{"id":5099,"date":"2023-02-22T21:06:26","date_gmt":"2023-02-22T21:06:26","guid":{"rendered":"https:\/\/course.oeru.org\/ient101\/?page_id=5099"},"modified":"2023-02-22T21:06:26","modified_gmt":"2023-02-22T21:06:26","slug":"innovative-businesses","status":"publish","type":"page","link":"https:\/\/course.oeru.org\/ient101\/learning-pathways\/the-nature-of-entrepreneurship\/innovative-businesses\/","title":{"rendered":"Innovative businesses"},"content":{"rendered":"<div id=\"content\" class=\"mw-body container\" role=\"main\">\n<div class=\"row\">\n<div class=\"col-md-12\">\n<div class=\"panel\">\n<div class=\"panel-body\">\n<div id=\"bodyContent\">\n<div id=\"mw-content-text\" lang=\"en\" dir=\"ltr\" class=\"mw-content-ltr\">\n<div class=\"floatright\"><a href=\"https:\/\/wikieducator.org\/File:Inventing_the_wheel.png\" class=\"image\"><img loading=\"lazy\" decoding=\"async\" alt=\"Inventing the wheel.png\" src=\"\/\/wikieducator.org\/images\/thumb\/5\/54\/Inventing_the_wheel.png\/200px-Inventing_the_wheel.png\" width=\"200\" height=\"227\" class=\"img-responsive\"><\/a><\/div>\n<p>Innovative business ideas are numerous. Innovation is not a new concept either &#8211; after all, someone invented the wheel! Though actually the innovative bit was the wheel-and-axle concept<sup id=\"cite_ref-1\" class=\"reference\"><a href=\"#cite_note-1\">[1]<\/a><\/sup>.\n<\/p>\n<p>Think about <a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/www.amazon.com\/\">Amazon<\/a> where you can now buy almost anything, <a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/www.airbnb.com\/\">AirBnB<\/a> for people to let out their spare room, or <a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/www.netflix.com\">Netflix<\/a> for changing the way we view movies and TV shows.<br style=\"clear:both;\">\n<\/p>\n<p>\n<\/p>\n<div class=\"panel iDevice\">\n\t<div class=\"panel-heading idevice-heading\">\n\t\t<div>\n\t\t\t<img decoding=\"async\" class=\"pedagogicalicon\" alt=\"web resources\" src=\"https:\/\/course.oeru.org\/ient101\/wp-content\/themes\/oeru_course\/idevices\/Icon_inter.png\">\n\t\t<\/div>\n\t\t<div>\n\t\t\t<h2>Resource bank activity<\/h2>\n\t\t<\/div>\n\t<\/div>\n\t<div class=\"panel-body\">\n\t\t<div class=\"col-md-12\">\n\t\t\t<\/p>\n<ul>\n<li> For this activity, you need to register after clicking the quicklink below\n<\/li>\n<li> Undertake a web search for an innovative business idea.\n<\/li>\n<li> Add the link to the <a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/bookmarks.oeru.org\/tags.php\/ient101\">resource bank<\/a> and remember to mark it &#8220;Public&#8221; so others can see the link.\n<\/li>\n<li> Provide reasons why the concept is innovative within the respective business context.\n<\/li>\n<li> Ensure you add the tag &#8220;IENT101&#8221; to your entry.\n<\/li>\n<li> When you have made your entry, look at those made by others. Vote up the five entries you think are the best innovative ideas.\n<\/li>\n<\/ul>\n<div style=\"margin: 2ex; width: 100%;\">\n<hr width=\"25%\"><small>The resource bank is hosted at <a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/bookmarks.oeru.org\/\">bookmarks.oeru.org<\/a>. The system uses tags to search for related resources. Log in and vote for resources you find useful. Please use the following tags for this activity:<br \/><font color=\"green\">Required tags: <\/font>: <b>IENT101<\/b><br \/><font color=\"green\">Suggested tags: <\/font>: <b>innovation, entrepreneur<\/b> (or other descriptive tag(s))<br \/><font color=\"green\">Quicklink: <\/font>: <a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/bookmarks.oeru.org\/tags.php\/IENT101\">IENT101<\/a><br \/>\n<\/small><\/div>\n<p>\n<\/p>\n<p>\n\t\t<\/div>\n\t<\/div>\n<\/div>\n<p>\n<\/p>\n<p>\n<\/p>\n<div id=\"WEnote\" class=\"panel iDevice\">\n\t<div class=\"panel-heading idevice-heading\">\n\t\t<div>\n\t\t\t<img decoding=\"async\" class=\"pedagogicalicon\" alt=\"activity\" src=\"https:\/\/course.oeru.org\/ient101\/wp-content\/themes\/oeru_course\/idevices\/Icon_activity.png\">\n\t\t<\/div>\n\t\t<div>\n\t\t\t<h2>WEnote<\/h2>\n\t\t<\/div>\n\t<\/div>\n\t<div class=\"panel-body\">\n\t\t<div class=\"col-md-12\">\n\t\t\t<\/p>\n<p>From the innovative business ideas shared in the resource bank, identify one that would not be successful in your own country \/ context and explain why.\n<\/p>\n<p>Post your comment(s) below and then look on the <a href=\"\/ient101\/interactions\/course-feed\" title=\"Introduction to entrepreneurship\/IENT101\/Feed\">course feed page<\/a> to see what others have posted.<\/p>\n<p><div><p>You must be logged in to post to WEnotes.<\/p><\/div><br \/>\nIf you prefer you can create a post on your learning journal blog. Be sure to label or tag your post IENT101.<br \/><i>Note: Your comment will be displayed in the <a href=\"\/ient101\/interactions\/course-feed\" title=\"Introduction to entrepreneurship\/IENT101\/Feed\">course feed<\/a>.<\/i><\/p>\n<p>\n<\/p>\n<p>\n\t\t<\/div>\n\t<\/div>\n<\/div>\n<p>\n<\/p>\n<p><b>References<\/b>\n<\/p>\n<ol class=\"references\">\n<li id=\"cite_note-1\"><span class=\"mw-cite-backlink\"><a href=\"#cite_ref-1\">\u2191<\/a><\/span> <span class=\"reference-text\"><a rel=\"nofollow\" class=\"external text\" href=\"http:\/\/www.livescience.com\/18808-invention-wheel.html\">Live Science<\/a><\/span>\n<\/li>\n<\/ol>\n<p><!-- \nNewPP limit report\nCPU time usage: 0.077 seconds\nReal time usage: 0.089 seconds\nPreprocessor visited node count: 265\/1000000\nPreprocessor generated node count: 1175\/1000000\nPost\u2010expand include size: 9217\/2097152 bytes\nTemplate argument size: 4242\/2097152 bytes\nHighest expansion depth: 8\/40\nExpensive parser function count: 0\/100\n--><\/p>\n<p><!-- Saved in parser cache with key we_en-mw_:pcache:idhash:181242-0!*!0!*!*!2!* and timestamp 20230222160119 and revision id 1055224\n -->\n<\/div>\n<div class=\"visualClear\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-12\">\n<ul class=\"pager\">\n<li class=\"previous\">\n            <a href=\"\/ient101\/learning-pathways\/the-nature-of-entrepreneurship\/creativity-and-innovation\">\u2190 Previous<\/a>\n          <\/li>\n<li class=\"next\">\n            <a href=\"\/ient101\/learning-pathways\/the-nature-of-entrepreneurship\/risk-and-reward\">Next \u2192<\/a>\n          <\/li>\n<\/ul><\/div>\n<\/p><\/div>\n<div id=\"wenote-ids\"><script type='text\/javascript' id='wenotes-ids'>\n    var WEnotesSite = \"https:\/\/wikieducator.org\";\n    var WEnotesPath = \"\/Introduction_to_entrepreneurship\/IENT101\/Nature\/Innovative_businesses\";\n    var WEnotesSiteID = \"0e3d258fbd36841f92259eefcd41d5e9\";\n    var WEnotesPathID = \"6b2440e6c9d2f75ccf4d5ac0b418185b\";\n    var WEnotesIDs = { site: \"https:\/\/wikieducator.org\", path: \"\/Introduction_to_entrepreneurship\/IENT101\/Nature\/Innovative_businesses\", site_id: \"0e3d258fbd36841f92259eefcd41d5e9\", path_id: \"6b2440e6c9d2f75ccf4d5ac0b418185b\" };\n<\/script><\/div>\n<\/div>\n<footer><\/footer>\n","protected":false},"excerpt":{"rendered":"<p>Innovative business ideas are numerous. Innovation is not a new concept either &#8211; after all, someone invented the wheel! Though actually the innovative bit was the wheel-and-axle concept[1]. Think about Amazon where you can now buy almost anything, AirBnB for people to let out their spare room, or Netflix for changing the way we view [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":5089,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-5099","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/course.oeru.org\/ient101\/wp-json\/wp\/v2\/pages\/5099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/course.oeru.org\/ient101\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/course.oeru.org\/ient101\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/ient101\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/ient101\/wp-json\/wp\/v2\/comments?post=5099"}],"version-history":[{"count":1,"href":"https:\/\/course.oeru.org\/ient101\/wp-json\/wp\/v2\/pages\/5099\/revisions"}],"predecessor-version":[{"id":5100,"href":"https:\/\/course.oeru.org\/ient101\/wp-json\/wp\/v2\/pages\/5099\/revisions\/5100"}],"up":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/ient101\/wp-json\/wp\/v2\/pages\/5089"}],"wp:attachment":[{"href":"https:\/\/course.oeru.org\/ient101\/wp-json\/wp\/v2\/media?parent=5099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}