Technopreneurship Concepts

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What is Technopreneurship?

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Simple entrepreneurship in a technology-intensive context, merging technology prowess and entrepreneurial talent.

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Who is a Technopreneur?

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A person who destroys the existing economic order by introducing new products and services.

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What is Entrepreneurship?

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A way of thinking and acting that is opportunity-obsessed, holistic, and balanced for wealth creation.

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What is a Start-Up?

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An entrepreneurial venture that is typically a newly emerged business aiming to meet a marketplace need.

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What does Ecosystem refer to in business?

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The environment in which the business operates, including competitors, consumers, and various regulations.

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List three traits of a good Technopreneur.

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Hardworking, self-confident, goal-oriented.

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What are the 5 Traits of Successful Technopreneurs?

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1. Leadership 2. Flexibility 3. Discipline 4. Strategist 5. Focus

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What is Cyberpreneurship?

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An entrepreneur that utilizes the digital world to start, promote, and innovate their businesses.

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What are the constraints of Technopreneurship?

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Possible loss of invested capital, uncertain income, long business hours.

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Define Creativity in the context of entrepreneurship.

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The act of turning new and imaginative ideas into reality.