Technoprenuership

Technopreneurship

Technopreneurship

The use of cutting-edge technology to develop new business models or a technology-based entrepreneurial activity.

Technology

The application of scientific knowledge for practical purposes, especially in industry, aimed at solving problems affecting individuals or society.

Entrepreneurship

The act of creating and scaling a business to generate profit, with a transformative power that targets social change.

Employment creation

Technopreneurs create job opportunities for themselves and others, aiding in reducing unemployment rates.

Local Resource utilization

Technopreneurship helps in utilizing and increasing the value of under-utilized local resources.

Decentralization and diversification of business

Technopreneurs identify business opportunities in various areas, leading to contextualized enterprises and reduced market monopolies.

Promotion of technology

Technopreneurs contribute to technology development, fostering innovation in society.

Capital formation

Technopreneurship boosts capital formation through innovative ventures, enabling future production and investments.

Promotion of entrepreneurial culture

Technopreneurs serve as models for the youth, encouraging the development of innovative enterprises.

Small Business Entrepreneurship

Family-owned or locally managed businesses that sustain the owner's living expenses without external investors or expansion.

Scalable Startup

Innovative ventures attracting investors, focusing on scalability, requiring venture capital for growth, like CDR-King.

Large Company

Established companies evolving by offering new products, creating new business divisions within their existing framework, exemplified by SM.

Social Entrepreneurship

Businesses aiming to benefit society or the environment, driven by social impact rather than profits, like Virtualahan and ANTHILL.

Incremental, Imitative, Rent-seeking, and Innovative Businesses

Classifications based on the level of novelty and business model, including variations of existing enterprises, franchises, trademark collaborations, and new product development.