Technopreneurship lesson 5 and 6

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