Tuesday, August 25, 2009

Technopreneurship

Technology
Applications of knowledge to human work.

Entrepreneurship
The practice of consistently converting good ideas into profitable commercial ventures.

Innovation
The systematic act of turning “something” (product, idea, information, technology, etc.) into a resource that is of high value to its target market.

What is technopreneurship then?
Technopreneurship is, by a large part, still entrepreneurship. The difference is that technopreneurship is either involved in delivering an innovative hi-tech product (e.g. Intel) or makes use of hi-tech in an innovative way to deliver its product to the consumer (e.g. eBay), or both (e.g. most pharmaceutical companies).

Reference:http://technopreneurship.wordpress.com/2006/11/29/defining-technopreneurship/