College of Engineering and
Architecture
TECHNOPRENEURSHIP
MODULE 1
by MMF
Don Honorio Ventura State University
At the end of the discussion, the
students should be able to:
Relate the entrepreneurial mindset.
Simulate the set-up of team formation.
Develop innovative ideas.
Give examples of products and services
which are related to any of the
specialized areas in civil engineering.
Introduction
Technopreneurship is a philosophy, a way of building a career or
perspective in life.
It is a kind of entrepreneurship in the field of technology. It is a
combination of technological advancements and
entrepreneurial skills.
Technopreneurship is a process of using the developments
brought about by specialized knowledge to come up with
innovations in all the aspects of human life with the aid of a
creative and skillful mind.
What is Technopreneurship?
It is the combination of technology and entrepreneurship.
TECHNOLOGY ENTREPRENEURSHIP
The application of scientific The process by which individuals or a
knowledge to the practical aims group of individuals (entrepreneurs)
of human life or to the change exploit a commercial opportunity,
and manipulation of the human either by bringing a new product or
environment process to the market, or by
substantially improving an existing
good, service, or method of
production.
What is Technopreneurship?
Therefore,
Technopreneurship is an integration of two concepts or processes, namely,
technology and entrepreneurship. Technopreneurship is a philosophy, a way of
building a career or perspective in life. It is a kind of entrepreneurship in the field of
technology. It is a combination of technological advancements and entrepreneurial
skills. Technopreneurship is a process of using the developments brought about by
specialized knowledge to come up with innovations in all the aspects of human life
with the aid of a creative and skillful mind..
Entrepreneur VS Technopreneur?
ENTREPRENEUR TECHNOPRENEUR
A person who always finds out A person who is engaged in
the opportunities and converts it technopreneurship creates a
into reality in the form of versus product or solution that uses
products and services to technological solutions to
maximize profit and develop change the way of doing
their business. something in an orthodox or
conventional ways.
Gets your documents or packages to their
destination, on-demand
Grab Holdings Inc.,
Takes you from A to B
safely with upfront prices
commonly known as Grab, is
Gets you a meal when you are
a Southeast Asian
too busy or tired to go out
technology company
Find everything
you need
headquartered in Singapore
and Indonesia. In addition to
Helps you make
transportation, the company
cardless payments
quickly, safely and
offers food delivery and
Makes paying bills
securely
digital payment services via
less of a chore
a mobile app.
World's Most Successful Entrepreneur
Bill Gates Mark Zuckerberg Jeff Bezos
168 BILLION USD 85.96 BILLION USD 386.1 BILLION USD
Revenue in 2021 Revenue in 2020 Revenue in 2020
Importance of Technopreneurship
It makes easy for people to stay in touch with each other
and comes up with some unpredictable products as well
as solutions that are beneficial for the nation.
It has provided some other benefits to society and the
nation that contributes to economic and human
development.
Importance of Technopreneurship
It creates job and helps the nation to combat the problem
of unemployment.
It promotes entrepreneurial activities that inspires
teammates and employees to grow and start up their
business forms too.
Entrepreneurial Mindset
It creates job and helps the nation to combat the problem
of unemployment.
It promotes entrepreneurial activities that inspires
teammates and employees to grow and start up their
business forms too.
Importance of
1 Limitless Opportunities
Technopreneurship
2 Market Expansion
3 Reduced Cost
4 Access to information
What is an
entrepreneurial
mindset?
Mindset
A mindset is a cognitive belief system consisting of interrelated beliefs, assumptions, and
knowledge that we use to process information, inform our decisions, and guide our
behavior
Entrepreneurial Mindset
An ENTREPRENEURIAL MINDSET is a specific set of beliefs, knowledge, and thought processes
that drives entrepreneurial behavior. It is way of thinking that enables you to overcome
challenges, be decisive and accept responsibility for your outcomes. It is a constant need
to improve your skills, learn from your mistakes, and take continuous action on your ideas.
Decisiveness Resilience
Accountability
Humility
Confidence
CHARACTERISTICS OF
ENTREPRENEURS
Entrepreneurial
team formation
It is the process through which
founders establish a team to
start a new venture—has
important implications for
team performance and
entrepreneurial success.
Self-mastery
SEED
Environment-mastery model
is used to prepare oneself
on how to handle, manage
Enterprise-mastery and assess ourselves to be
good technopreneurs. a
self-help tool for
Development of a
technopreneurships.
business plan
Self-mastery
a passion that comes from knowing yourself.
Self-mastery brings passion. When you know
yourself, you know what you want and do not
want.
does not need high IQ, does need high EQ
and AQ
is naturally a performer, competitive and
efficient, sensual and cheery boss
takes charge
loves a good fight, is whole-brained and
has a personal vision and knows
strengths and weaknesses
Environment-
mastery
Environment mastery is about generating
business ideas and seeking opportunities out
from our environment through serendipity
walks, crises, trends, etc.
understands the industry he/she is in
sees the opportunities, not the problems
is on top of the situation instead of being
under the situation
is the organization/industry innovator
and strategist
Enterprise-
mastery
is about how to run a business. This pertains
to the knowledge of the different enterprise
disciplines such as: Creating the Business,
Marketing Management, Operations
Management, Financial Management, Risk
Management
understands and integrates the functions
of management (marketing, human
resource, operations, and finance)
understands and integrates the process
of management (planning, organizing,
directing, and controlling)
leads and inspires rather than manage
Development
of Business
Plan
Plan covers:
writing the business plan
presenting and defending the business
plan
adding refinements to the presented
business plan
Innovation
Innovation
Is the specific tool of entrepreneurs, the means by which
they exploit change as an opportunity for a different
business or a different service. It is capable of being
presented as a discipline, capable of being learned, capable
of being practiced.
The key point about innovation is that it is a response to
both changes within markets and changes from outside
markets.
Types of
Organizational Innovation
Refers to the development of a new organizational strategy that
Innovation
will somehow change a company’s business practices, as well as
the way its workplace is organized and its relationship with
external stakeholders.
Process Innovation
Is about implementing a new or improved production or delivery
approach, including changes in operational methods, the
techniques used and the equipment or software.
Product Innovation
Is the introduction of a new or improved good or service. These
inventions or changes may have to do with improving technical
specifications, the materials or the software used or even
advancing on user experience.
Types of
Marketing Innovation
Developing a new marketing strategy that produces changes in, for
Innovation
instance, the way a product is designed or packed, or even other
decisions regarding price or promotion.
and their Pro
ors du
at cts
ov an
n
n
d
sI
Se
ou
rv
Fam
ice
s
Steve
Jobs
Steve Jobs launched one
innovation after another,
revolutionizing computers,
entertainment, music, retail,
mobile, and
telecommunications. It's no
wonder that CNBC named
Steve Jobs the #1 most
innovative and transformative
business leader of the past 25
years
Soure: [Link]
jobs/?sh=1dc24bc2751c
Elon
Musk
Elon Musk's greatest
inventions began In 2004
when he invested a
significant amount in Tesla,
which introduced its first
electric car, the Roadster, in
2006. In 2012, the company
launched Model S, followed
by Model X in 2015. Model 3
went into production in
2017.
Source: [Link]
invention/#:~:text=This%20chapter%20of%20Elon%20Musk's,went%20into%20production%20in%202017.
" I have not failed.
I've just found
10,000 ways that
won't work."
Thomas Edison
Source: [Link]
Leonardo
da Vinci
Leonardo’s willingness to cross
intellectual boundaries helped him
solve problems in striking and new
ways. Being an innovator is
something that came naturally to
Leonardo. Always asking questions.
Constantly pushing boundaries.
And never being satisfied with the
status quo are the things that
helped Leonardo become a
consummate innovator.
Source: [Link]
National Inventors Hall of Fame® (NIHF) Inductee Alexander Graham Bell is recognized
for his innovations in telegraphy, or the practice of constructing communications
systems for the transmission of information.
Alexander
Source:
Source: [Link]
telephone#:~:text=National%20Inventors%20Hall%20of%20Fame%C2%AE%20(NIHF)%
Graham Bell 20Inductee%20Alexander%20Graham,for%20the%20transmission%20of%20informati
on.
Initiate and operate a
Entrepreneurial
1
purposeful enterprise
Skills 2 Operate within the context
and industrial environment
at the time of initiation
Identify and screen timely
3
opportunities
Accumulate and manage
4
knowledge and technology
5 Mobilize resources -
Entrepreneurial
financial, physical, and
Skills human
Assess and mitigate
6 uncertainty and risk
associated with the initiation
of the enterprise
Provide an innovative
7
contribution or at least a
contribution that
encompasses novelty or
originality
8 Enable and encourage a
Entrepreneurial
collaborative team of
Skills people who have the
capabilities and knowledge
necessary for success
How to become
a successful
Technopreneur?
Build a
team
Technopreneurship is the
combination of one’s technical
expertise with entrepreneurial
talent
Boosts
Problem-
Solving
Skills
Being a Technopreneur, you ought to
expect troubles at every turn.
Especially, in the beginning, you may
tackle operational changes, funding,
and also, regulatory obstacles. So, it is
necessary to have problem-solving
skills.
The
Decision on
the Final
Strategy
Decision-making is a significant
skill that every technopreneur
must have.
Engr. Mildred Fabian
Thank you!
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