TECHNOLOGY – IS THE SCIENTIFI KNOWLEDGE
FOR PRACITCAL PURPOSES
ENTREPRENEURSHIP – THE ACTIVITY OF
SETTING UP A BUSINESS OR BUSINESS
- REFERS TO THE CONCEPT OF
DEVELOPING AND MANAGING A
BUSINESS
TECHNOPRENEURSHIP – IT IS A BLEND OF
WORDS SUCH AS “TECHNOLOGY” AND
“ENTREPRENEURSHIP”
- IT IS A KIND OF ENTREPRENEURSHIP IN
THE FIELD OF TECHNOLOGY
TYPES OF ENTERPRENEURS
- INNOVATION
- IMITATING
- FABIAN
- DRONE
5 TRAITS OF TECHNOPRENEURS
1. STRONG COMMUNICATION CLOSE THE DEAL
2. PRODUCT MANAGEMENT KNOWLEDGE
3. DEEP TECHNICAL UNDERSTANDING
4. TAKE BIG RISK
5. PERSISTENCE
ENTERPRENEUR – LIKES TO COMPETE AND IT A
SELF-STARTER
TECHNOPRENEURS – LIKES TO INNOVATE AND
IT IS PART OF THE TEAM
ENTERPRENEURIAL PROCESS
1. OPPURTUNITY ANNALYSIS
2. BUSINESS PLANNING
3. GATHERING RESOURCES
4. IMPLEMANTATION
5. SCALING AND HARVESTING
ENTERPRENEURSHIP - COMES FROM A FRENCH
WORD “ENTREPRENDE”
- Is used to refer to a person who
undertakes or manages a project or
business.
ENTERPRENEURIAL OPPURTUNITIES - IS A
CHANCE TO START AN NEW BUSINESS OR
INTRODUCE TO A NEW PRODUCT OT SERIVCE.
- THOSE SITUATION IN WHICH GOOD AT
SERVICE.
ENTREPRENEURIAL ACTION – ACTION
THROUGH THE CREATION OF A NEW PRODUCT
- IS BEING ABLE TO ASSESS THE AMOUNT
OF UNCERTAINLY PRECIEVED.
ENTREPRENEUR – IS TO ACT THE POSSIBILTY
THAT ONE HAS IDENTIFIED AN OPPURTUNITY
WORTH PURSUING.
ENTREPRENEURIAL THINKING - INDIVIDUAL’S
MENTAL PROCESSES OF OVERCOMING
IGNORANCE TO DECIDE WHETHER A SIGNAL
REPRESENTS AN OPPURTUNITY FOR SOMEONE
HOW ENTREPRENEURS THINK
HIGHLY UNCERTAIN ENVIRONMENTS –
ENTREPRENEURS MUST OFTEN MAKE
DECISIONS
NATURE OF AN ENTREPRENEUR’S DECISION
MAKING ENVIRONMENT
1. THINK STRUCTURALLY
2. ENGAGE IN BRICOLAGE
3. EFFECTUATE
4. COGNITIVELY ADAPT
THINK STRUCTUALLY - A MAKING THESE SOCIAL ENTREPRENEURSHIP
CONNECTIONS BETWEEN A NEW PRODUCT AND
TARGET MARKET. SOCIAL ENTERPRISE - IS DEFINED AS
BUSINESS THAT HAS SPECIFIC SOCIAL
SUPERFICIAL SIMILARITIES – RESEMBLE THE OBJECTIVES THAT SERVE ITS PRIMARY
BASIC ELEMENTS OF THE MARKET
PURPOSE
STRUCTURAL SIMILARITIES – RESEMBLE THE
SUSTAINABLE DEVELOPMENT – IS PERHAPS
UNDERLYING MECHANISMS OF THE MARKET
THE MOST IMPORTANT ISSUE OF OUR TIME
BRICOLAGE – THEY EITHER DEEK RESOURCES
FROM OTHER TO PROVIDE THE SLACK SUSTAINABLE ENTREPRENEURSHIP – IS
FOCUSE ON PRESERVING NATURE.
- entrepreneurs make “do by applying
combinations of the resources at hand 17 SUSTAINABLE DEVELOPMENT GOALS –
to new problems and opportunities.” WHICH ARE AN URGENT CALL FOR ACTION
BY ALL COUNTRIES
EFFECTUATION - Starts with a desired CORPORATE ENTREPRENEURSHIP – A
outcome and focuses on the means to PROCESS THAT IS UTILIZED FOR CREATING
generate that outcome NEW BUSINESS
CASUAL PROCESS IS REFFERED TO AS
PROCESS
ENTREPRENEURS SOMETIMES USE AND
EFFECTUATION PROCESS.
EFFECTUATION PROCESS – IS A PROCESS THAT
STARTS WITH WHAT ONE HAS

COGNITIVE ADAPTABILITY - is reflected in an

entrepreneur’s metacognitive awareness,
- describes the extent to which
entrepreneurs are dynamic, flexible,
self-regulating, and engaged
DECISION FRAMEWORKS – ARE
ORGANIZED ON KNOWLEDGE ABOUT
PEOPLE

ENTREPRENEURIAL MIND-SET - ABILITY TO

RAPIDLY SENSE, ACT, AND MOBILIZE, EVEN
UNDER CERTAIN CONDITIONS.