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Techno Reviewer Prelim

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afpoints042003
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8 views4 pages

Techno Reviewer Prelim

Uploaded by

afpoints042003
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Challenge

- a call to respond to a difficult task and the commitment to undertake the required enterprise.
Enterprise
- project/business/industry/organization
Opportunity
- a favorable juncture of circumstances with a good chance of success or progress
Technopreneurship
- the practice of embarking to new business with the use of technology
Technopreneur
- an entrepreneur who uses cutting edge technology to develop new business
Entrepreneurship
- practice of embarking new business.
- described as the connection of enterprising individuals and promising opportunities
Entrepreneur
- an innovator or developer who recognize opportunities
- are people who identify and pursue solutions among problems, possibilities among needs, and opportunities
among challenges.

2 types of technology entrepreneurship


1. Technology Developers- inventors
2. Technology Users- innovators

DIFFERENCES
Entrepreneur
1. Compete
2. Self-starter
3. Creative
4. Likes to work for himself/herself and be in control
5. Is motivated by a strong desire to achieve and attain financial success

Technopreneur
1. Innovate
2. Part of a team
3. Innovative
4. Likes to be one to control innovation and be part of an evolution
5. Motivated by strong vision and passion to innovate
SIMILARITIES
1. Able to determine risk and has the courage to take risks.
2. Independent and self-confident, yet knows where to get help.
3. Likes a challenge.
4. Hardworking and willing to stick with a project.
5. Not easily discouraged.
6. Robust, very energetic and can handle stress.
7. Has a strong sense of self-worth.
8. A positive thinker who does dwell on setbacks.
9. Often has a close friend or relative who owns a business.

SUCCESSFULL TRAITS OF A TECHNOPRENEUR


- Integrity
- Leadership
- Impatient bias toward action (with analysis)
- Quick clock speed
- Modest ego= seeks and accepts coaching
- Willing to be different but knows it (not obvious)
- Pragmatic- willing to compromise
- Rejoices in other’s victories
- Driven to solve a valuable problem for customers
- Strong entrepreneurial intensity
- Willingness to incur the costs of growth
- Willingness to use wide range of financing sources
- Emphasis on a team-based organizing structure
- Focused on innovation
- Committed to commercialization of technology discovery
- Excellent communication skills
- Understands the value of business principles
- Formation and execution of a sound business plan
- Raising of money
- Building an organization team

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