November 17, 2013
INTRODUCTION:
Technology and Entrepreneurship
What is
technological entrepreneurship?
-It is
simply entrepreneurship in a technology intensive context.
-It is
a prowess of emerging technology prowess and entrepreneurship talent and skills.
Technology
+ Entrepreneurship= Technopreneurship
Who is the Technopreneur?
·
A person who destroys the existing economic
order (creative destruction) by introducing new products and services by
creating new forms of organizations and by exploiting new raw
materials.(SCHUMPERTER,1934)
·
Someone who perceives on opportunity and creates
an organization to pursue it.
·
A person who undertakes risks (by creating an
enterprise or business) that has the chance of profit (or success).
Technopreneurs distinguishes themselves through their ability to mobilize
resources to achieve a specified business or social goal. (KUEMMERLE,2002)
·
The technopreneur is a bold, Imaginative
deviator from established business methods and practices who
contantly,technologies,processes and arrangement.(BAUMOL,2002)
·
The technopreneur distinguishes logic form
tradition, tradition from prejudice, prejudice from common sense and common
sense from nonsense while integrating variety of ideas from diverse groups and
disciplines.(MANUEL CEREIJO,2002)
·
Technopreneurs are skilled in applied
creativity, thrive in response to challenge and cool for unconcreational
solutions. They experience challenges, create visions and then act to be part
of the solution. They forge new paths and risk
failure ,but persistently seek success(DORFORD BYERS,2005)
What
is entrepreneurship?
·
A way of thinking and acting that is opportunity
obsessed, holistic in approach and leadership balanced for the purpose of wealth
creation. (BABSON’S Definition)
·
Entrepreneurship is creative destruction.
Dynamic disequilibrium and optimization, is the norm of a healthy economy and
the central reality of economic.
·
The entrepreneur searches for change, responds
to it, and exploits it as an opportunity. Innovation is the specific tool of entrepreneurs,
the means by which they exploit change as an opportunity for a different
business or a different service. (DRUCKER,1985)
·
Entrepreneurship is the pursuit of opportunity
w/out regard to the resources currently under one’s control. (STEVENSON)
What
is TECHNOPRENEURSHIP?
·
Creating the “NEW” and Destroying the “OLD”
Creating the “NEW” and Destroying the “OLD”
New
Knowledge
New
Products
New
Process
New
Services
New
Markets
New
Business Models
New
Raw Materials
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