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ENTREPRENEURSHIP, CREATIVITY AND DUPLICATION: A LITERATURE REVIEW
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Table of contents
Section One 3
1.1 Conceptual Review 3
1.1.1 Meaning of Entrepreneurship 3
1.1.3 Challenges of Entrepreneurship in Nigeria 4
1.1.4 Benefits of Entrepreneurship to Nigeria 7
1.1.5 Creativity 8
1.1.6 Types and Characteristics of Creativity 14
1.1.7 Understanding Factors that Hinder Creativity, Innovation and Entrepreneurship 15
1.1.8 Innovation 18
1.1.9 Forms of Innovation 20
1.1.10 The Elements of Innovation 21
1.1.11 Organizational Constraints against Innovation 22
1.1.12 Global Creativity and Innovation Index 23
1.1.13 Duplication 25
1.1.14 Technological Entrepreneurship 28
Section Two 30
2.1 Theoretical Review 30
2.1.1 Schumpeter's innovation theory 30
2.1.2 Componential Theory of Creativity 31
2.1.3 Theory of organizational creativity 33
2.1.4 Schumpeter's Duplication theory 34
2.1.4 Disruptive Innovation Theory 35
Section Three 37
3.1 Empirical Review 37
Section Four 41
4.1 Gaps in Literature 41
4.2 Conclusion 42
References 44
Abstract
We are living in an era when the speed of inventions in the fields of arts, science, social science, technology and industrialization is more accelerated than any other time in the history of mankind. Entrepreneurship has been identified as an engine of economic and social development in this period that can lead to growth and development, increase productivity and create jobs. With the use of library based and conceptual method, the study review the concept of entrepreneurship as it merged largely with concepts such as creativity and duplication. This study tries to see these three factors, entrepreneurship, creativity and duplication as a decisive importance factors in economic development of countries and are now profoundly reshaping the patterns of the world’s economic growth and activity. An economy with a weak creativity, duplication and entrepreneurship base will lack strong competitiveness and will frequently experience poor growth and such a nation will be entrapped in poverty and underdevelopment. In this study, first the concept of entrepreneurship was introduced, then the difference between creativity and duplication comes, at the end the relationship between creativity, duplication and entrepreneurship is depicted.
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