Creativity an Inovation

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  • 8/2/2019 Creativity an Inovation

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    Source: Essentials of entrepreneurship and small business management- Zimmerer T., and Scarborough

    N., 4th

    ed. pp: 35-40

    Relationship of creativity and innovation and use of right and left brain reflected

    in behavior in these two activities of a person or a group. Creativity is the ability to develop new ideas (conceptual phase) and to discover new ways of looking at

    problems and opportunities, whereas Innovation is the ability to apply (behavioral phase) creative

    solutions to those problems and opportunities to enhance or to enrich peoples lives.

    Creativity is thinking new things, and innovation is doing new things. As per Peter Drucker, Innovation

    is the specific instrument of entrepreneurs, the means by which they exploit change as an opportunity

    for a different business or a different service.

    From entrepreneurs point of view, creativity and innovation is an essential part of their success in long

    term or sustainability or gaining competitive edge over their rivals- by thinking and doing new things or

    old things in a new ways. For them, having a great idea does not work out, until that idea should be

    transformed into a tangible product, service, or business venture. Thus, entrepreneurs are those who

    connect their creative ideas with the purposeful action and structure of a business and entrepreneurshipis the result of a disciplined, systematic process of applying creativity and innovation to needs and

    opportunity in the marketplace.

    For being creative, it is very important for entrepreneurs to come out of self imposed mental constraints

    (traditional assumption) and other paradigms that help them to remain within comfort zone. Analyzing

    the human brain, it is found that our brain develops asymmetrically, and each hemisphere tends to

    specialize in certain functions. Each hemisphere processes information differently and that one side

    dominates over the other.

    The left brain is guided by linear, vertical thinking (from one logical conclusion to the next) whereas the

    right-brain is relies on kaleidoscopic, lateral thinking (considering a problem from all sides and jumping

    into it at different points- unstructured) and intuition. The left brain handles languages, logic, and

    symbols; the right-brain takes care of the bodys emotional, intuitive and spatial functions. The left brain

    processes information in a step-by-step fashion, but the right-brain processes it intuitively-all at once,

    relying heavily on images.

    Left-brain vertical thinking is narrowly focused and systematic, proceeding in a highly logical fashion

    from one point to the next. Right-brain lateral thinking, on the other hand, is somewhat unconventional,

    unsystematic, and unstructured, much like the image of a kaleidoscope, whirling around to form one

    pattern after another. It is the right-brain-driven, lateral thinking that lies at the heart of the creative

    process.

    Entrepreneurship requires both left-and right-brain thinking. Right-brain thinking draws on the power of

    divergent reasoning, which is the ability to create a multitude or original, diverse ideas. Left-brain

    thinking counts on convergent reasoning, the ability to evaluate multiple ideas and choose the best

    solution to a given problem. Entrepreneurs need to rely on right-brain thinking to generate innovative

    product, service, or business ideas. Then they must use left-brain thinking to judge the market

    potential of the ideas they generate.