TECHNOPRENEURSHIP

DEVELOPMENT CENTRE
TECHNOPRENEURSHIP 1 (HIT 1101)
2022 COURSE OUTLINE
1.0 INTRODUCTION TO
TECHNOPRENEURSHIP
• 1.1 Definition of Technopreneurship
• 1.2 Qualities (traits) of a Technopreneur
• 1.3 Motives for starting a Technopreneurial venture
• 1.4 Differences between a general entrepreneur and technopreneur
• 1.5 Differences between intrapreneurship and entrepreneurship
• 1.6 Case studies of entrepreneurs and technopreneurs
ASSIGNMENT 1

Individual assignment 1
• Analyze any five emerging Technopreneurial opportunities relevant
in your area of study. For each highlight the capabilities and
resources you would require to exploit these opportunities
(100 marks)
• Due on Wednesday 17 August 2022
2.0 BUSINESS OPPORTUNITIES: IDENTIFICATION,
EVALUATION & SELECTION

• 2.1 Idea generation process

• 2.2 Techniques for generating business ideas
• 2.3 Global opportunities for technopreneurs
• 2.4 Market Research
3. INNOVATION AND CREATIVITY

• 3.1 Misinterpretation of innovation

• 3.2 Drucker’s sources of innovative opportunity
• 3.3 Business models
• 3.4 Business Incubation.
4.0 DESIGN THINKING FOR
INNOVATION
• 4.1 Design thinking principles.
• 4.2 Design thinking process
• 4.3 The relationship between creative development and design thinking/practice
• 4.4 Role of futurology in innovation and design thinking
•
• ASSIGNMENT 2
Group Assignment
Apply the design thinking model to solve a problem affecting businesses in an
industry of your choice (100)
• Due on the Monday 5 September 2022
5.0 FORMS OF BUSINESS
ORGANISATION
• 5.1 General forms of Business Organization
• 5.2 Specifications from the Company`s ACT
• 5.3 Informal versus Formal businesses
• 5.3 Business Registration Seminar (Invite an Official from the
Company Registry Office OR a Consultant in Business Registration)
•
• IN-CLASS TEST
• Wednesday 7 September 2022
6.0 TECHNOPRENEURIAL FINANCE

• 6.1 Sources of technopreneurial finance for start-ups

• 6.2 Sources of finance in Abnormal economies/Comatose economies
• 6.3 Technopreneurial Accounting for start-ups
7. CREATING and SUSTAINIG COMPETITIVE
ADVANTAGE

• 7.1 Assessment of Micro Environment (VRIN/VRIO MODEL)

7.2 Assessment of Macro Environment ( PESTPI ANALYS)
•
• 7.2 Industry Analysis Tools
.Porter’s Five Forces Model
SWOT Analysis

TUTORIAL
8.0 INNOVATION AND TECHNOLOGY MANAGEMENT

• 8.1 Emerging Technologies—Past, Present, Future

• 8.2 Open innovation paradigm
• 8.3 Intellectual Property Rights
• 8.4 Internal and external commercialization of technological
innovations

• TEST 2
• 16th of November 2022
9.0 NEW VENTURE CREATION

9.1 Development of Startup Ecosystem

9.2 Route to Market Entry
9.3 Timing the market entry
9.4 Start-up risks and mitigation
COURSE ASSESSMENT

• Students shall be assessed based on two assignments and one test.

The two assignments (each contributing a weight of 5%) and a test
(with a weight of 15%) will contribute 25% towards the final course
mark. The final examination will contribute 75%.

• NB: A minimum CONTINUOUS ASSESSMENT mark of 50 % is required

for students to be allowed to sit for the final examination. Students
are also required to have at least 80 % attendance of lectures to be
allowed to sit for the final examination.