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High-tech industry
characterized by an extremely complex supply chain, relying on multiple external partners like design consultancies and Electronics Manufacturing Services (EMS)
EMS
Electronics Manufacturing Services
Entrepreneurs
play a central role in societal and economic progress by creating innovative and technology-driven businesses
Success
begins with identifying and communicating a strong business opportunity, building a sustainable business model, and crafting a competitive innovation strategy
250
A study of ___ Northern California tech companies (1960s–1988) found
50%
failed
32%
were acquired/merged
18%
survived independently
poor market-product fit, undercapitalization, managerial issues
common failure factors
success indicator
78% of surviving companies had original founders still involved.
know yourself, love your product, honor your customer, treat your people well, keep your integrity
five lessons from long-term survivors
technopreneur
uses technology to create new solutions that challenge traditional method
Artificial intelligence & Machine learning(AI/ML), Augmented & Virtual Reality (AR/VR), Blockchain and Decentralized Systems, Internet of Things (IoT), 3D and Additive Manufacturing
examples of game-changing technologies driving modern technopreneurship
willingness to take action, knowledge, creativity, skills, intelligence, patience, persistence, teamwork, calculated risk-taking, self-confidence, experience, talent, honesty, connections, luck
Key success factors
Willingness to take action
the most critical factor
Knowledge
domain-specific and business-related
Creativity
fuels innovation and uniqueness
Skills
practical application of knowledge
Intelligence
for decision-making and problem-solving
Patience
enduring long business journeys
Persistence
refusing to give up despite setbacks
Teamwork
success requires collaborative effort
Calculated risk-taking
managing uncertainly wisely
Self-confidence
belief in oneself and the venture
Experience
past learning applied to new challenges
Talent
though useful, it can be developed or substituted with effort
Honesty
builds credibility, though can be challenging in complex situations
Connections
networks offer access to resources and opportunities
Luck
occasionally plays a role but not a dependable factor
Technopreneurship
a modern extension of traditional entrepreneurship, characterized by the use of technology and innovation to develop novel products, services, or business models
Technopreneurs
differ from conventional entrepreneurs in that their ventures are often high-risk, high-reward, heavily reliant on intellectual property, and possess strong potential for scalability.
Spanish Era (1879–1898)
The first copyright law was the Spanish Law on Intellectual Property (1879). Patent rights were also recognized but processed through Spain
American Era (1898–1945)
After the Treaty of Paris, the U.S. introduced its own patent laws via Act No. 2235 and later, Act No. 3134, based on U.S. Copyright Law (1909).
1947
The Philippines passed Republic Act 165 (Patents) and Republic Act 166 (Trademarks) in
Presidential Decree 49
replaced earlier copyright laws during the Marcos regime.
Republic Act 8293 (1998)
the Intellectual Property Code of the Philippines modernized and consolidated the country’s IP laws
The 1987 Philippine Constitution, Article XIV, Section 13
recognizes and protects the IP rights of Filipino creators, scientists, and inventors
Copyrights, trademarks and service marks, patents, industrial designs, trade secrets
Ip law in the philippines protects
Business Registration Processes
Registering a business is essential for legal recognition, tax compliance, and operational legitimacy. The registration steps differ based on the form of business
5 years
DTI registration is valid for
Trade Laws and Economic Agreements
Understanding trade laws is critical for technopreneurs aiming to engage in domestic or international trade
ASEAN Trade in Goods Agreement (ATIGA)
): Seeks free flow of goods in Southeast Asia through reduced tariffs and streamlined rules
Philippines–Japan Economic Partnership Agreement (PJEPA)
Covers trade, investments, IP, labor mobility, and more
Philippines–EFTA (European Free Trade Association) FTA
Signed with Iceland, Norway, Switzerland, and Liechtenstein; includes trade in goods, services, and IP protections