Lesson 1: Basics of Technopreneurship

Technology

is the application of scientific knowledge to the practical aims of human life-or, as it is sometimes phrased, to the change and manipulation of the human environment

Technology

can be anything created, not-naturally occurring that improves a process, outcome or understanding.

Entrepreneurship

is the process of identifying business opportunities and taking action to create, develop, and manage a new business venture, often involving innovation and risk-taking to achieve profit or value creation.

Technopreneurship

a fusion of technology and entrepreneurship, refers to the process of integrating technological innovations with entrepreneurial ventures to create new businesses or transform existing ones

Technopreneurship

This discipline highlights the use of advanced technologies to develop unique products and services that meet market demands, driving competitive advantage and fostering economic growth.

Examples of technopreneurship

Smart agriculture, Health tech, Fintech innovations, Edtech Solutions, Clean Energy, Smart Cities, Augmented Reality (AR) and Virtual Reality (VR), Ecommerce Personalization

Technopreneurial activities

stimulate a culture of continuous learning and innovation, encouraging the workforce to acquire new skills and adapt to technological advancements.

Technopreneurship

serves as a catalyst for innovation and economic growth

Technopreneurship

is a key driver of economic growth, fostering innovation, job creation, and foreign investment

Silicon Valley (Northern California, USA)

stands as a prime example of transforming into a global tech hub where startups and tech firms generate millions of jobs across industries, from IT to real estate and services

Technopreneurship

specifically focuses on leveraging advanced technological innovations as the foundation of the business

Technopreneurs

often develop products or services that incorporate cutting-edge technologies such as AI, blockchain, or biotechnology, which are integral to their business model and value proposition.

Traditional entrepreneurs

can span a wide range of industries and sectors