Once we pay our attention to the given statement, in many cases in order to innovate new product or service it is subject to series of activities.
Conducting Research & Development Exercises
Testing of the Product
Acquire expertise Knowledge
Incurring Initial Capital
Since developing countries have number of constraints over above factors, it is prudent to adhere to the Imitative entrepreneurship.
How ever there might be a situation where we can create innovative product with out such cost involvements.
Hence in such a situation, one can address the innovative entrepreneurship.
An imitative entrepreneur is someone who adopts successful concepts and idea that have been proven by innovative entrepreneurs. They essentially copy the technologies and techniques created by others.
An imitative entrepreneur adopts the methods and technologies of the inoovative entrepreneurs.These are mostly found in developing countries.. On the other hand,drone entrepreneurs believe in traditional methods of production and are less likely to adopt new technologies.
difference btw innovation and creativity
Innovative products are unique and original, offering new features or technologies not seen before. Imitative products, on the other hand, replicate existing products with little to no differentiation, often aiming to capitalize on the success of others. Innovative products typically drive market evolution, while imitative products may struggle to stand out in a crowded market.
Basically people of underdeveloped countries cannot take risk (due to lack of education, lack of social awareness, low finance,etc.). Hence they depend on Government to support in creating employment opportunities & expect government to set example in creating /building business organizations usually called as public sectors ( Like in Asia -India & Mexico). government act as creator , regulator & caretaker & helps independent entrepreneurs to come up gradually by following government initiatives. Through public sectors Government of a given nation may train people into industrial behaviour keeping them as employees. By & by it may develop them Intrapreneurs which lead to entrepreneurship. In India Persian community exhibitted entrepreneurial behaviour (in Jewish countries Jews exhibitted the same).Once the culture of entrepreneurship penetrates there is a possibility a society can find more risk takers. If social & cultural background of a country is not towards entrepreneurial behaviour imitative entrepreneur may be needed which a Government can do or a community may do such imitation. Contributor's ID-- y_s_ganesh@yahoo.com
The word, spit, is in itself onomatopaeic, or imitative, if you prefer. Spew has a similar origin, and is also imitative.
canon
Imitative counterpoint
original.
Imitative products are products that are new to a company but were already established in the marketplace. Example: Sony invented the walkman, but many companies imitated it.
imitative counterpoint
Imitative counterpoint