Discuss the inter-relationship between entrepreneurship and innovation in business management

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Discuss the inter-relationship between entrepreneurship and innovation in business management

In your role as a start-up entrepreneur, you are required to submit a report to outline your new business concept.
Introduction (300 words)
Discuss the inter-relationship between entrepreneurship and innovation in business management, and your business concept including the key components of the venture concept (product or service, target market, special attributes, values, scale of the newly proposed business, location and who will be involved) (600 words)
Critically evaluate the Business Model Canvas and key components of the Value Chain in relation to your proposed business (600 words)
Evaluate different strategies that are used by entrepreneurial organizations at start up, and during periods of growth, and underperformance (600 words)
Discuss the range of techniques that can be used to identify opportunities, and critically discuss how potential risks could be managed (600 words)
Conclusion (300 words)

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