technopreneurship for engineers

Question 1

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

Answer 1

Frank Huband

Question 2

higher, faster, cheaper, improved
doing this better

Answer 2

the adaptive entrepreneur/engineer

Question 3

new, risky, breakthrough
doing things differently

Answer 3

the innovative entrepreneur/engineer

Question 4

works for slow, incremental change: continuous improvement

Answer 4

adaptor

Question 5

takes control in unstructured situations: invents

provides dynamics to bring out about radical changes, new paradigms

Answer 5

innovator

Question 6

essential to the functioning of the system

Answer 6

adaptor

Question 7

valued for communication information on advanced technologies

Answer 7

innovator

Question 8

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

Answer 8

entrepreneur

Question 9

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

Answer 9

technopreneur

Question 10

an american tech company. its services include ride-hailing, food delivery, package delivery, couriers, freight transportation

Answer 10

Uber

Question 11

it comprises of identifying modern technologies and even creation of technological opportunities by the presentation of commercial products and services

Answer 11

technopreneurship

Question 12

technopreneurship trilogy

Answer 12

technician
entrepreneur
manager

Question 13

entrepreneur who start and manage their own technology business

Answer 13

technopreneurs

Question 14

examples of technopreneurs

Answer 14

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

Question 15

importance of technopreneurship

Answer 15

-creating employment opportunities
-use of local resources
-business diversification & decentralization
-technological advancement
-capital formation
-promotion of entrepreneurial activities

Question 16

Steps to become a technopreneur

Answer 16

1 build a team
2 boost problem-solving skills
3 decision-making
4 implementation + hard word & determination

Question 17

Main focus of technopreneurship

Answer 17

-hi-tech ventures in ICT
-designing of hi-tech products such as computer hardware and devices
-use of technology in the delivery of normal business activities

Question 18

is not a product but a procedure to come up with human innovations with the help of technology

Answer 18

technopreneurship

Question 19

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

Answer 19

technopreneurship

Question 20

it makes easy to develop, distribute, store, process, and even access information at a cheap cost

Answer 20

technopreneurship

Question 21

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

Answer 21

technopreneurship