Home » Innovation & Entrepreneurship - From Basics to Open Innovation » What is the relationship between innovation and entrepreneurship? What is the relationship between innovation and entrepreneurship? 4. Question 4 What is the relationship between innovation and entrepreneurship? 1 point They are actually not really related, but can be seen as independent from each other. Entrepreneurship takes innovation and turns it into a tangible opportunity or business. Innovations always leads to entrepreneurship. Entrepreneurship is always based on innovation. Other Questions Of This Category Which of the following are key elements of the definition of entrepreneurship given by Mark Coopersmith?What is a unicorn in the startup and business context?What is the definition of a market segment according to the definition given?In the innovation portfolio matrix, how do we measure types of projects?Which of the following are key elements of the definition of innovation given by Mark Coopersmith?Where can innovation come from?What are the three types of innovation?Why can we consider failure to be an asset or strategic resource?Which is the smallest?What is the startup advantage?What is a persona?What is the average current (2015) lifespan of a US Fortune 500 company?What does TAM SAM SOM stand for?Which of the below are part of TGDIYCMN?When would you pivot?