SOLUTION: Campbellsville Entrepreneurship & Innovation for Profit and Competition Essay

Find attached Running head: ENTREPRENEURIAL INNOVATIONEntrepreneurial InnovationStudent’s NameInstitution1ENTREPRENEURIAL INNOVATION2Entrepreneurial InnovationBhattacharyya, S. (2006). Entrepreneurship and innovation: How leadership style makesthe difference?. Vikalpa, 31(1), 107-116.IntroductionIn entrepreneurship, innovation is fundamental. In a highly competitive environment,innovative ideas separate an establishment from the rest by offering them a competitive edge.Satyabir Bhattacharyya’s article titled “Entrepreneurship and innovation: How leadership stylemakes the difference,” written in 2006, for Vikalpa’s journal for decision-makers solidifies thisnotion. This article is purposed to distinguish the differences between entrepreneurship andinnovation. In essence, the article endeavors to delineate both terms and expound their meaningin the business sphere. Bhattacharyya penned this article to illustrate how different managerialleadership styles influence businesses and establishments in the long-term.Primarily, this article illustrates how different management styles impact establishmentsdifferently. This article brings to the foe the significance that is inherent in entrepreneurialmanagement. The article depicts how entrepreneurial management is a critical aspect thatindividuals must consider before considering establishing a business and running it successfully.Entrepreneurs assist in driving change with innovation, where novel and enhanced productsfacilitate individuals and establishments to institute new marketplaces (Seth, 2019). This articlereiterates that being only innovators or entrepreneurs does not keep businesses runningsuccessfully. Individuals and establishments must learn and develop entrepreneurial managementand leadership approaches for their businesses to prosper.ENTREPRENEURIAL INNOVATIONIn essence, this article is significant because it speaks of starting a new establishment andelaborating on augmenting it. The author of the paper asks individuals to act as businessentrepreneurs and management entrepreneurs by incorporating several case studies and research.The author argues that when individuals espouse these characteristics, they will end…

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