techno

• Entrepreneur


  An innovator or developer who recognizes and seizes opportunities; converts these

  opportunities into workable/marketable ideas; adds value through time, effort, money or skills; assumes the risks of the competitive marketplace to implement these ideas; realizes the rewards from these efforts. - (Kuratko & Hodgetts, 2007)
• Entrepreneurship is the practice of embarking on a new business or reviving an

  existing business by pooling together a bunch of resources in order to exploit new found opportunities
• Technopreneur


  An entrepreneur who uses cutting-edge technology to develop new business.

  (Daniel Mankani, 2003)
• Technopreneur


  Is an entrepreneur who involves himself in technological changes in producing goods

  and services for his organization. (Sarimah Hanim & Abd. Rashid, 2008)
• 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"
• Types of Technology Entrepreneurs

  Technology Developers (INVENTOR)

  Technology Users (INNOVATORS)
• Technological Entrepreneurship


  It is simply entrepreneurship in a technology intensive context.
• Technological Entrepreneurship


  It is a process of merging technology prowess and entrepreneurial talent and skills.
• Intrapreneur


  Are individuals in organizations with high entrepreneurial characteristics. - (Pinchot 1985)
• Intrapreneur


  Is an entrepreneur within a large organization with high entrepreneurial characteristics who strongly believes in his talent and ability and has a strong desire to create something using his own initiative and creativity. - (Sarimah Hanim & Abd. Rashid, 2008)
• Human Capital


  the skills, capabilities and knowledge of the firm's people.
• Organizational Capital


  the patents, technologies, processes, databases and networks.
• Social Capital


  the quality of the relationships with customers, suppliers and partners.
• Diosdado (Dado) Banatao


  was born to a rice farmer and housekeeper and grew up in Barrio Malabbac in the farming town of Iguig. Graduate cumlaude at Mapua Institute of Technology (electrical engineering degree). Gave the world the first Ethernet controller chip
• Winston Damarillo


  finished his industrial and mechanical engineering degree at De La Salle University. Gained experience as an engineer before trying his luck in Silicon Valley. After a lot of attempts, he was able to make it as an employee in one of the top IT companies in the world. At 30 years old he was able to establish his own company, which he sold to

  IBM for around $100 million. Today, he is an active member of PhilDev

  as its trustee and mentor.
• Orlando B. Vea


  Co-founder of Smart Communications. At one point in his life, he even got a scholarship in physics to be a scientist. But then he changed his mind and took up economics instead, from which he graduated cum laude. Doy went on to become a banker after

  graduation, but soon enough went back to the telecoms industry.
• Technology


  is human innovation in action
• Entrepreneurship


  is the practice of consistently converting good ideas

  into profitable commercial ventures.
• Technopreneurship


  is the use of technology as an integral and key element in the transformation of goods and services.
• Technopreneurship


  is about managing technology in order to achieve superior value for the customer.
• Technopreneurship


  is either involved in delivering an innovative hi-tech product (e.g. Microsoft) or makes use of hi-tech in an innovative way to deliver its product to the consumer (e.g. eBay), or BOTH.
• Ideas


  the indispensable start-up ingredient all inventions and innovations need.
• Invention


  novel/ new/ original product, device, process, or concept. Creation of a new product.
• Innovation


  Introduction of a newer and better solution that meet new requirements or existing market needs. Adding value to something already existing. Practical implementation of new idea.
• Product


  are physical items that include raw materials, parts, subassemblies.
• Services


  are activities that provide some combination of time, location, form, or psychological value.
• Technopreneurship


  A technology-based enterprise is one that derives a competitive advantage from

  direct or indirect use of technology
• Decisiveness


  ability to make decisions quickly and effectively
• Confidence


  self-assurance arising from one's appreciation of one's own abilities or qualities
• Accountability


  willingness to accept responsibility
• Resilience


  capacity to recover quickly from difficulties
• Humility


  freedom from pride or arrogance
• Team


  is a group of individuals working together to achieve their goal.
• Forming (tuckman's Stages)


  Stage where a group of people comes together to accomplish a shared purpose.
• Storming


  Disagreement are constant at this stage of development since team members are still getting to know each other.
• Norming


  This is when people start to resolve their differences, appreciate colleagues' strengths, and respect the authority of the leader.
• Performing


  relationships, team processes, and the team's effectiveness in working on its objectives are syncing to bring about a successfully functioning team.
• The Creation of Wealth


  Technology generates wealth when it is commercialized or used to achieve a desired strategic or operational objective for an organization.
• The Creation of Wealth (Adam Smith)


  Economic Wealth (EW) is produced and distributed. Argued that capital is best employed for the production of wealth. Each nation should produce the goods in which it has absolute advantage
• The Creation of Wealth (Joseph Schumpeter)


  EW is characterized by private initiative, by production for a market and by a phenomenon of credit. He also showed that industrial expansion is also the result of economic forces