Basics of Technopreneurship Course Model – SEED Goal-Oriented

a. Employment creation – Entrepreneurs create S = Self Mastery - passion comes from knowing yourself. Responds to feedback
employment for themselves and other people
b. Local resources – When entrepreneurs utilize local E = Environment Mastery - is about generating business
resources ideas and seeking opportunities
c. Decentralization and diversification of business –
E = Enterprise Mastery - is how to run a business
Entrepreneurs are able to identify business opportunities
and locate these businesses in suitable areas, including D = Development of a Business Plan - writing the business
rural areas. plan
d. Promotion of technology – By being creative,
entrepreneurs are able to contribute to the utilization and
development of technology.
4 Types of Entrepreneurship
e. Capital formation – Entrepreneurship increases capital
formation and investment. 1. Incremental - Routine business, modest novelty
f. Promotion of an entrepreneurial culture – By projecting
successful images, entrepreneurs become models than can 2. Imitative - Imitation of venture, same business model
be copied by young people. and template

3. Rent-seeking -Business that utilizes standards,

Technopreneurship is entrepreneurship in the field of
technology.
A technopreneur needs to think “out of the box”. The box
is the logic of an industry, business or product.
regulations and laws.
4. Innovative - Business based on innovation (new cure for
infectious diseases, new production.

Logic is the foundation to start thinking out of the box.

Characteristics of an Entrepreneur
Logic topped with creativity results to innovation.
Hard Working - This involves the ability to work for long
hours when necessary,
Technopreneurship Defined
Self-Confident - entrepreneurs have to believe in
Entrepreneurs - people who enter into new and pioneering themselves and in their ability
ventures.
Builds for the Future
- is whole-brained, meaning he/she uses both the left brain
Profit-Oriented
(logical) and right brain (creative).
Goal-Oriented

Persistent
Entrepreneurship – Starting up a new business