Techno_1 Intro to Technopreneurship The Entrepreneurial Mindset Flashcards
It is the application of scientific knowledge and principles to create tools, systems, devices, and methods that solve problems, improve processes, and enhance human life
Technology
How does the Cambridge Dictionary define technology?
The study and knowledge of the practical, especially industrial, use of scientific discoveries.
It is the process of identifying, developing, and bringing a vision to life by creating and managing a business
Etrenprenurship
How does the Harvard Business School define etrenprenurship?
It is the pursuit of resources opportunity beyond controlled, identifying, developing, and bringing a vision to life by creating and managing a business.
What is technopreneurship?
The process of merging innovative technology with entrepreneurial skills to create a new business or revolutionize an existing industry.
It Involves using innovative technology to create and manage a business.
Combination of Technology and Entrepreneurship
It Focuses on solving problems or meeting needs through technological advancements.
Innovation-Driven
it Aims to develop products, services, or solutions that improve efficiency or quality of life.
Value Creation
It is often associated with scalable ventures in industries like software, hardware, or digital platforms.
High Growth Potential
It challenge traditional markets or practices with innovative
solutions.
Disruption-Oriented
Involves strategic risk management to explore new opportunities in tech-driven markets.
Risk-Taking
Relies heavily on technical skills, research, and market insights for success.
Knowledge-Based
True or False: Technopreneurship is only about creating new businesses.
False
Fill in the blank: Technopreneurship aims to develop products, services, or solutions that improve _______.
efficiency or quality of life
What is a core trait of a technopreneurial mindset?
Adaptability
Creativity
Resilience
Proactiveness
What is the characteristic of a Technopreneur?
Visionary Thinking
Innovation-Focused
Tech-Savy
Market Awareness
What are the successful factors of a Technopreneur?
Innovation & Creativity
Market Identification
Networking & Collaboration
Strategic Thinking
