Importance and History of Technopreneurship
I.
Introduction
One of the basic issues looked by Filipinos for the most part manages Philippines' low intensity to
different nations. The intensity isn't just dictated by the wealth of normal assets and modest works,
yet additionally by both greatness and advancement of science.
In firm point of view, experimental perception affirms that assets (like capital, work, innovation)
and ability will in general think topographically. In this era of technology, a technopreneur begins
their business with nothing but with a brainstorming idea. He identifies present practices and
assesses some new ideas to do something different. A person who is engaged in technopreneurship
creates a product or solution that uses technological solutions to change the way of doing
something in an orthodox way. It improves how we have done something before and how it has to
be done in the coming future. In an intensive context, this is not a product but a procedure of
synthesis to improve and create innovate the future of a person, a nation, and the globe as a whole.
In this digital world, professional development programs, as well as training, have required to
succeed in a knowledge-based society. They produce various strategic thinkers who have the
relevant skills and talent to grab success in a changing global atmosphere at a fast pace.
a. Entrepreneur
It is a blend of two words such as “technology” and “Entrepreneurship”. Thoroughly, it is a kind
of entrepreneurship in the field of technology. The process of technopreneurship is a combination
of technological advancements and entrepreneurial skills. In the products and services
transformation, an integral part of technopreneur is technology.
This is a new breed in the field of entrepreneurship. These types of entrepreneurship are suitable
for a person who is intelligent, innovative, tech-savvy, appetite, and passionate in the calculation
of risk. Technopreneurship gets to the next level of success through teamwork.
Needless to say, technopreneurship has played an influential role in the use of technology for
fulfilling various purposes. First off, it makes easy for people to stay in touch with each other and
comes up with some unpredictable products as well as solutions that are beneficial for the nation.
II.
History
Obviously "TechnoPreneurship" was coined from two words "technology" and
"entrepreneurship." The first known use of the term technopreneurship was in 1987.
It is possible that the term "technopreneurship" was more recognized when the Internet bubble
began to break in April of 2000. Considering these facts, it can be said that technopreneurship has
past gone its infancy. However, it is probable that it is still in its babyhood. Just for a quick exercise,
try typing the word "technopreneurship" or technopreneur." You'll notice that the word would yield
you a crooked red underline which is a typical warning of a misspelled word. Such case would
reflect that the term "technopreneurship" have not yet been universally recognized as compared to
terms such as entrepreneurship, technology, cyberspace, e-commerce, e-bay, and the like. Some
would still prefer to call themselves online entrepreneurs, internet entrepreneurs; and their
activities as online selling, e-commerce, online trading, or simply entrepreneurship. In fact as of
this writing, the word Technopreneurship is not yet even included in the dictionary!
References
[1] Technopreneurship: Meaning, Examples and Importance (101entrepreneurship.org)
[2] Matlay, H. (2005). Entrepreneurship education in UK business schools: Conceptual,
contextual and policy considerations. Journal of Small Business and Enterprise Development,
12(4), 627-643.
[3] Markman, G. D., Phan, P. H., Balkin, D. B., & Gianiodis, P. T. (2005). Entrepreneurship and
university-based technology transfer. Journal of Business Venturing, 20(2), 241-263.