility in the long run. In each step, explain the most important challenges you may face and the what if scenarios you may also encounter per step. Be descriptive and thorough when identifying who will be affected by the change you create, whose knowledge and resources you might need, who might block or minimize the purpose of your initiative.  

 

Your document must clearly explain your analysis process from conception/$/$selection to viability and the strategic implementation of your venture plan.

Further specific requirements:

1.$1.$ Use the innovation process to describe how you will develop each phase.

2.$2.$ What problem has been solves, or what challenges will it overcome?

3.$3.$ Can the innovation be scaled out globally? Why/$/$Why not ?$?$

4.$4.$ What else could be implemented to forester further innovation?

5.$5.$ Envision your idea after five years of implementation and describe two potential scenarios confronting it.$.$

Any idea is okay, needed within 30$30$ mins, brief and straight to the point, no overwriting.

Answer rating: 100% (QA)

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