Businesses in Australia and Entrepreneurship (VCE SSCE Business Management): Flashcards

Ability to think creatively & develop innovative solutions

Person who establishes business, accepts risks, earns rewards

New businesses provide employment opportunities

Expands range of goods/services, improves choice & competition

Up to 50% of eligible project costs

Businesses must provide 50% matching funding

Accelerate journey from idea to market-ready product

Automated method for rapidly producing 3D printed implants

Entrepreneurs bridge innovative ideas & commercial reality

Process of bringing innovation to market as viable product