{"id":212,"date":"2014-11-21T09:07:14","date_gmt":"2014-11-21T14:07:14","guid":{"rendered":"https:\/\/www.bowditch.com\/bowditchrealestateblog\/?p=212"},"modified":"2020-07-31T13:26:53","modified_gmt":"2020-07-31T13:26:53","slug":"innovative-entrepreneurship-or-entrepreneurial-innovation","status":"publish","type":"post","link":"https:\/\/www.bowditch.com\/bowditchrealestateblog\/2014\/11\/21\/innovative-entrepreneurship-or-entrepreneurial-innovation\/","title":{"rendered":"Innovative Entrepreneurship or Entrepreneurial Innovation?"},"content":{"rendered":"<p><a href=\"https:\/\/www.bowditch.com\/lawyers\/paul-c-bauer\" target=\"_blank\" rel=\"noopener noreferrer\">Paul C. Bauer<\/a> &#8211; Our region is invigorated with entrepreneurism and innovation.\u00a0 The past two evenings I have attended events marking entrepreneurism.\u00a0 Wednesday night, the <a href=\"http:\/\/bostonchamber.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Greater Boston Chamber of Commerce<\/a> with <a href=\"http:\/\/www.babson.edu\/Pages\/default.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">Babson College<\/a> hosted an event in Boston\u2019s Innovation District \u201c<a href=\"http:\/\/entrepreneurshipofallkinds.org\/boston2014\/\" target=\"_blank\" rel=\"noopener noreferrer\">Celebrating Entrepreneurship of All Kinds<\/a>.\u201d\u00a0 Featured innovation stories included <a href=\"http:\/\/smbinnoloft.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Constant Contact\u2019s Innovation Jams and Innovation Loft<\/a>, <a href=\"https:\/\/www.nurturyboston.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">Nurtury\u2019s early learning programs<\/a> for working families and kids, the <a href=\"https:\/\/www.societyofgrownups.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Society for Grownups<\/a> financial education programs for Millennials, startup <a href=\"http:\/\/www.bridj.com\/#home\" target=\"_blank\" rel=\"noopener noreferrer\">Bridj<\/a>, using technology to provide faster mass transportation alternatives, and <a href=\"http:\/\/disruptingmedicine.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">Brigham and Women\u2019s Hospital\u2019s Innovation Hub<\/a> that takes innovations to market.<\/p>\n<p>Continuing the theme, last night I attended an open house for <a href=\"http:\/\/www.framingham.edu\/innovation-center\/\" target=\"_blank\" rel=\"noopener noreferrer\">Framingham State University\u2019s Entrepreneur Innovation Center<\/a>.\u00a0<a href=\"http:\/\/www.sushilbhatia.com\/aboutsushil.htm\" target=\"_blank\" rel=\"noopener noreferrer\">Dr. Sushil Bhatia<\/a> spoke memorably about his inventions including Glue Stic, unique convention\/seminar name badges, mailing labels, laser\/copier labels, binding systems and electro-sensitive paper as well as the power of laughter.<\/p>\n<p>Thoroughly motivational events, they got me wondering about the seemingly interchangeable use of the words \u201centrepreneurism\u201d and \u201cinnovation.\u201d\u00a0 Do these words have the same meaning?\u00a0 Does it matter which word we use?\u00a0 The essence of the dictionary definition of \u201centrepreneurism\u201d is the organization of any enterprise with considerable initiative and risk.\u00a0 \u201cInnovation,\u201d on the other hand is defined as the introduction of something new.\u00a0 These words are interrelated, but definitely different.\u00a0 An entrepreneur might start a new business and succeed without innovation and innovation occurs all the time without entrepreneurship.<\/p>\n<p>At the same time, innovators and entrepreneurs share the great risk of the investment of time in an enterprise (an innovation or business) that may well fail.\u00a0 We are blessed in this region to have a magnificent entrepreneurial spirit, engendered by educational institutions and culture AND innovative horse power that keeps even our largest institutions evolving.\u00a0 Maintaining and fostering this willingness to risk the precious commodity of time that is required for entrepreneurism and innovation is no simple task.\u00a0 We must insist on appropriate public backing and truly supportive, clear, and fair rules while pushing our institutions to continue to innovate rather than growing defensively protective of an increasingly vulnerable status quo in a rapidly changing economic and technological environment.\u00a0 Only in this way can we ensure that we retain our leading edge in intellectual capital.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paul C. Bauer &ndash; Our region is invigorated with entrepreneurism and innovation.&nbsp; The past two evenings I have attended events marking entrepreneurism.&nbsp; Wednesday night, the Greater Boston Chamber of Commerce with Babson College hosted an event in Boston&rsquo;s Innovation District &ldquo;Celebrating Entrepreneurship of All Kinds.&rdquo;&nbsp; Featured innovation stories included Constant&hellip;<\/p>\n","protected":false},"author":6,"featured_media":214,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false,"_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Innovative Entrepreneurship or Entrepreneurial Innovation? - Commercial Real Estate Insight &amp; News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bowditch.com\/bowditchrealestateblog\/2014\/11\/21\/innovative-entrepreneurship-or-entrepreneurial-innovation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Innovative Entrepreneurship or Entrepreneurial Innovation? - Commercial Real Estate Insight &amp; News\" \/>\n<meta property=\"og:description\" content=\"Paul C. Bauer &ndash; Our region is invigorated with entrepreneurism and innovation.&nbsp; The past two evenings I have attended events marking entrepreneurism.&nbsp; Wednesday night, the Greater Boston Chamber of Commerce with Babson College hosted an event in Boston&rsquo;s Innovation District &ldquo;Celebrating Entrepreneurship of All Kinds.&rdquo;&nbsp; Featured innovation stories included Constant&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bowditch.com\/bowditchrealestateblog\/2014\/11\/21\/innovative-entrepreneurship-or-entrepreneurial-innovation\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Real Estate Insight &amp; News\" \/>\n<meta property=\"article:published_time\" content=\"2014-11-21T14:07:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-07-31T13:26:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bowditch.com\/bowditchrealestateblog\/wp-content\/uploads\/sites\/4\/2014\/11\/100iStock_000046776106Large.gif\" \/>\n\t<meta property=\"og:image:width\" content=\"100\" \/>\n\t<meta property=\"og:image:height\" content=\"92\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/gif\" \/>\n<meta name=\"author\" content=\"Paul C. 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