Technopreneurship 101 PDF

INTRODUCTION TECHNOPRENEURSHIP 101 Technopreneurship, a fusion of technology and entrepreneurship, refers to the process of integrating technological innovations with entrepreneurial ventures to create new businesses or transform existing ones.  TABLE OF CONTENTS...

INTRODUCTION TECHNOPRENEURSHIP 101 Technopreneurship, a fusion of technology and entrepreneurship, refers to the process of integrating technological innovations with entrepreneurial ventures to create new businesses or transform existing ones.  TABLE OF CONTENTS 01 ENTREPRENEURIAL MINDSET 02 INNOVATION AND IDEAS 03 PRODUCTS AND SERVICES 04 TEAM FORMATION THADDEUS C'ZAR - NATHANIEL HERRERA - EJ LAYSICO - ZAIJHO MOOS ENTREPRENEURIAL MINDSET  MINDSET It is a habitual or characteristic mental attitude that determines how you will interpret and respond to situations. Mindset is the underlying mechanism that can expose opportunities and ignite our ambition, engaging our faculties in ways that enable us to flourish and thrive. Yet, our mindset can also blind us to opportunities and hinder our ability to learn and grow, keeping us tethered to familiar, yet unproductive patterns of thought and action.  ENTREPRENEURIAL MINDSET a specific set of beliefs, knowledge, and thought processes that drive entrepreneurial behavior. a set of skills that enable people to identify and make the most of opportunities, overcome and learn from setbacks, and succeed in a variety of settings. 8 DOMAINS  1 INITIATIVE AND SELF-RELIANCE The power to take ownership of a project without input or guidance and work through obstacles independently. Characteristics: Optimistic, focused, decisive, committed  2 CRITICAL THINKING AND PROBLEM SOLVING The process of applying higher-level, process-oriented thinking skills and using applied reasoning to make decisions. Characteristics: Analytical, Process-Oriented, Logical, Unbiased  3 FLEXIBILITY AND ADAPTABILITY The ability and willingness to change actions and plans to overcome present and future challenges. Characteristics: Optimistic, Adaptable, Proactive, Reactive  4 COMFORT WITH RISK The capacity to move forward with a decision despite inevitable uncertainty and challenges. Characteristics: Determined, Proactive, Analytical, Goal-Oriented, Adaptable  5 FUTURE ORIENTATION An optimistic disposition with a focus on obtaining the skills and knowledge required to transition into a career. Characteristics: Responsible, Inquiring, Goal- Oriented, Forward-Thinking  6 COMMUNICATION AND COLLABORATION The ability to clearly express ideas to an intended audience, including persuading others to work towards a common goal. Characteristics: Persuasive, Cooperative, Flexible, Receptive  7 OPPORTUNITY RECOGNITION The practice of seeing and experiencing problems as opportunities to create solutions.  8 CREATIVITY AND INNOVATION The ability to think of ideas and create solutions to problem without clearly defined structures. INNOVATION AND IDEAS INNOVATION AND IDEAS  WHAT IS INNOVATION? Innovation is commonly defined as the act of introducing something new or significantly improving existing products.  BUSINESS INNOVATION It refers to significant changes or advancements introduced within an organization to enhance its operations, products, or services. TYPES OF BUSINESS INNOVATION Product Innovation Process Innovation Business Model Innovation Service Innovation EXAMPLES OF BUSINESS INNOVATION  HOW TO INNOVATE? Cultivate Curiosity Embrace Continuous Learning Embrace Risk Taking and Experimentation PRODUCTS AND SERVICES  PRODUCTS AND SERVICES In technopreneurship, products and services are central to creating value and driving innovation in technology driven enterprises. Technopreneurs entrepreneurs who focus on technology and innovation often develop or leverage products and services that solve problems, improve efficiency, or create new opportunities.  PRODUCTS AND SERVICES In technopreneurship, the development and provision of products and services are central to driving innovation and creating value in enterprises. Technopreneurs often focus on crafting products and services such as consumer electronics, furniture, and foods, which leverage the basic needs of people  PRODUCTS AND SERVICES EXAMPLES: Foods Mechanic Electronics Technician Furnitures. Consultant Clothes Health care Workers TEAM FORMATION  TEAM FORMATION It is a group of people that works together to complete a common goal. Discovering a right set of experts to assemble a group that can collaborate with each other and can accomplish a given task. 5 STAGES OF TEAM DEVELOPMENT  FORMING This is where team members first meet. It’s important for team leaders to facilitate the introductions and highlight each person’s skills and background. Team members are also given project details and the opportunity to organize their responsibilities.  STORMING At this stage, team members openly share ideas and use this as an opportunity to stand out and be accepted by their peers. Team leaders help teams in this stage by having a plan in place to manage competition among team members, make communication easier, and make sure projects stay on track.  NORMING By now, teams have figured out how to work together. There’s no more internal competition, and responsibilities and goals are clear. Each person works more efficiently because he or she has learned how to share their ideas and listen to feedback while working toward a common goal.  PERFORMING There’s a high level of cohesion and trust between team members. Teams are functioning at peak efficiency with less oversight from team leaders. Issues still come up, but at this point, teams have strategies for resolving problems without compromising timelines and progress.  ADJOURNING Teams complete their project and debrief on what went well and what could be improved for future projects. Afterwards, team members move on to new projects. Now let’s look at how to use this model to amplify the strengths within your remote marketing team so that projects are successful and completed on time.  SUMMARIZATION This topic covers the first steps in practicing technopreneurship. With the help of the vast amount of information discussed, it promotes innovative ideas that involves the utilization of technology combined with entrepreneurship.  THANK YOU LAYSICO, EFRAIM JEDIDIAH B. JOVELLANOS, THADDDEUS C’ZAR T. AGUSTIANA, NATHANIEL AZIS H. MOOS, ZAIJHO B. CHAPTER 01 - INTRODUCTION GROUP 1 CET 0411-5-TECHNOPRENEURSHIP 101 REFERENCES NFTE. (N.D.). THE ENTREPRENEURIAL MINDSET. HTTPS://NFTE.COM/ENTREPRENEURIAL- 01 MINDSET/#:~:TEXT=AN%20ENTREPRENEURIAL%20MINDSET%20IS%20A,IN%20A%20VAR IETY%20OF%20SETTINGS CIIT PHILIPPINES. (N.D.). WHAT IS TECHNOPRENEURSHIP? MEANING AND EXAMPLES. 02 HTTPS://WWW.CIIT.EDU.PH/WHAT-IS-TECHNOPRENEURSHIP-MEANING-AND- EXAMPLES/ MCKINSEY & COMPANY. (N.D.). THE EIGHT ESSENTIALS OF INNOVATION 03 PERFORMANCE. HTTPS://WWW.MCKINSEY.COM/~/MEDIA/MCKINSEY/DOTCOM/CLIENT_SERVICE/STR ATEGY/PDFS/THE_EIGHT_ESSENTIALS_OF_INNOVATION_PERFORMANCE.ASHX TEAMWORK. (N.D.). THE 5 STAGES OF TEAM DEVELOPMENT: WHAT YOU NEED TO 04 KNOW. HTTPS://WWW.TEAMWORK.COM/BLOG/THE-5-STAGES-OF-TEAM- DEVELOPMENT-WHAT-YOU-NEED-TO-KNOW/