M R Khan

VFM BUKC
 Chapter 3
Introduction to Technological Entrepreneurship
 Land, Labor and Capital----------------------Adam Smith (1776)

 Entrepreneurship and Technology--------Joseph Schumpeter (1934)

 Knowledge --------Peter Drucker (1998)

 Technological Learning -------(Carayannis 2009)

 There is a clear role, opportunity and challenge for entrepreneurs around the world to accelerate and affect economic growth,

and leverage the Digital Divide through business initiatives in the private sector.

 Knowledge-based and knowledge-supported entrepreneurship will be the pre-eminent driver of innovation in the twenty-first century.

 This vision is particularly promising and appealing in the context of e-Development towards the Knowledge Economy
 Chapter 3
Introduction to Technological Entrepreneurship
 Chapter 3
Introduction to Technological Innovation
 Types of Entrepreneurship
 Mixed Entrepreneurship
 Intrapreneurial Entrepreneurship (Employee Entrepreneurship)
 Capitalist Entrepreneurship
 Pure Entrepreneurship
 Social Entrepreneurship
 Collaborative Entrepreneurship
 Internal Entrepreneurship
 External Entrepreneurship
 Chapter 3
Introduction to Technological Entrepreneurship
 General Entrepreneurship
 Factors that Constitute General Entrepreneurship
General economic Situation
 Technology
 Moral conventions and social values
 Political Climate
 Law and Constitution
 Population
 Natural Wealth
 Competitors
 Customers
 Suppliers
 Professional Association
 Pressures Group
 Unions of employees
 Partner Enterprises
 Chapter 3
Introduction to Technological Entrepreneurship
 Sustainable Entrepreneurship
 Sustainable Entrepreneurship is defined as: ‘The creation of viable, profitable and scalable firms that engender
the formation of Innovation Networks and self-replicating and mutually enhancing Knowledge Clusters leading
towards the so-called Robust Competitiveness (Carayannis 2005, 2006, 2007, 2008, 2009, 2010).’
 www.venturelab.ucf.edu/resources.bizplan.html
 Chapter 3
Introduction to Technological Entrepreneurship
Entre
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Essential Components of Continuous and

ur ial Att
ribute
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Sustainable Innovation

l Skill s
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 Chapter 3
Introduction to Technological Entrepreneurship
Risk Taking
Failure
Motivation
The Model of the Learning Lifecycle and the Learning Str
‘What is learning? In French, the word “learning” means both “teach” and “learn”. This ambiguity is important in itself: in fact, maybe the differe
This model consists of the cognitive, behavioral, and physical development stages of the human lifecycle, namely
Fetal
Growth
Maturation
Stagnation/ Fall
 Business Incubators
 Business Incubators are organizations that provide protective environments and support for business start-
ups.
 According to Porter ( 1986 ), we distinguish four different fi elds of incubator activity or elements of
competitive scope.
 Vertical Scope
 Segment Scope
 Geographical Scope
 Industry Focus
Most common incubator archetypes are:
1. Regional Business Incubators
2. 2. University Incubators
3. 3. Independent Commercial Incubators
4. 4. Company-Internal Incubators
5. 5. Virtual Incubators The most
 The following are identified as five core incubator services:
 1. Access to physical resources— I
 2. Office Support—
 3. Access to financial resources—
 4. Entrepreneurial startup support—
 5. Network access—
 https://onlinelibrary.wiley.com/doi/abs/10.1002/jsc.2400
 https://www.youtube.com/watch?v=SE5g0RXJbI8