Techno

Cards (38)

  • TechnologyThe application of scientific knowledge for practical purposes or applications, especially in industry.
  • It is an application of science used to solve problems.
    Technology
  • Is the practice of embarking on a new business venture or existing business by combining different resources in order to develop new opportunities.
    Entrepreneurship
  • Is a new breed of entrepreneurship that involves the collaboration of people who are intelligent, determined, creative, tech-savvy and passionate in dealing with risk and functions as a team.
    Technopreneurship
  • Is a person that possesses various skills in terms of marketing, communication and strategically has the potential demand for the goods and services whether as a sole proprietor, with partners and within a corporation.
    Entrepreneur
  • An innovator or developer who recognizes and seizes opportunities; converts these opportunities into workable/marketable ideas; add value through time, effort, money, or skills; assumes the risks of the competitive marketplace to implement these ideas; realizes the rewards from these efforts.
    Entrepreneur
  • An entrepreneur who uses cutting-edge technology to develop new business.
    Technopreneur
  • An entrepreneur who involves himself in technological changes in producing goods and services for his organization.
    Technopreneur
  • They are entrepreneurs who used “technology” as their driven factor in transforming resources into goods and services, creating an environment conducive to industrial growth.
    Technopreneur
  • Five Traits of a Technopreneur
    1. Strong Communication Skills that Close Deals
    2. Product Management Knowledge
    3. Deep Technical Understanding
    4. Take Big Risks
    5. Persistence
  • [The Entrepreneurial Process] This phase refers to establishing demand and competitive analysis of the market. An entrepreneur should have a clear vision by making a thorough study of the market potentials to create strategies and desirable objectives for the growth of an organization.
    Opportunity Analysis
  • [Entrepreneurial Process] the entrepreneur should have a written business plan that composed of the organization’s future goals, how to achieve those goals and the timeframe within which these goals are to be achieved. Business planning usually includes marketing strategy, financial and operational viewpoint.
    Business Planning.
  • [The Entrepreneurial Process] entrepreneurial resources include sources of financing such like lines of credit and investment capital, technology, networks of contacts and publicity. A business ought to have four types of resources that includes (1) physical resources, (2) intellectual, (3) human and (4) financial resources
    Gathering Resources.
  • [The Entrepreneurial Process] is a process of execution about what has been planned and utilizing the numerous resources for the success of the business.
    Implementation
  • [The Entrepreneurial Process] is a process where the organization will encounter challenges. The organization will experience painful point for rapid growth for stability and continuity of the business operations.
    Scaling
  • [The Entrepreneurial Process] is a process where the organization will reap what they sow in dealing with the challenges they had encountered throughout the process of the business.
    Harvesting
  • The Technopreneurial Process
    Idea Generation
    Idea Screening
    Concept Testing
    Business Analysis
    Prototyping
    Test Marketing
    Commercialization
    Monitoring & Evaluation
  • [The Technopreneurial Process] this is the process of creating, developing and communicating abstract, concrete or visual ideas. It includes goals, strategies, concepts, design, style, plans and actions to come up with possible solutions for actual problems and opportunities.
    Idea Generation
  • [The Technopreneurial Process] is a process that evaluates and contrast new prospective ideas for your business. It is where assessment will be instigated to make sure that your ideas is related to the business. The idea screening criteria are used to determine compatibility and whether the idea will earn profit or could return investment.
    Idea Screening
  • [The Technopreneurial Process] is the process of testing new or hypothetical products or services before they are launched. It is probably the possibility of generating the best product has
    Concept Testing
  • [The Technopreneurial Process] is a process of identifying what the business needs and determining solutions to business problems that will improved the process, management and the financial status quo to deliver value to the stakeholders.
    Business Analysis
  • [The Technopreneurial Process] is the overall design of the product where it shows its functionalities, specifications, and interface that is based on the business analysis
    Prototyping
  • [The Technopreneurial Process] is a process of experimenting and assessing your product to check its viability to customers compromising of actual stores and real-life buying situations. It is to test the consumer reaction towards the new product or services in the market.
    Test Marketing
  • [The Technopreneurial Process] is the process of introducing new products and services to the market. With commercialization, an organization entails production, distribution, marketing, sales, customer support to achieve the commercial success of the new product or service. The use of advertisement, social media campaign, video production is part of commercialization so that the vision and value of the product or services will be reach out to the society.
    Commercialization
  • [The Technopreneurial Process] every business should be monitored and evaluated according to the performance in the market. Monitoring and Evaluation is important for the business to diagnosed problems and improve what is needed to stay in the competition. Thru evaluation the organization will identify the performance rating of the business
    Monitoring & Evaluation
  • Is something that involves developing, creating new concepts and new ideas that will be useful for the target customers.
    Innovation
  • the creation of something that improves the way we live our lives.
    Innovation
  • is, at its core, about solving problems — and there are as many ways to innovate as there are different types of problems to solve.
    Innovation
  • also known as “routine innovation”, is a response to customer and market demands or improvements in technology. (
    Sustaining Innovation
  • Type of innovation popularized by Clayton Christensen in his book "The Innovator's Solution". In a nutshell, what he discovered is that when the basis of competition changes, because of technological shifts or other changes in the marketplace, companies can find themselves getting better and better at things people want less and less
    Disruptive Innovation
  • according to Idea scale is defined as an innovation from inside a company that pushes something to the next level. It is innovation that opens the company to new markets or changes the way customers interact with the market or the industry.
    Breakthrough Innovation
  • this type of innovation begins with the discovery of some new phenomenon. It is a key-driver to innovation as it provides information about a certain problem and derive with possible solutions.
    Basic Research
  • Principles for Sustainable Innovation
    1. Inspire
    2. No risk, No innovation
    3. New product process
    4. Ownership
    5. Value Creation
    6. Accountability
    7. Training and Coaching
    8. Idea Management
    9. Observe and Measure
    10. Net Result and Reward
  • [Idea Selection] Uses the ABC Analysis:
    The A-ideas are definitely going into the next round, the B-ideas are discussed and it is decided together per idea whether the idea will be adopted. C ideas are no longer considered.
    Rough Selection
  • [Idea Selection] The sifted ideas are further selected. The method of “dots gluing” has proven its worth. Each participant receives 5 sticky points and can distribute them to their own favorites. If you count the points together you get a ranking.
    Fine Selection
  • [Idea Selection] Ideas are qualitatively analyzed and evaluated on the basis of criteria: customer benefit, differentiation potential and competitive factor
    Detailed Analysis
  • The Decision-Making Process
    1. Problem/Need Definition
    2. Information Search
    3. Eval of Alternatives
    4. Selection Stage
    5. Eval of Decision
  • It is a body of knowledge devoted to creating tools, processing actions and the extracting of materials.
    Technology