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TECHNOLOGY
ENTREPRENEURSHIP
Lecture 1:
Introduction to Entrepreneurship
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Technology Business
Potential : I- Sajadah from
UTeM
https://
youtu.be/3BDmykLr1iE
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Entrepreneurship
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Entrepreneur
The entrepreneur are individual who
actively form or lead their own
businesses and nurture them for
growth and prosperity.
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Entrepreneurial Values and Characteristis
owners Micropreneurs
Many micropreneurs are small home-based business
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Intrapreneurship
Intrapreneurship is the process by which
individuals pursue a new business
opportunity (or by setting up intraprises)
from within an existing company, with
resources of that company.
It uses the advantages of both small and big
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Intrapreneur
In 1978, management consultant, Gifford
Pinchot, invented the word intrapreneur to
refer to an intra-corporate entrepreneur
while he was attending the School for
Entrepreneurs in Tarrytown, New York.
A person within a large corporation who
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What is Technopreneur?
Entrepreneur who uses technology to be involved in
business activities.
From the words;
Technology
+ = Technopreneur
Entrepreneur
The role of scientist/engineers entrepreneur or so
called technopreneur is to effectively move a technology
invention from concept to market
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Technopreneur
Technopreneur is coined just a couple of years back to
refer to Technology Entrepreneur.
This term appears to be most actively used in Singapore, and
to some extent also in Malaysia and Thailand.
Technopreneurs are the ones who identify the problems and
capitalized on the opportunity.
A technopreneur has two major characteristics:
1. He does things NOT out of profits but because he wants
to innovate.
2. He is comfortable working with, or, using technology.
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Technopreneur & Entrepreneur
TECHNOPRENEUR
= Today + Future = Vision
ex. Bill Gates = Technopreneur
ENTREPRENEUR
= Product + Market = Profits
ex. Michael Dell = Entrepreneur
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Entrepreneurial Process
1. Opportunity Scanning
2. Opportunity Seizing
3. Business IdeaFormulation
4. Business Information Processing
5. Business Conceptualising or embryonic
venturing
6. Resources pooling and strategising
7. Formalising venture creation
8. Operationalising the venture
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Understand the Needs of The
Technopreneur
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Leadership Roles of Technopreneurs
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Comparison Between Entrepreneur and
Technopreneur
ENTREPRENEUR TECHNOPRENEUR
Likes to compete Likes to innovate
Self-starter Part of a team
Able to do many things Able to do many things at
at once once, but chooses to
Is creative, and has delegate
dreams and goals Is innovative and has a grater
Likes to work for vision
him/herself and be in Likes to be the one to control
control innovation and be part of an
Is motivated by a strong evolution
desire to achieve and Is motivated by a strong
attain financial success vision and his passion to
Focuses his/her attention innovate
on the chances of Take failure in stride and
success rather than the
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knows it will lead
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to success if
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THANK YOU
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