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TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP

ENTREPRENEUR vs TECHNOPRENEUR
• Working professionals
wanting to earn from
the side

• Home-based
individuals wanting to
earn on their own

• Desire to earn full-

time online

• Quick-fix income
online

TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP

ENTREPRENEUR vs TECHNOPRENEUR Entrepreneur

• refers to a person who strongly advocates and correctly practices the concepts
• an entrepreneur is an • a person who is engaged and principles of entrepreneurship in operating and managing the self-owned
individual who in technopreneurship entrepreneurial venture
establishes and creates a product or
manage a business for solution that uses • A person who always finds out the opportunities and converts it into reality in
the principal purposes technological solutions to the form of products and services to maximize profit and develop their business
of profit and growth change the way of doing
something in an orthodox • It is characterized principally by innovative behavior, and employs strategic
• It is characterized way management practices in the business
principally by
innovative behavior,
• people who enter into new and pioneering ventures
and employs strategic
(Source: Federico Gonzalez, President PESO Inc.)
management practices
in business
• is whole-brained, meaning he/she uses both the left brain (logical) and right
brain (creative) (Source: Federico Gonzalez, President PESO Inc.)

TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP

Entrepreneurship
• the ability and willingness to develop, organize and manage a business
venture along with any of its risks in order to make a profit

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Technopreneur Meaning and Definition Technopreneurship

• a person who is engaged in technopreneurship creates a product or • In an intensive context, this is not a product but a procedure of synthesis to
solution that uses technological solutions to change the way of doing improve and create innovate the future of a person, a nation, and the globe as
something in an orthodox way a whole. In this digital world, professional development programs, as well as
training, have required to succeed in a knowledge-based society. They produce
various strategic thinkers who have the relevant skills and talent to grab success
in a changing global atmosphere at a fast pace.

• Property has achieved through technology and accurate entrepreneurial skills.

Some examples of successful technopreneurs are Bill Gates (Microsoft), Sergey
Brin and Larry Page (Google), Jack Dorsey (Twitter), Steve Jobs (Apple), Kevin
Systrom (Instagram), and so on.

TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP

What is Technopreneurship? What is Technopreneurship?

• As it is hinted by the term, it is a blend of two words such as “technology” and • High tech ventures in ICT, electronics, internet, life sciences and biotech.
“Entrepreneurship”. Thoroughly, it is a kind of entrepreneurship in the field of
technology. The process of technopreneurship is a combination of technological • Service firms where technology is critical to their mission, such as: e-Bay,
advancements and entrepreneurial skills. In the products and services FEDEX, SMART money transfer, e-learning
transformation, an integral part of technopreneur is technology.
• Technopreneurship is entrepreneurship in the field of technology.
• This is a new breed in the field of entrepreneurship. These types of
entrepreneurship are suitable for a person who is intelligent, innovative, tech-
savvy, appetite, and passionate in the calculation of risk. Technopreneurship
gets to the next level of success through teamwork.

TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP

What is Technopreneurship? Technopreneurship Trilogy

• According to Blanco 2007, “Technopreneurship comprises identifying modern
technologies and even creation of technological opportunities by the
presentation of commercial products and services.”

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Importance of Technopreneurship Importance of Technopreneurship

• Employment creation/creating employment opportunities • Employment creation/creating employment opportunities

• Local resources When startup businesses, then there is an increase in the pool of job
• Business decentralization and diversification opportunities as they need manpower to run all business operations. In the
• Promotion of technology/Technological Advancement same way, technopreneurship creates jobs and helps the nation to combat the
• Capital formation problem of unemployment. It increases the employment rate of an economy.
• Promotion of an entrepreneurial culture/entreprenuerial activities

TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP

Importance of Technopreneurship Importance of Technopreneurship

• Local Resources • Business diversification and decentralization

Various natural and productive resources are available that every An Entrepreneur can find out the business opportunities and locate them
entrepreneur can utilize for business success. The usage of local resources in areas that are suitable including remote areas
increases its value and reduces the rate of resource wastage.

TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP

Importance of Technopreneurship Importance of Technopreneurship

• Promotion of technology/ Technological Advancement • Capital Formation

By being a creative and innovative technopreneur, they play an important Investment is an integral part of a business and an Entrepreneur requires
role in the field of utilization as well as the development of technology. funds to start up and take their business to the new heights. They take
financial assistance from the investors and financiers and utilize the public
savings that lead to economic development.

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Importance of Technopreneurship The Main Focus of Technopreneruship

• Hi-tech ventures in Information and Communication Technology, the internet,
• Promotion of an entrepreneurial culture/entrepreneurial activities life services, electronics, and biotech.
The young generation gets a chance to work with such technopreneurship
firms and learn nuts and bolts how to get success. It also inspires these • Service firm where the main mission is technology.
teammates and employees to grow and start up their business firms too.
• Designing of hi-tech products such as computer hardware or devices.

• Use of technology in the delivery of normal business activities.

TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP

Entrepreneurship Entrepreneurial Mindset

• is the art of observing correct practices in managing and operating a self- Please watch the following videos:
owned, wealth-creating business enterprise by providing goods and services • [ENS193|Technopreneurship] Module 1: Introduction
(Source: https://www.youtube.com/watch?v=nPTl2HiGMa4)
that are valuable to the customers.

• starting up a new business • Kauffman Sketchbook - "Entrepreneurial Mindset"

(Source: https://www.youtube.com/watch?v=8NBnoVrLFPU)
(Source: Federico Gonzalez, President PESO Inc.)

• Kauffman Sketchbook - "Go Be An Entrepreneur"

(Source: https://www.youtube.com/watch?v=FOFm8fPP2Kc)

• Free Webinar: Entrepreneurial Mind Setting [Department of Trade &

Industry - DTI Philippines]
(Source: https://www.youtube.com/watch?v=p8wi4_cbWHI)

TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP

“The use of technology as an

integral and key element in the
transformation of goods or
services.” - Randall Stross

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TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP

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TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP

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TECHNOPRENEURSHIP INTRODUCTION TO TECHNOPRENEURSHIP TECHNOPRENEURSHIP REFERENCES

REFERENCES
1. http://www.digitalfilipino.com
2. https://101entrepreneurship.org/technopreneurship/
3. https://thecodework.com/blog/what-is-technopreneurship-meaning-business-model/
4. https://courses.lumenlearning.com/boundless-management/chapter/entrepreneurship/
5. https://www2.tesu.edu/tecep_desc/MAN-230.pdf
6.