0% found this document useful (0 votes)
69 views

Ge Elec 2 Report

Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
69 views

Ge Elec 2 Report

Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 84

REVIEW ON

ENTREPRENEURSHIP
AND BASIC
CONCEPTS OF
TECHNOPRENEURSHIP
ALVAREZ, CELINO, FRONDA, GARCIA, LAGONILLA,
MARTINEZ, MAGLALANG, SANTOS
1 2 3

Define Explain the List basic concepts


differences associated with
entrepreneurship
between entrepreneurship
and
entrepreneurship and
technopreneurship.
and technopreneurship.
technopreneurship.

OBJECTIVES
WHAT IS
ENTREPRENEURSHIP?

MARJORIE B. MARTINEZ & LIBERTY T. GARCIA


CONCEPT OF
ENTREPRENEURSHIP
Entrepreneurship is the ability and
readiness to develop, organize and run a
business enterprise, along with any of its
uncertainties in order to make a profit.
CONCEPT OF
ENTREPRENEURSHIP
The entrepreneurial vision is defined by
discovery and risk-taking and is an
indispensable part of a nation’s capacity
to succeed in an ever-changing and
more competitive global marketplace.
MEANING OF
ENTREPRENEUR
The entrepreneur is defined as someone
who has the ability and desire to
establish, administer and succeed in a
startup venture along with risk entitled to
it, to make profits.
WHAT ARE THE
TYPES OF
ENTREPRENEURSHIP?
TYPES OF
ENTREPRENEURSHIP
1. Small Business Entrepreneurship -
These businesses are a hairdresser,
grocery store, travel agent,
consultant, carpenter, plumber,
electrician, etc.
TYPES OF
ENTREPRENEURSHIP
2. Scalable Startup Entrepreneurship -
This start-up entrepreneur starts a
business knowing that their vision can
change the world.
TYPES OF
ENTREPRENEURSHIP
3. Large Company Entrepreneurship -
These huge companies have defined
life-cycle.
TYPES OF
ENTREPRENEURSHIP
4. Social Entrepreneurship -
This type of entrepreneurship focuses
on producing product and services
that resolve social needs and
problems.
WHY BECOME AN
ENTREPRENEUR?
WHY BECOME AN
ENTREPRENEUR?
• Be your own boss.
• Create a new product or service.
• Build your own schedule and work from
anywhere.
WHAT ARE THE
CHARACTERISTICS OF
SUCCESSFUL
ENTREPRENEURS?
CHARACTERISTICS OF
ENTREPRENEURS
• Ability to take a risk -
Starting any new venture
involves a considerable
amount of failure risk.
CHARACTERISTICS OF
ENTREPRENEURS
• Innovation - It should be highly
innovative to generate new
ideas, start a company and earn
profits out of it.
CHARACTERISTICS OF
ENTREPRENEURS
• Visionary and Leadership
quality - To be successful, the
entrepreneur should have a clear
vision of his new venture.
CHARACTERISTICS OF
ENTREPRENEURS
• Open-Minded - In a business,
every circumstance can be an
opportunity and used for the
benefit of a company.
CHARACTERISTICS OF
ENTREPRENEURS
• Flexible - An entrepreneur should
be flexible and open to change
according to the situation.
CHARACTERISTICS OF
ENTREPRENEURS
• Know your Product - A company
owner should know the product
offerings and also be aware of the
latest trend in the market.
IMPORTANCE OF
ENTREPRENEURSHIP
IMPORTANCE OF
ENTREPRENEURSHIP:
• Creation of Employment
• Innovation
• Impact on Society and Community
Development
• Increase Standard of Living
• Supports research and development
MAKE YOUR
ENTREPRENEURSHIP
DREAMS A REALITY.
PHILIPPINE
BUSINESS
LANDSCAPE
NIÑA SANDRA FRONDA
SMALL AND MEDIUM
ENTERPRISES (SME)
SMALL and medium enterprises (SMEs)
serve as the driving force of a country’s
economic growth. This is mainly because
they make up a large part of the business
landscape in certain countries, especially
in Asia.
MICRO, SMALL AND MEDIUM
ENTERPRISES (MSME)
Categorize according to The Department of Trade and Industry

Micro Enterprises Small Enterprises


P 3,000,000 or less in assets P 3,000,001 to P15,000,000 in assets
1 - 9 employees 10 - 99 employees

Medium Enterprises Medium Enterprises


P15,000,001 to P100,000,000 in assets P100,000,001 or more in assets
100 - 199 employees 200 or more employees
In the Philippines, there are 4,769 large
enterprises, 106,175 small enterprises,
4,895 medium enterprises and a
whopping 887,272 units of micro business
establishments. SMEs alone have
managed to create over 2.5 million jobs in
the country.
In the study of cybersecurity firm
Kaspersky with 1,618 respondents, 42%
have encountered scams via text or calls,
about 37% have encountered pishing
scams, and 35% received fake offers and
deals.
ENTREPRENEURSHIP
AND
TECHNOPRENEURSHIP
SHAINA MAE CELINO
ENTREPRENEUR
An entrepreneur is someone with
exceptional personality
characteristics and capabilities that
take risks and invests resources to
make something unique.
ENTREPRENEURSHIP
Entrepreneurship refers to the
process of identifying, creating,
and pursuing opportunities to
develop new businesses, products,
services, or solutions.
STAGES OF
ENTREPRENEURSHIP
1 Idea Generation
2 Opportunity Recognition
3 Business Planning
4 Resource Acquisition
5 Implementation
TECHNOPRENEUR
A technopreneur is an entrepreneur
who is technologically intelligent,
creative, innovative, passionate,
dares to be different and take the
untried path, and is very passionate
about their creation.
TECHNOPRENEURSHIP
refers to the practice of leveraging
technology and innovation to create and
develop new businesses, products, or
services. It encompasses the
entrepreneurial mindset and activities
applied specifically within the realm of
technology-driven ventures.
STAGES OF
TECHNOPRENEURSHIP
1 Idea Generation
2 Feasibility Analysis and Validation
3 Business Planning
4 Product/Service Creation
5 Market Entry and Innovation
KEY DIFFERENCES
BETWEEN
ENTREPRENEUR AND
TECHNOPRENEUR
Technology-focused

ENTREPRENEUR TECHNOPRENEUR

focused on leveraging
Utilizing technology may note technology as a core
be their primary focus. aspect of their
ventures
Industry-specific
knowledge
ENTREPRENEUR TECHNOPRENEUR

typically possess industry- requires deep expertise in


technology-related fields,
specific knowledge relevant to such as software
their chosen business sectors. development, engineering,
data science, etc.
Funding

ENTREPRENEUR TECHNOPRENEUR
They may seek funding from
personal savings, loans, angel specialized technology-
focused investors,
investors, venture capitalists, or government grants, or
crowdfunding platforms. venture capital firms with a
focus on tech startups.
Scaling

ENTREPRENEUR TECHNOPRENEUR

may involve expanding their leverage scalable


technology platforms
operations
Innovation

ENTREPRENEUR TECHNOPRENEUR
Entrepreneurial innovation is Technopreneurs leverage
often about finding creative technology as a core
solutions to problems or component of their
business model or
identifying unmet needs in the product/service
market. offering.
KEY SIMILARITIES
BETWEEN
ENTREPRENEUR AND
TECHNOPRENEUR
Innovation
Both entrepreneurs and
technopreneurs are
driven by a spirit of
innovation and
creativity.
Risk-taking
Entrepreneurs and
technopreneurs share
a willingness to take
risks and embrace
uncertainty in pursuit
of their goals.
Vision
Entrepreneurs and
technopreneurs
possess a clear vision
for the future of their
ventures.
Adaptability
Both entrepreneurs and
technopreneurs
demonstrate adaptability
and flexibility in response
to changing market
dynamics, technological
advancements, and
unforeseen challenges.
CYBERPRENEURSHIP
SHEENA BELYN ALVAREZ
CYBERPRENEURSHIP
It is a step or a way to promote a
product/service via internet technology.
They leverage online tools like electronic
brochures, social media for marketing, e-
commerce platforms for sales, and data
analytics for customer insights to succeed
in digital age.
SUCCESS FACTORS
FOR
CYBERPRENEURSHIP
IN TODAY'S WORLD
1. COST-EFFICIENCY IN E-BUSINESS
2. ENHANCED GOVERNMENT
PERFORMANCE
3. COMMUNITY BENEFITS IN E-
HEALTH AND E-EDUCATION
4. EMPOWERED CONSUMERS
WHAT ARE THE
VARIOUS ONLINE
MARKETING
STRATEGIES?
People use different methods to promote
their businesses online. Some focus on
improving their website's visibility in
search engines (SEO), others earn money
by promoting products for companies
(Affiliate), and some make money by
displaying ads on their websites
(Adsense).
ADVANTAGES OF
INTERNET AS A
MEDIUM
A. NO MORE DISTANCE
B. EFFICIENT
C. ENHANCE BUSINESS
COMPETITIVENESS
AREAS OF
CYBERPRENEURSHIP
1. DIGITAL INFORMATION
2. PHYSICAL PRODUCTS
3. BRAND BUILDER
4. SPONSORSHIPS
5. CONSULTANCY AND SERVICES
HIGH
TECHNOLOGY
INDUSTRIES
HIGH TECHNOLOGY INDUSTRY MEANS
ENTITIES DOING BUSINESS IN THE
COMPUTING, ELECTRONIC COMPONENTS,
TELECOMMUNICATIONS (INCLUDING
CELLULAR) EQUIPMENT, NETWORKING
EQUIPMENT AND/OR CONSUMER
ELECTRONICS MARKETS.
The high technology industry is leading
the way in an era of transformation that
experiences a century’s worth of progress
BRIEF OVERVIEW crammed into every decade. It is the
catalyst driving innovation across every
OF THE HIGH industry from agriculture to utilities. New
TECHNOLOGY generations of technology
continuously evolved supported by a
have

INDUSTRY healthy venture capital market willing to


take the risk. Now, the industry is
becoming polarized by leading platform
players from mobile, cloud, social, and
smart connected devices.
According to McKinsey, more than 30 percent of global
economic activity—some US$60 trillion—could be mediated by
digital platforms before 2025. To be successful, high technology
companies must either lead a platform or tie their products to a
leading platform.
As the industry evolves, new challenges and
opportunities are pushing high technology companies to
reinvent their products, business models and processes,
and engagement tactics with customers, partners, and
their entire ecosystem. To thrive in the future, successful
high technology companies will build their businesses
around their customers—with an ability to continuously
respond and adapt to changing needs—by creating a
digitally connected enterprise that uses data to turn
insight into action across the business in real time.
EXAMPLES
OF HIGH
TECHNOLOGY
INDUSTRIES
PHARMACEUTICAL

INDUSTRY
MEDICAL DEVICE
MANUFACTURING
AUTOMOTIVE
MANUFACTURING
EXAMPLES OF EMERGING
TECHNOLOGIES

• BLOCK CHAIN
• INTERNET OF THINGS
(IOT)
•MACHINE LEARNING
IMPACTS, CHALLENGES,
AND OPPURTUNITIES OF
HIGH TECH INDUSTRY
LLOYD LAGONILLA
DISCUSSANT
HEALTHCARE
IMPACTS
Improved patient care through telemedicine, remote monitoring, and
personalized medicine.

Enhanced diagnostic accuracy and treatment outcomes with the


use of AI and machine learning.

Streamlined administrative processes and better resource allocation


through health information technology (HIT) systems.
HEALTHCARE
CHALLENGES
Privacy and security concerns regarding patient data in digital health
systems.

Integration of new technologies with existing healthcare infrastructure.

Access and affordability issues, especially in rural and underserved


areas.

Resistance to change among healthcare professionals and patients.


MANUFACTURING
IMPACTS
Increased efficiency and productivity through automation, robotics,
and smart manufacturing technologies.

Customization and rapid prototyping enabled by additive


manufacturing (3D printing).

Enhanced supply chain management and logistics with IoT-enabled


devices and real-time data analytics.
MANUFACTURING
CHALLENGES
Workforce displacement due to automation and the need for
upskilling and retraining.

Initial investment costs for implementing advanced manufacturing


technologies.

Cybersecurity risks associated with interconnected systems and IoT


devices.
AGRICULTURE
IMPACTS
Precision agriculture techniques such as drones and sensors for
optimizing resource use (water, fertilizers, pesticides).

Improved crop yields and quality through genetic engineering and


biotechnology.

Enhanced farm management and decision-making with data


analytics and farm management software.
AGRICULTURE
CHALLENGES
Access to technology and digital infrastructure in rural and remote
farming communities.

Environmental concerns and potential risks associated with


genetically modified organisms (GMOs) and agrochemicals.

Socio-economic implications of technological advancements on


small-scale farmers and rural economies.
EDUCATION
IMPACTS
Online learning platforms and digital resources increase access to
education for learners in remote or underserved areas.

Flexible learning formats such as asynchronous courses


accommodate diverse schedules and learning styles.

Virtual reality (VR) and augmented reality (AR) technologies offer


immersive educational experiences regardless of physical location.
EDUCATION
CHALLENGES
DIGITAL DIVIDE
Disparities in access to technology and reliable internet
connectivity limit the effectiveness of online learning initiatives,
particularly in rural and low-income communities.

Socio-economic factors contribute to unequal access to devices,


software, and digital literacy skills, exacerbating educational
inequalities.
JOB CREATION &
ECONOMIC
GROWTH OF HIGH
TECH INDUSTRIES
High tech industries are characterized by rapid technological
advancements and continuous innovation, creating demand for
skilled workers to develop, implement, and maintain new
technologies and products.

High tech industries foster entrepreneurship and startup activity,


leading to the creation of new ventures, businesses, and job
opportunities. Startup ecosystems in areas such as software
development, biotechnology, fintech, and renewable energy offer
opportunities for founders, employees, and investors to participate
in innovation-driven enterprises.
High tech industries often operate in global markets, competing for
talent, customers, and market share on an international scale. This
global competitiveness drives companies to invest in talent
acquisition, workforce development, and skills training to maintain
their competitive edge, creating job opportunities for skilled
professionals domestically and internationally.
THANK YOU FOR
LISTENING!

You might also like