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Basics of Technopreneurship

This document discusses technopreneurship and its importance. Technopreneurship involves starting high-tech ventures in fields like IT, electronics, the internet, life sciences, and biotechnology. It plays a key role in job creation and economic growth. Technopreneurship is entrepreneurship focused on technology. To succeed, technopreneurs must master themselves, their environment, and managing their enterprise. Developing a strong business plan is also important. Overall, technopreneurship promotes employment, resource utilization, business diversification, technology advancement, capital formation, and an entrepreneurial culture.

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Angelica Alejandro
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289 views

Basics of Technopreneurship

This document discusses technopreneurship and its importance. Technopreneurship involves starting high-tech ventures in fields like IT, electronics, the internet, life sciences, and biotechnology. It plays a key role in job creation and economic growth. Technopreneurship is entrepreneurship focused on technology. To succeed, technopreneurs must master themselves, their environment, and managing their enterprise. Developing a strong business plan is also important. Overall, technopreneurship promotes employment, resource utilization, business diversification, technology advancement, capital formation, and an entrepreneurial culture.

Uploaded by

Angelica Alejandro
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Basics of

Technopreneurship
What is
Technopreneurship?
Roles of Technopreneurship
in job creation and in the
National economy

ROLE
PLAYING
What is the importance of
technopreneurship?
Importance of
Technopreneurship

● Employment creation
● Local resources
● Decentralization and diversification of
business
● Promotion of technology
● Capital formation
● Promotion of an entrepreneurial culture
Technopreneurship Defined
● High tech ventures in ICT, electronics,
internet, life sciences and biotech.
● Service firms where technology is critical
to their mission, such as: e-Bay, FEDEX,
SMART money transfer, e-learning
● Technopreneurship is entrepreneurship in
the field of technology.
Entrepreneur &
Entrepreneurship Defined
Entrepreneurs - people who enter into new
and pioneering ventures.
- is whole-brained, meaning he/she uses
both the left brain (logical) and right brain
(creative).
Entrepreneurship – Starting up a new
business
Source: Federico Gonzalez, President PESO Inc.
Course Model - SEED

Self Mastery

Environment
Development Mastery
of Business
Plan
Enterprise
Mastery
Self- Mastery
● Self-mastery passion comes from
knowing yourself.
● Self-mastery brings passion. When you
know yourself, you know what you
want and do not want.

Source: Jay Bernardo III


What is a self-mastered person?

A self-mastered person
● does not need high IQ
● does need high EQ and AQ
● is naturally a/an:
○ performer – competitive and efficient
○ epicure – sensual and cheery
○ boss – takes charge and loves a good fight
● is whole-brained
● has a personal vision and knows strengths
● and weaknesses
Environment Mastery
● Environment mastery is about
generating business ideas and seeking
opportunities out from his or her
environment through
○ serendipity walks
○ crises
○ trends
○ etc.

Source: Jay Bernardo III


What is an
environment-mastered
person?
An environment-mastered person
● understands the industry he/she is in
● sees the opportunities, not the problems
● is on top of the situation instead of being
under the situation
● is the organization/industry innovator and
strategist
Enterprise Mastery
● Enterprise Mastery is how to run a business
● This pertains to the knowledge of the
different enterprise disciplines such as:
○ Creating the Business
○ Marketing Management
○ Operations Management
○ Financial Management
○ Risk Management

Source: Jay Bernardo III


What is an enterprise-mastered
person?

An enterprise-mastered person

● understands and integrates the functions of


management (marketing, human resource,
operations, and finance)
● understands and integrates the process of
management (planning, organizing, directing,
and controlling)
● leads and inspires rather than manage
Development of
Business Plan

● Development of a business plan covers:


○ writing the business plan
○ presenting and defending the business
plan
○ adding refinements to the presented
business plan
4 Types of Entrepreneurship

1. Incremental
○ Routine business, modest novelty
Ex. (new coffee shop, new BPO)

2. Imitative
○ Imitation of venture, same business model
and template
○ Ex. new regional branch, franchised
operations
3.Rent-seeking
○ Business that utilizes standards,
regulations and laws to share in value
of enterprise
Ex. Coca Cola Export

4. Innovative
● Business based on innovation
Ex. new memory chip
Entrepreneur- a person who organizes
and operates a business or businesses,
taking on greater than normal financial
risks in order to do so.
What are the characteristics
of an Entrepreneur?
Characteristics of an
Entrepreneur
1. Hard Working
2. Self-Confident
3. Builds for the Future
4. Profit-Oriented
5. Goal-Oriented
6. Persistent
7. Goal-Oriented
8. Responds to feedback
9. Demonstrates Initiative
10. Willing to Listen
11. Sets Own Standards
12. Copes with Uncertainty
13. Committed
14. Builds on Strengths
15. Reliable and Has Integrity
16. Risk-Taker
Differences between
Technopreneurship and
Entrepreneurship

TECHNOPRENEUR ENTREPRENEUR
1. Apple
2. Jollibee
3. Tesla
4. PayPal
5. Microsoft
6. Mcdonalds
7. Alibaba
8. Samsung
9. Red ribbon
10. AstraZeneca
1. Apple- Technopreneurship
2. Jollibee- Entrepreneurship
3. Tesla- Technopreneurship
4. PayPal-Technopreneurship
5. Microsoft -Technopreneurship
6. Mcdonalds- Entrepreneurship
7. Alibaba- Technopreneurship
8. Samsung - Technopreneurship
9. Red ribbon- Entrepreneurship
10. AstraZeneca Technopreneurship
What makes an Entrepreneur a
Technopreneur
● A technology idea owner who ventures
to make his idea a commercial reality

● An entrepreneur who gets a technology


idea, finds an opportunity to make it a
commercial reality.
What is the
difference
between an
entrepreneur
and a salaried
employee?
Some Basic Facts
● Businesses start from ideas, but ideas
alone do not make a business

● Customers do not buy ideas, they buy


products/services;

● Customers pay the price; value is what they


get

Source: Federico C. Gonzalez, President PESO Inc.


https://www.facebook.com/tupcite
Watch and answer the following
questions
https://www.youtube.com/watch?v=PEqWFBs7ILg
Assignment no. 2

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