Professional Documents
Culture Documents
Instructional Module
Instructional Module
Instructional Module
1. Technopreneurship
1.1 Definition of Terms
1.2 Purposes of Teaching Technopreneurship Skills to Engineers and
Scientists
2 Engineering Entrepreneurs
2.1 Benefits of Technopreneurship
2.2 Difference between Adaptive Entrepreneur/Engineer from Inventive
Entrepreneur/Engineer
2.3 Two types of Engineer Entrepreneur
2.4 What Kind of Engineers are Produced?
3 Innovation
3.1 Innovation’s Framework
3.2 Related Concepts
3.3 4 Common Types of Innovation
This module provides students an in-depth understanding on innovation, its framework, types and
kind. This lesson aims to summarize the importance of Technopreneurship.
V. LESSON CONTENT
Introduction
The term ‘technopreneurship’ is the amalgamation of the century’s most powerful two words –
entrepreneurship and technology. A person who identifies a gap or opportunity in any market, industry
or process, converts it into a service or product, conducts market research, estimates probable profits
and earnings and creates a successful business is called an entrepreneur. The entire process of
doing the same is known as entrepreneurship.
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8293, the copy righted works included in this material may be reproduced for
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Republic of the Philippines
NUEVA VIZCAYA STATE UNIVERSITY
Bambang, Nueva Vizcaya
INSTRUCTIONAL MODULE
IM No. 1: ENGG3-1STSEM-2020-2021
To increase the University’s competitive edge.
To increase the nation’s competitiveness in century’s global economy.
“Our nation needs engineers who not only can do engineering problems but can participate in bringing
ideas and products to market.” – Frank Hubard, Director ASEE
2. Engineering Entrepreneurs
- One who organize, manages and assumes risk of an engineering business enterprise.
- Solve a problem that exist in the market
- One that creates long term value
Adaptor Innovator
Solves problem in tied and understood ways Discover problems and avenues of solutions,
it question assumption
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8293, the copy righted works included in this material may be reproduced for
educational purposes only and not for commercial distribution.”
Republic of the Philippines
NUEVA VIZCAYA STATE UNIVERSITY
Bambang, Nueva Vizcaya
INSTRUCTIONAL MODULE
IM No. 1: ENGG3-1STSEM-2020-2021
“The countries with no natural resources tend to dig inside themselves. They try to tap the
energy, entrepreneurship, creativity, intelligence of their own people rather than drill an oil well” –
Thomas Friedman
Research - The systematic investigations into and study of materials and sources in order to establish
facts reach new conclusion.
Development – the process of +coming into existence or creating something new or more advance.
Translation Research – an effort to build on basic scientific research to create new procedures.
Market-driven – means you are building products that customer wants to buy. The less risky but the
more sensible approach.
Product-driven – means that you are building products that trying to find a market for them.
3. Innovation
- The process of translating an idea or invention into a good or service that creates value or for which
customers will pay.
To be called an innovation, an idea must be replicable at an economical cost and must satisfy a
specific need. Innovation involves deliberate application of information, imagination and initiative in
deriving greater or different values from resources, and includes all processes by which new ideas
are generated and converted into useful products. In business, innovation often results when ideas
are applied by the company in order to further satisfy the needs and expectations of the customers.
Input Output
Production
Laborer Reduced wastage,
Technology processing time, and
Machinery Process production cost
Materials Improved
quality,
3.2 Related Concepts efficiency and
productivity
Process innovation – implementation of new or significantly improved production or delivery methods
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8293, the copy righted works included in this material may be reproduced for
educational purposes only and not for commercial distribution.”
Republic of the Philippines
NUEVA VIZCAYA STATE UNIVERSITY
Bambang, Nueva Vizcaya
INSTRUCTIONAL MODULE
IM No. 1: ENGG3-1STSEM-2020-2021
Business model – describes the rationale of how an organization creates, delivers and captures value
in economic, social, culture, etc. A design for the successful operation of a business, identifying revenue
sources, customer base, products and details of financing.
Innovative Matrix
- One way to categorize innovation is to classify based on technology if uses and the market it operates
in.
Incremental Disruptive
Sustaining Radical
1. Incremental innovation – incremental, gradual and continuous improvements in the existing concepts,
products, processes and services in the existing market.
- Products can be smaller, easier to use or more attractive without changing the core functionality of it.
Services can be made more efficient through constant improvements.
2. Disruptive innovation – refers to a concept, product or service that create a new value network either
by entering an existing market or by creating completely new market.
- A market is generally disruptive by a new entrant than an incumbent.
- Traditional business methods fail and required new capabilities.
3. Sustaining innovation – opposite disruptive innovation, instead of creating new value networks, it
improves and grows the existing ones by satisfying a customer.
- It continues to grow the market slowly, but no longer in the same proportion.
4. Radical innovation – is rare as it has similar characteristics to disruptive innovation but is different in
any way that is simultaneously new revolutionary technology in a new business model.
- Solves global problems
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8293, the copy righted works included in this material may be reproduced for
educational purposes only and not for commercial distribution.”
Republic of the Philippines
NUEVA VIZCAYA STATE UNIVERSITY
Bambang, Nueva Vizcaya
INSTRUCTIONAL MODULE
IM No. 1: ENGG3-1STSEM-2020-2021
business model
9. Development i. creating something new
10. Research j. study of materials and sources in order to
establish facts
D. Essay
1. Explain the basic concepts relative to technopreneurship.
2. Define the two types of engineer entrepreneur and explain their differences/similarities.
3. In your own understanding, explain the innovation’s framework process.
4. Give examples on the related concepts of innovation and explain the significance in the field of
engineering.
5. What kind of engineering student are you? Elaborate your answer.
VII. REFERENCES
http://www.me.mtu.edu/advisory_board/spring2007/Attachment_L.pdf
http://www.reviewingresearch.com/why-research/
https://www.imedpub.com/articles/translational-research-definitions-andrelevance.php?aid=23000
https://inbounddigital.net/digital-marketing-blog/market-driven-vs-product-driven/
https://www.infoclutch.com/blog/product-driven-vs-customer-driven-which-is-best-strategy
https://ec.europa.eu/eurostat/statistics-explained/index.php/Glossary:Process_innovation
file:///C:/Users/Eng-PC/Downloads/SmartGuidetoServiceInnovation_7957.pdf
What is Technopreneurship? What is its meaning, importance & example? - iTMunch
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8293, the copy righted works included in this material may be reproduced for
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