techno Flashcards

module 1

1
Q

is a philosophy, a way of building a career or perspective in life.

A

TECHNOPRENEURSHIP

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2
Q

–it is a kind of entrepreneurship in the field of technology.

A

TECHNOPRENEURSHIP

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3
Q

a way of thinking that enables you to overcome challenges, be decisive and accept responsibility for your outcomes.

A

ENTREPRENEURIAL MINDSET

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4
Q

CHARACTERISTICS OF ENTREPRENEURS:

A
  1. DECISIVENESS
  2. CONFIDENCE
  3. ACCOUNTABILITY
  4. RESILIENCE
  5. HUMILITY
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5
Q

– ability to look at a problem or situation and make a confident decision to move forward.

A

DECISIVENESS

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6
Q

– get used to the uncomfortable feeling.

A
  1. CONFIDENCE
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7
Q

-taking responsibility for your actions and outcomes

A

ACCOUNTABILITY

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8
Q

-learn to deal with making mistakes and failing

A
  1. RESILIENCE
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9
Q

– freedom from pride or arrogance

A

HUMILITY

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10
Q

TEAM FORMATION

A
  • SELF MASTERY
  • ENVIRONMENT MASTERY
  • ENTERPRISE MASTERY
  • DEVELOPMENT OF BUSINESS PLAN
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11
Q

– passion comes from knowing yourself.

A
  • SELF MASTERY
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12
Q

– generating business ideas and seeking out opportunities out from his/her environment

A
  • ENVIRONMENT MASTERY
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13
Q

– pertains to the knowledge of the different disciplines

A
  • ENTERPRISE MASTERY
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14
Q
  • Writing the business plan
  • Presenting and defending the business plan
  • Adding refinements to the presented business plan
A
  • DEVELOPMENT OF BUSINESS PLAN
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15
Q

-exploit change as an opportunity for a different business or service.
-Response to both changes within markets and changes from outside markets.

A

INNOVATION

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16
Q

DIFFERENT TYPES OF INNOVATION:

A
  • INCREMENTAL INNOVATION
  • ARCHITECTURAL INNOVATION
  • RADICAL INNOVATION
  • DISRUPTIVE INNOVATION
17
Q

-existing technology, existing market. Adding new features and changes in the design.

A
  • INCREMENTAL INNOVATION
18
Q

– new technology, existing market. Applying new technologies, processes to existing industries.

A
  • DISRUPTIVE INNOVATION
19
Q

-existing technology, new market.

A
  • ARCHITECTURAL INNOVATION
20
Q

– new technology, new market.

A
  • RADICAL INNOVATION
21
Q

INNOVATION COMPRISES 5 THEMES:

A
  1. Making new things
  2. The customer point of view
  3. Everything is negotiable
  4. Everyone needs help
  5. Inspire people
22
Q

HOW TO BE SUCCESSFUL ENTREPRENEUR:

A
  • Build a team
  • Boosts problem-solving skills
  • The decision on the final strategy
23
Q

ELEMENTS OF THE ABILITY TO OVERCOME A CHALLENGE:

A
  1. Able to deal with a series of tough issues
  2. Able to create a solution and work to perfect them
  3. Able to handle many tasks simultaneously
  4. Resilient in the face of setbacks
  5. Willing to work hard and not expect easy solutions
  6. Well-developed problem-solving skills
  7. Able to learn and acquire the skills needed for the tasks at hand