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Technopreneurship > (1) Technopreneurship for Engineers > Flashcards

(1) Technopreneurship for Engineers Flashcards

1
Q

why teach technopreneurship skills to engineers and scientists

A
  • to support regional economic development
  • for student skill development - to help engineers and scientists to better understand the business side
  • to increase the university’s competitive edge
  • to increase the nation’s competitiveness in this century’s global economy
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2
Q

“Our nation needs engineers who not only can solve engineering problems but can participate in bringing ideas and products to market.”

A

Frank Huband, Director, ASEE

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3
Q

doing things better

A

the adaptive entrepreneur/engineer

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4
Q

higher, faster, cheaper, improved

A

the adaptive entrepreneur/engineer

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5
Q

doing things differently

A

the inventive entrepreneur/engineer

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6
Q

solved problems in tried and understood ways

A

adaptor

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7
Q

new, risky, breakthrough

A

the inventive entrepreneur/engineer

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8
Q

two types of engineers/entrepreneurs based on Michael J. Kirton’s KAI model (Kirton’s Adaptation-Innovation Theory)

A
  • adaptor
  • innovator
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9
Q

works for slow, incremental change: continuous improvement

A

adaptor

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10
Q

seen as authority in current paradigm

A

adaptor

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11
Q

discovers problems and avenues of solution; questions assumptions; reframes problems

A

innovator

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12
Q

takes control in unstructured situations; invents; provides dynamics to bring about radical changes, new paradigms

A

innovator

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13
Q

seen as adaptor as unsound, impractical, shocking

A

innovator

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14
Q

precise, reliable, disciplined, prudent, conforming

A

adaptor

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15
Q

essential to the functioning system

A

adaptor

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16
Q

when collaborating with investors, supplies stability, order, and continuity to the partnership

A

adaptor

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17
Q

impatient with routine and detail; works best at the fringes

A

innovator

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18
Q

valued for communicating information on advanced technologies

A

innovator

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19
Q

when collaborating with adaptors, supplies strategic vision and breakout ideas, although perceived as undisciplined and chaotic

A

innovator

20
Q

become entrepreneur

A

inventors

21
Q

find new problems to solve

A

initiators

22
Q

“dream up” ideas

A

creators

23
Q

research phenomena

A

discoverers

24
Q

work on given problems

A

problem solvers

25
Q

“plug and chug”

A

assistants

26
Q

a person who always finds out the opportunities and converts it into reality in the form of products and services to maximize profit and develop their business

A

entrepreneur

27
Q

a person who is engaged in technopreneurship creates a product or solution that uses technological solutions to change the way of doing something in an orthodox ways

A

technopreneur

28
Q

an American technology company

A

Uber

29
Q

services offered by Uber

A
  • ride-hailing
  • food delivery
  • package delivery
  • couriers
  • freight transportation
30
Q

this is not a product but a procedure of synthesis to improve and innovate the future of a person, a nation, and the globe as a whole

A

technopreneurship

31
Q

“Comprises of identifying modern technologies and even creation of technological opportunities by the presentation of commercial products and services.” - Blanco (2007)

A

technopreneurship

32
Q

technopreneurship = _____ + _____

A
  • technology
  • entrepreneurship
33
Q

entrepreneurship in the field of technology

A

technopreneurship

34
Q

combination of technological advancements and entrepreneurial skills

A

technopreneurship

35
Q

suitable for a person who is intelligent, innovative, tech-savy, and passionate in the calculation of risk

A

technopreneurship

36
Q

gets to the next level of success through teamwork

A

technopreneurship

37
Q

the merging of knowledge in technology with entrepreneurship skills

A

technopreneurship

38
Q

it requires not only technical knowledge but also a thorough understanding of creativity, the innovation process, marketing, finance, and strategic thinking

A

technopreneurship

39
Q

technopreneurship trilogy

A
  • technician
  • entrepreneur
  • manager
40
Q

entrepreneurs who start and manage their own technology business

A

technopreneurs

41
Q

examples of technopreneurs

A
  • bill gates (microsoft)
  • sergey brin & larry page (google)
  • jack dorsey (twitter)
  • steve jobs (apple)
42
Q

importance of technopreneurship

A
  • creating employment opportunities
  • use of local resources
  • business diversification and decentralization
  • technological advancement
  • capital formation
  • promotion of entrepreneurial activities
43
Q

steps on how to become a technopreneur

A
  • build a team
  • boost problem-solving skills
  • decision making
  • implementation + hard work & determination
44
Q

main focus of technopreneurship

A
  • hi-tech ventures in Information and Communication Technology (ICT), the internet, life services, electronics, and biotech
  • service firm where the main focus is technology
  • designing of hi-tech products such as computer hardware and devices
  • use of technology in delivery of normal business activities
45
Q

true or false:

technopreneurship is a product and a procedure to come up with human innovations with the help of technology

A

false - not a product

46
Q

true or false:

technopreneurship is all about making improvements and bring ample benefits in reducing the cost of other businesses

A

true

47
Q

true or false:

it is easy to develop, distribute, store, process, and even access information at a cheap cost; physical space is covered with thousands of papers and now, it is simple to store it as a technological element

A

true

Technopreneurship (4 decks)

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