Techno 1

is a body of knowledge devoted in creating tools, processing actions and the extracting of materials. It is an application of science used to solve problems.

the practice of embarking on a new business venture of existing businesses by combining different resources in order to develop new opportunities.

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

plays a vital role in making the business gain competitive advantage, improve the economic growth of the country and accelerates innovation.

is a new breed of entrepreneurship that involves the collaboration of people who are intelligent, determined, creative, technology savvy and passionate in dealing with risk and functions as a team.

a person that possesses various skills in terms of marketing, communication and strategically has the potential demand for the goods and services whether as a role proprietor with partners and within a corporation.

an entrepreneur who is technology savvy, creative, innovative, dynamic, dares to be different and take the unexplored path, and very passionate about their work.

-Rajesh Shakya

They take challenges and strive to lead their life with greater success. They don’t fear to fail. They take failure as a learning experience, a stimulator to look things differently and stride for next challenge.

-Rajesh Shakya

Technopreneurs continuously go through an ______ process of continual improvement and always try to redefine the dynamic _______ ________

-Rajesh Shakya

What are the Five Traits of a technopreneur?

- they will diversify people to their business ideas and products.

- pays an important role in determining success by convincing sponsors, different organization and prospective clients to help pursue the idea and product.

have a deep understanding of his idea or product in order to present it to the target customers in a detailed and precise manner. He should know the overall product so that it will be easier to explain and encourage the clients or sponsors.

be tech-oriented to deal with the technical aspects of your idea or product. Know how to be technology savvy to be able to compare with others, be competitive and understand the dynamics of your market.

Dealing with competition will basically improve the way technopreneurs think outside of their box. They have to take risks as not all idea or product are meant to be successful in the business world.

Staying positive in all aspects of life is possible even if there will be challenges and odds along the way, hard road is next to success.

What are the four similarities between a technopreneur and an entrepreneur?

What are the differences between a technopreneur and entrepreneur

Examples of Technopreneurship from Start Ups (organic and early adopters)

Examples of Technopreneurship for Corporations (organic and early majority)

The Entrepreneurial Process

establishing demand and competitive analysis of the market. Have clear vision by making a thorough study of the market potentials to create strategies and desirable objectives for the growth of an organization.

have a written plan composed of the organization’ s future goals, how to achieve those goals and the time-frame within which these goals are to be achieved. It includes marketing strategy, financial and operating viewpoint.

include sources of financing such as lines of credit and investment capital, technology, networks of contacts and publicity. Has four types of resources (identify).

process of execution about what has been planned and utilizing the numerous resources for the success of the business.

a process where the organization will encounter challenges. The organization will experience painful point for rapid growth for stability and continuity of the business operations.

process where the organization will reap what they sow in dealing with the challenges they had encountered throughout the process of the business.

The Technopreneurial Process