Q1: Explain the process (only headings and one or two-line answer) of idea generation entrepreneurship?

1. Problem Identification: Identify a problem or opportunity in the market.
2. Research: Conduct market research to understand the problem and potential solutions.
3. Brainstorming: Generate ideas through creative thinking and collaboration.
4. Evaluation: Evaluate each idea based on feasibility, market demand, and potential for success.
5. Selection: Choose the most promising idea to pursue further development.
6. Validation: Test the idea with potential customers to gather feedback and make necessary adjustments.

Idea Generation Process in Entrepreneurship

1. Ideation: Brainstorming, research, and observation to generate potential ideas.
2. Screening: Filtering ideas based on criteria such as feasibility, desirability, and competitive advantage.
3. Incubation: Developing and refining ideas through research, experimentation, and feedback.
4. Evaluation: Assessing the potential of ideas through market research, analysis, and validation.
5. Selection: Choosing the most promising idea for further development.