TECHNOPRENEURSHIP

MARK JOSEPH KIM C. BASULA

WHAT IS TECHNOPRENEURSHIP?

• It is a simple entrepreneurship
in a technology intensive
context. It is a process of
merging technology prowess
and entrepreneurial talent and
skills.
SAMPLES OF TECHNOLOGY USED IN A
BUSINESS.

Social Medias such as

facebook,instagram,tweeter,websites.
System, such as Billing, Inventory and
Installment.

These are some examples of technology that

the businesses are using to promote and
make their business fast and efficient.
 WHAT IS THE RELATIONSHIP BETWEEN
TECHNOLOGY, ENTREPRENEURSHIP AND
DEVELOPMENT?

• Technological innovation contributes

to higher levels of economic output
and can deliver new goods and
services that change human lives and
capabilities.

“Humans developed technologies and

the technologies helps the humans.”
 DIFFERENCE:
TECHNOLOGY VS.
BUSINESS(ENTREPRENEURSHIP)

Technology itself is a business!

But

Business without a technology is “nothing”!

EXPLAIN!!!!!!!!!!!!!!
 THE ROLE OF ENTREPRENEURSHIP IN JOB
CREATION AND ECONOMIC GROWTH

• In the United States, small businesses

are often called the backbone of the
economy. Policies that encourage the
growth of small businesses and the role
of entrepreneurship in the market are
considered to be healthy for the
economy at large.
 WHAT IS THE LINK BETWEEN
ENTREPRENEURSHIP AND JOB CREATION?

SUCCESS

JOB

EMPLOYEES
 NATURE OF ENTREPRENEURSHIP

• Innovation : A businessman, who simply

behaves in traditional ways , cannot be an
entrepreneur. Innovation involves problem
solving and the entrepreneur is a problem
solver. According to Schumpeter
entrepreneurship is a creative activity. An
entrepreneur is basically an innovator who
introduces something new in the economy.
 NATURE OF ENTREPRENEURSHIP

• High Achievement : People having high

need for achievement are more likely to
succeed as entrepreneurs. The
achievement motive is, by assumption a
relatively stable enduring characteristic of
an individual. Achievement motive can be
increased by deliberate efforts. Various
studies on psychological roots of
entrepreneurship reveal the presence of
high achievement among successful
entrepreneurs.
 NATURE OF ENTREPRENEURSHIP

• Managerial Skill and Leadership :

According to B.F. Hoselitz, managerial
skills and leadership are the most
important facets of entrepreneurship.
Financial skills are only of secondary
importance. A person who is to
become an industrial entrepreneur
must have more than the drive to earn
profit. He must have the ability to lead
and manage.
 NATURE OF ENTREPRENEURSHIP

• Decision Making – As a leader you

need to decide what to do in case of
problems.
ENTREPRENEURS’S COMPETENCIES

• Risk taking
• Confident
• Optimism
• Strategic Planning
THE END