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A person who owns and runs their own business and takes risks.
Another word for businesses.
A willingness by an individual or a business to take risks, show initiative and undertake new ventures.
The chance or damage or loss occurring as a result of making a decision.
Physical, tangible products like a car, a pair of scissors or a television set.
Non-physical, intangible products like a taxi journey, a haircut or a television programme.
Thinking creatively (or creative thinking)
Coming up with new and unique ideas.
The intentional creation of new ideas through recognised and accepted techniques.
Thinking differently to try and find new and unexpected ideas.
Blue skies thinking
A technique of creative thinking where participants are encouraged to think or as many ideas as possible about an issue or a problem.
The discovery or new processes and potential new products, typically after a period of research.
The process of transforming inventions into products that can be sold to customers.
Right or ownership of an invention or process when it is registered with the government.
Legal ownership of material such as books, music and films which prevents these being copied by others.
The symbol, sign, or other features of a product or business that can be protected in law.
The probability of a negative event occurring.
The disadvantages of a course of action, including what can go wrong.
The advantages of a course of action, including what can go right.
In business, being very motivated.
Is a diagram that is used to record words and ideas and connected to a central word or idea.