Both entrepreneurs and innovators are important but only a small number of ideas can ever achieve commercial success. A market is needed and sometimes a product or service can create one.
In Ireland as in many other countries searching for a solution for unemployment, innovation is viewed by politicians as the philosopher's stone that will produce a miracle but billions of euros spent on Irish university research produce little - - Science Foundation, the Irish State agency, reported in September, that it supported four university spinout companies in 2010 - - and in a small country, there isn't a big market or maybe none and that key fact gets little attention.
To read the full, original article click on this link: Are entrepreneurs more important than innovators?