TECHPRE-2023-2

The Role
of
Technopreneurship and
Technopreneur in the economic
growth, Ecosystem and Social
Growth Reported by: BUSTONERA, Castro,
FRANI

Technological University of the Philippines

 Page 02 of 22
TECHPRE-2023-2

LEARNING
01 OBJECTIVES 02 03

• Understand the definition of • Identify the Roles of • Recognize the importance of each role
Technopreneurship and Technopreneurship (Economic in both Technopreneurship and
Technopreneur Growth, Ecosystem, Social Technopreneur
Growth)

Technological University of the Philippines

TECHPRE-2023-2

The Role of
Technopreneurship and
Technopreneur in the economic
growth
Reported by: BUSTONEra

Technological University of the Philippines

 Page 04 of 22
TECHPRE-2023-2

TECHNOPRE TECHNOPRENE
NEURS URSHIP
• Technopreneur is someone who establishes and runs • Technopreneurship is a combination of technological
their own technology company. advancements and entrepreneurial skills
• Technopreneurs have a very specific function in the • Technopreneurship provides jobs and assists the
economy as they create employment, productivity country in combating unemployment. It boosts the
growth and produce and commercialize high-quality economy’s employment rate.
innovations (Van Praag & Versloot, 2007).

m o re m o re

Technological University of the Philippines

 Page 05 of 22
TECHPRE-2023-2

Technopreneurship’s Role in the

Country’s Economic Development
• Technopreneurs play a significant role in the economy because they use technology to
create and improve goods, services, and manufacturing processes.

Technological University of the Philippines

 Page 06 of 22
TECHPRE-2023-2

s eed -st age IC T an d ICT a nd mu lt imedi a st art -

I CT an d mul t i medi a mul timed ia b us in ess es up s
SMEs

Technological University of the Philippines

TECHPRE-2023-2

The Role of
Technopreneurship and
Technopreneur in the Ecosystem
Reported by: FRANI

Technological University of the Philippines

 Page 08 of 22
TECHPRE-2023-2

SUCCESSFUL
TECHNOPRENEURS = HEL
HIP
The technopreneurship ecosystem is made
up of “HELF”.

• H- uman Resource
• E- nvironment
• L- aws and Policies
• F- inancial Resource

Technological University of the Philippines

 Page 09 of 22
TECHPRE-2023-2

1. HUMAN RESOURCE
COMPONENTS
• The Human Resource is the people who are working to make the techno venture to start, grow, and succeed.

a. Researchers- this involves the thinker, the idea generator and innovator.
b. Development- this involves implementors and technical people.
c. Scanner and Marketing- advertising and selling.
d. Financers

m ore

Technological University of the Philippines

 Page 10 of 22
TECHPRE-2023-2

2. ENVIRONMENT
COMPONENT
a. Science Parks
b. Incubation Centers
c. Academic Institutions
d. Research and Development Centers
e. Internet Access
f. Communication and other support service
g. Geographic accessibility- location
h. Venture Mentoring Services/Support

m o re

Technological University of the Philippines

 Page 11 of 22
TECHPRE-2023-2

3. LAWS AND POLICIES

a. Intellectual property rights
b. Technology licensing office
c. Legal services

m ore

Technological University of the Philippines

 Page 12 of 22
TECHPRE-2023-2

4. FINANCIAL RESOURCE
COMPONENT a. Investors
b.Business sectors
c. Funding Agencies
d. Financial Services

m o re

Technological University of the Philippines

TECHPRE-2023-2

The Role of
Technopreneurship and
Technopreneur in thE SOCIAL
growth Reported by: CASTRO

Technological University of the Philippines

 Page 14 of 22
TECHPRE-2023-2

Importance of Technopreneurship in
Social Growth
• When everyone around is talking about start-ups and the entrepreneurial mindset,
technopreneurship can be the next leap for any innovator. From consumer satisfaction,
organizational efficiency to developments that contribute to national development, the
importance of technopreneurship is manifold:

Technological University of the Philippines

 Page 15 of 22
TECHPRE-2023-2

PROMOTION OF
CREATING TECHNOLOGI CAPITAL ENTREPRENEUR
EMPLOYMENT CAL FORMATION IAL MINDSET
OPPORTUNITIES ADVANCEMEN
Technological University of the Philippines T
 Page 16 of 22
TECHPRE-2023-2

CREATING EMPLOYMENT
OPPORTUNITIES
• any new start-up will require dedicated and hard-working employees. Technopreneurship creates new jobs
and can help our nation tackle the unemployment problem to a significant extent.

m o r e

Technological University of the Philippines

 Page 17 of 22
TECHPRE-2023-2

TECHNOLOGICAL
ADVANCEMENT• technopreneurs are innovative individuals. Along with a pool of employees, they will
strive to improve the existing technology. It will, in turn, lead to the effective utilization
of the country’s natural resources.

m o re

Technological University of the Philippines

 Page 18 of 22
TECHPRE-2023-2

CAPITAL FORMATION
• investment and funding are integral for any start-up. Technopreneurs, too, need investors who can financially
assist their start-ups. These financers utilize the public savings that lead to the economic growth of the
country.

m o r e

Technological University of the Philippines

 Page 19 of 22
TECHPRE-2023-2

PROMOTION OF
ENTREPRENEURIAL
• The young generation gets a chance to work with these start-ups. It promotes qualities in
them like risk-taking skills, creativity, a strong work ethic, and passion. This young

MINDSET generation of workers can, in the future, be successful entrepreneurs themselves.

m o re

Technological University of the Philippines

 Page 20 of 22

According to (APEC, 2001), the rapid advancement of technology has

encouraged small and medium-sized businesses (SMEs) to utilize the
opportunity to:

Pro sp e r th e ir
E s ta b l i sh a nd bu s in e ss e s c a p a ble Mo bilizin g th e
expand of g e ne ra tin g lo c a l re s ou rc e s
C re a t in g a e mp lo y me n t
b a la nc e d a n d op p o rtun itie s Stren g th e nin g th e
Pla y in g a e c on o m ic
a fflu e n t so c i e ty
sig n ific a n t de v e lo p me n t o f
TECHPRE-2023-2 c om p le me n tary th e n a tio n as a
ro le to la rge firm s w ho le
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TECHPRE-2023-2

Aspiring technopreneurs must be adequately equipped with both technical and business
skills. Technopreneurs continually go through the process of constant improvement and
always try to redefine our dynamic digital economy. We need to encourage entrepreneurial
views and skills at all levels of the society.

Technological University of the Philippines

 TECHPRE-2023-2

REFERENCES:
• https://www.ciit.edu.ph/what-is-technopreneurship-meaning-and-examples/#:~:text=Technopreneurs%20play%20a%20significant%20role,%2C
%20services%2C%20and%20manufacturing%20processes.

• https://www.igi-global.com/chapter/technopreneurship-development/273786#:~:text=Technopreneurs%20have%20a%20very%20specific,Praag
%20%26%20Versloot%2C%202007).

• https://www.atriauniversity.edu.in/technopreneurship/#:~:text=Technopreneurship%20is%20a%20combination%20of,new%20industries%20of%20their
%20own.
• https://www.giet.edu/post/technopreneurship-an-emerging-field-of-entrepreneurship/#:~:text=Technopreneurship%20creates%20new%20jobs%20and,to
%20improve%20the%20existing%20technology.

• https://globaljournals.org/GJRE_Volume17/5-Technopreneurship-A-View-of-Technology.pdf
• https://rrc05.blogspot.com/2013/?fbclid=IwAR1NQAmesJmFGxQ4cXOaTA0PV-I8Q3RVXmV7ov695p-9SepEK5aXHRujBxI

Technological University of the Philippines