RIZAL TECHNOLOGICAL UNIVERSITY
Boni Avenue, Mandaluyong City
COLLEGE OF ENGINEERING
CIVIL ENGINEERING DEPARTMENT
INNOVATION AND IDEAS
Group No. 1
NAME ACTUAL WRITTEN GROOMING
REPORT REPORT
1. Baquista, Jasmine G.
2. Dofredo, Keirel
3. Mendoza, Angelica C.
4. Ramos, Earvin P.
5. Vergara, John Llevan S.
Subject: Technopreneurship (TECHNO)
Section: CEIT-02-601A
Time/Day: 8:00am-10:30am / W
Submitted to:
Asst. Prof. Zorahayda V. Concepcion
Instructor
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TABLE OF CONTENTS
CONTENTS PAGE NO.
I. The Presenters............................................................................. 3
II. Introduction to Innovation and Ideas ............................................ 4
• Elements of Ideas
• Differences between Innovation and Ideas
• Importance of Innovation and Ideas
III. Research vs. Development .......................................................... 6
• Translational research
• Types of Research
• Examples of Research in Technopreneurship
• Development
IV. Types of Innovations .................................................................... 9
V. Innovation Driven vs. Small Medium Enterprise .........................12
• Difference between IDEs and SMEs
• What is Innovation Driven (IDEs)
• What is Small Medium Enterprise (SMEs)
VI. Organization Driven vs. Market Driven Ideas ............................. 14
• Different classification of ideas according to:
- Origin
- Relation
- Comprehension
VII. Conclusion ..................................................................................16
VIII. References ................................................................................... 17
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Innovation and Ideas
II. INTRODUCTION (WHAT IS INNOVATION?)
Innovation and Ideas - refer to the generation and implementation of novel
concepts, solutions and approaches that leverage technology to create value in
the business environment.
● Innovation - refers to the process of introducing new and creative ideas,
methods, products, or services in the field of technology-driven
entrepreneurship.
• Oslo Manual (an international reference guide for innovation) -
“(...)a new or improved product or process (or a combination
thereof) that differs significantly from the unit’s previous products
or processes and that has been made available to potential user
(product) or brought into use by the unit (process).”
● Ideas - represents concepts, visions, or proposals that have the potential
to be developed into successful technological ventures or solutions.
ELEMENTS OF IDEAS
• QUANTITY - It describes a volume or measure of output such as
products, services, or inventions that technopreneurs produce in
a specific time.
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• VARIETY - It represents a wide range of ideas, solutions,
products, or services that technopreneurs produce and offer to
the market.
• UNIQUE - Its primary objective is relying on innovative technology
to meet consumer needs/demands and add value.
• COLLABORATION - It refers to the process of cooperating with
people, groups, and organizations in order to improve creativity,
accelerate growth, and IDEAS ASSOCIATED IN CIVIL
ENGINEERING: accomplish mutual objectives.
● INNOVATIVE INFRASTRUCTURES & BUILDINGS
● ENVIRONMENTAL BUILDING APPROACHES
● RENEWABLE ENERGY INTEGRATION
● DURABLE AND FLEXIBLE INFRASTRUCTURES/BUILDINGS
Difference between Ideas and Innovations
- Ideas are the conceptual starting points in technopreneurship,
representing the creative visions and opportunities that
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entrepreneurs identify.
- Innovation, on the other hand, is the tangible realization and
implementation of those ideas into products, services, or
processes that create value in the market.
• Importance of Innovation and Ideas
- Innovative thinking ensures adaptability to evolving tech
landscapes, fuels revenue expansion, and leads to efficiency
enhancement.
- Embracing an innovative culture fosters continuous
improvement, and successful technopreneurs contribute
substantially to the economy by creating jobs and driving
overall growth.
- Innovation and Ideas provides a competitive edge by
responding to technological changes, facilitating market
distinction, and serving as tools for problem resolution.
III. RESEARCH VS. DEVELOPMENT
TRANSLATIONAL RESEARCH
● RESEARCH - It is a methodical and comprehensive
investigation/procedure that aims to accurately explore, solve topics or
problems, and generate new knowledge about certain topics.
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Types of Research:
• Qualitative Research - It usually involves observations and interviews
rather than concentrating on statistical generalization, this approach
seeks to thoroughly investigate and comprehend complicated issues
such as human behavior and social processes.
• Quantitative Research - This type of research usually uses statistical
approaches to generalize findings to a bigger population. It focuses on
measuring and quantifying events to derive objective findings and make
predictions.
• Mixed-Methods Research - This is a combination of qualitative and
quantitative research methods to provide a comprehensive
understanding of a research problem.
Examples of Research in Technopreneurship:
• Market Research - It is focused on studying the scientific product or
service market environment as well as the customer needs,
preferences, and behaviors.
• Feasibility Studies - This type of research evaluates the potential
risks and challenges associated with business ideas.
• Technology Research - It involves examining and assessing
advancements that are relevant to a particular sector or field of the
technopreneurial business.
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• Product Development Research - Its primary objectives are to
design, develop, and test new technology-based products and
services.
Objectives of Research in Technopreneurship:
- Innovation
- Understanding the Market
- Growth (Developing Productive Market Strategies)
- Address Challenges
DEVELOPMENT - It refers to the process that involves creating or changing
one condition to another by introducing new or more advanced products,
services, and manufacturing techniques into existence.
Example of Development in Technopreneurship
- Product, Software or Service Development
- Prototyping
Objectives of Development in Technopreneurship:
- Focuses on Innovation
- Iterative Process
- Social Impact (Positive Impact)
- Long-term Vision
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• TRANSLATIONAL RESEARCH - It is a methodical approach that
integrates basic research knowledge into practical applications to
improve or develop innovative procedures to enhance human health and
well-being.
IV. TYPES OF INNOVATION
BUSINESS INNOVATION - Involves the application of new ideas, processes,
technologies, or strategies to improve the efficiency, sustainability, and
effectiveness of civil engineering projects.
Examples of Business Innovation:
• Survey drones - are unmanned aircraft equipped with various sensors
and cameras designed for surveying, mapping, monitoring, and more.
• Work from home - refers to the practice of employees performing their
job responsibilities remotely, typically from their homes or any location
outside of the traditional office setting.
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PROCESS INNOVATION - Process innovation is about implementing a new or
improved production or delivery approach, including changes in operational
methods, the techniques used and the equipment or software.
Examples of Process Innovation.
• 3D Printing Technology - is an additive manufacturing process that
creates a physical object from a digital design.
• Online booking/application - is a software platform that allows users to
schedule and reserve services, appointments, or resources through the
internet.
PRODUCT INNOVATION - Product innovation is the introduction of a new or
improved goods or service. These inventions or changes may have to do with
improving technical specifications, the materials or the software used or even
advancing on UX (user experience).
Examples of Product Innovation:
• Self-Healing Concrete - is developed by incorporating specific
elements (such as fibers or capsules) into a concrete mix that
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contains repairing solutions.
• Carbon Fiber Reinforcement - is a material made from thin
filaments of carbon atoms bonded together in a crystalline structure
ECO-INNOVATION - An innovation resulting in significant progress towards
the 2030 goals of sustainable development established by the UN. In
practice, it means reducing the impacts of our production modes on the
environment, improving nature’s resilience to achieving a larger efficient
and responsible use of natural resources.
Examples of ECO-Innovation:
• Renewable Energy Integration - is the process of plugging
renewable sources of energy into the electric grid.
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• Fiber Tiles - are made from a combination of natural, processed,
and recycled content.
V. INNOVATION DRIVEN (IDEs) VS. SMALL MEDIUM ENTERPRISE
(SMEs)
Differences between Innovation-driven Enterprises (IDEs) and traditional
Small- and medium-sized Enterprises (SMEs)
Innovation-driven Enterprises (IDEs)
● More risk beyond local markets.
● Founded by teams of individuals with diverse skills.
● Jobs are tradable and can be outsourced.
● The potential for high growth is significant.
Small- and medium-sized Enterprises (SMEs)
● Focus on local or regional markets.
● Entail personal independence and concurrent cash flow
from the business.
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● Create “non-tradable” jobs.
● don’t require an innovative product, process, or business
model to succeed.
WHAT IS INNOVATION-DRIVEN ENTERPRISES (IDES)?
• IDEs on the other hand, are innovation driven. They take more risk
and are more ambitious in serving markets that go beyond local
markets, looking at regional and global penetration. They usually
have a team of founders and use some form of technology, a
unique process, business mode innovation or some other form of
innovative ideas to gain a competitive advantage.
• Innovation driven enterprises exist exclusively to create wealth,
even if it means giving up some control, such as equity. Meaning
that the founding team will be willing to give away a portion of their
ownership of the venture, in return for funding and/or expertise to
grow and scale the venture even more. IDEs start slow but have
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exponential growth, ones there is traction. Jobs created in IDEs are
mostly tradable, meaning that they can be outsourced and are not
geographically bound.
WHAT IS SMALL- AND MEDIUM-SIZED ENTERPRISES (SMES)?
• SMEs are usually started by a single person that serves a local
market and sometimes grows into a medium-sized business over
time. Rewards usually entail personal independence and a concurrent
cash flow from the business. The amount of revenue and jobs are
usually directly related to the money and resources that are injected
into the business. Jobs created are usually non-tradeable, meaning
its geographically fixed in one area.
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VI. ORGANIZATION DRIVEN VS. MARKET-DRIVEN IDEAS
ORGANIZATION DRIVEN-IDEAS- refers to innovation or initiatives that
originate from within the organization. The ideas typically stem from
management, employees, or stakeholders and are aligned with the
organization’s vision, mission, and strategic direction.
- IDEAS ARE FREE
- THE BEST IDEAS ARE FAR MORE LIKELY TO COME
FROM YOUR FRONT-LINE PEOPLE
MARKET DRIVEN-IDEAS- the business and its product came from the
customer's point of view.
- VALUE OF CUSTOMER FEEDBACK
- CONTINUOUS, EVOLVING PROCESS FOCUSED ON THE
CUSTOMER
DIFFERENT CLASSIFICATION OF IDEAS
ACCORDING TO ORIGIN
1. Intuitive Idea
Immediately formed upon sensation or contact with things.
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2. Derivative Idea - Comes because of an arbitrary synthesis of intuitive
ideas.
ACCORDING TO RELATION
1. Identical Ideas- Ideas that constitute the same comprehension or
extension.
2. Different Ideas- Ideas which do not have the same extension are not
comprehension.
ACCORDING TO COMPREHENSION
1. Simple vs Compound
A. Simple Idea - An idea of an unanalyzable quality.
B. Compound Idea - One idea doesn’t stay as one idea.
2. Concrete vs Abstract
A. Concrete Idea - Represent a subject together with its
determinants.
B. Abstract Idea - Represents an object separated from its subject.
According to Extension
1. Singular - Idea that has only one extension.
2. Universal - Idea which stands not only for a class as a whole but also
for every member of the class.
VII. Conclusion
Innovative thinking is crucial for addressing current challenges and
preparing for the future. Whether it’s through the adoption of cutting-edge
technologies, sustainable practices, or novel materials, the field continues to
evolve through the generation of creative ideas and their implementation into
innovative solutions.
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VIII. REFERENCES:
• Fleetwood, D. (2023, October 12). What is Research: Definition,
Methods, Types & Examples. QuestionPro.
https://www.questionpro.com/blog/what-is-research/
• Masenya, T. M. (2021). Technopreneurship development. In Advances in
e-business research series (pp. 196–218). https://doi.org/10.4018/978-1-
7998-5015-1.ch010
• Go, I. T. (2022, March 21). The elements of creativity in idea generation
— ideas to go. Ideas to Go.https://www.ideastogo.com/innovation-
blog/elements-of-
creativity?fbclid=IwAR1egsxfuS68GsXT8pZqVIrEHl6Z8dwuLpye2zIy_pY
Vv9Dp9SNmaFNBK1o
• Journal of Business Venturing | ScienceDirect.com by Elsevier. (n.d.).
https://www.sciencedirect.com/journal/journal-of-business-venturing
• What is Translational Research? (n.d.). Translational Research Institute.
https://tri.uams.edu/about-tri/what-is-translational-research/
• https://www.napstart.co.za/sme-ide-enterprises/
• https://www.kauffman.org/entrepreneurship/reports/a-tale-of-two-
entrepreneurs-understanding-differences-in-the-types-of-
entrepreneurship-in-the-
• economy/#:~:text=While%20traditional%20SMEs%20don't,or%20more%
20of%20these%20dimensions.
• https://greenbeanbookspdx.indielite.org/book/9781523088706?fbclid=Iw
AR2ho18ltREfXZWcaW2YDOYHM18kYyKMe3pqElJ5Deh00vLjlpPi2IrL7
-E
• https://www.youtube.com/watch?v=dK4mrYDiG3k
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