09/02/2021
TECHNO 1101:
Technopreneurship 101
Prepared by:
Engr. Mary Jane C. Perez
I. Introduction
Entrepreneurial Mindset
Innovation and Ideas
Products and Services
Team Formation
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I. Introduction: Entrepreneurial Mindset
Entrepreneurial Mindset
- a way of thinking that enables you to overcome
challenges, be decisive, and accept responsibility for your
outcomes. It is a constant need to improve your skills, learn
from your mistakes, and take continuous action on your
ideas. Anyone willing to do the work can develop an
entrepreneurial mindset.
Entrepreneurial Mindset: How to develop?
1. Build the habits.
2. Learn some business hacks.
3. You can work towards starting a business and earning
passive income without quitting your job.
4. Do not be afraid of failure, economy or bad ideas.
5. Do not doubt yourselves, your surroundings and your
abilities.
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Entrepreneurial Mindset: Characteristics of
Entrepreneurship
1. Decisiveness
To succeed as an entrepreneur, you must gain the
ability to look at a problem or situation, digest all available
data and make a confident decision to move forward.
When you can’t decide what to do, you delay taking
action.
Entrepreneurial Mindset: Characteristics of
Entrepreneurship
2. Confidence
It is essential that you get used to the uncomfortable
feeling of knowing that you don't know what you’re doing.
Whether it's getting on stage to speak, launching your
product, or learning how to start a blog and publishing
your ideas to the world, we tend to see others doing it and
incorrectly assume they've always been good at it.
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Entrepreneurial Mindset: Characteristics of
Entrepreneurship
3. Accountability
The entrepreneurial mindset comes from taking
responsibility for your actions and outcomes.
From this moment forward, you must accept
responsibility for everything in your life and hold yourself
accountable to it.
Hold yourself accountable – even when you aren’t to
blame – and take action to fix the problem.
Entrepreneurial Mindset: Characteristics of
Entrepreneurship
4. Resilience
As an entrepreneur, you will need to learn to deal with
making mistakes and failing. They are inevitable and a part
of your growth.
Success rarely happens in a straight line. Taking wrong
turns and making mistakes is something that happens to
everyone.
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Entrepreneurial Mindset: Characteristics of
Entrepreneurship
5. Humility
Humility is freedom from pride or arrogance, and it ties
all of the characteristics of entrepreneurship.
From decisiveness to confidence, humility will keep
you focused and centered.
From accountability to resilience, you will continue to
move forward through failure, mistakes, and upsets.
I. Introduction: Innovation and Ideas
What is Innovation?
The act or process of commercializing an invention or
introducing something new or improved that creates
value in the form of a commercial product.
Innovation requires people using new knowledge and
understanding to experiment with new possibilities and
using sound collaborative decision making tools in order
to choose and implement new ideas.
Innovation is the turning of all ideas, big and small, into
successful outcomes. It's the implementation of ideas
generated as a result of the creativity-supporting
culture.
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I. Introduction: Innovation and Ideas
What is Invention?
A new or improved product (material, component,
device, machine, system) or process (synthesis,
treatment, fabrication, method of manufacturing)
discovered as a result of study or
experimentation. Inventions that are novel (unique),
useful and non-obvious to someone skilled in the art can
be patented as compositions of matter, process of
making, or field of use.
Invention is a completely new product or service, a
patent, or a breakthrough.
I. Introduction: Innovation and Ideas
What is Creativity?
Creativity is having ideas, the spotting of an
opportunity or inspiration. This definition includes
both incremental (small) change and
breakthrough thinking.
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I. Introduction: Innovation and Ideas
What is Business Idea?
Ideas – the indispensable start-up ingredient all
inventions and innovations need.
Ideation – the process of forming and relating
ideas that invariably have a bearing on the
identification and resolution of a problem.
Opportunities for making money.
I. Introduction: Innovation and Ideas
Business Ideas: Factors to consider
Internal Factors External Factors
Personal Interest Government support and
assistance
Knowledge/Talent
Tax Incentives
Training/Work
Experience Financing
Other considerations Business Growth Rate
like income,
employment service,
etc..
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I. Introduction: Innovation and Ideas
Ideation Method:
Brainstorming
Synectics
Challenging
Morphological approach
I. Introduction: Innovation and Ideas
Ideation Method: Brainstorming
Brainstorming is a way of generating ideas, in a
group, on a specific theme, by free-association.
Brainstorming is characterized by three main
aspects:
1) elicitation/production of ideas by free-association
2) circulation/acceptance of any idea by positive
attitude
3) selection/combination of ideas for refinement
and with a view to further generation of ideas.
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I. Introduction: Innovation and Ideas
Ideation Method: Synectics
Synectics is based on the systematic use of
analogies for the generation of ideas.
Synectics is characterized by two contrasting
dynamics:
a. Making the strange familiar : compare/associate
strange phenomena to familiar ones
b. Making the familiar strange : see/approach
common phenomena under a new light and from
an unusual perspective
I. Introduction: Innovation and Ideas
Ideation Method: Challenging
Challenging (Why? Why? Why?) is a way of pushing
towards a reformulation of an idea by subjecting it
to strong opposing views with the aim of either
reinforcing or replacing the original idea.
Challenging can refer to:
- assumptions (counter-views)
- specifications (counter-requirements)
- solutions (counter-proposals)
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I. Introduction: Products and Services
Choosing the Line of Business
Product Industries Service Industries
Manufactured products Service enterprises include
intended either for mass repair and maintenance
market or individual shops, printing & machine
customers demand. shops, food catering,
Beauty parlors, dress and
Examples are garments, toys, tailoring shops, recreation
shoes, canned goods, (for mass establishments (like bowling
market); precision instruments for
industrial use, made to order alleys and billiard halls), and
furniture (as specialized entertainment enterprises
products). (such as theaters, disco and
pub house). Retail & trading
is one of the most common
type of service business.
I. Introduction: Team Formation
A team is a group of individuals working together
to achieve their goal.
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I. Introduction: Team Formation
Tuckman’s Stages of Team Formation
1. Forming
2. Storming
3. Norming
4. Performing
I. Introduction: Team Formation
Tuckman’s Stages of Team Formation:
1. Forming
Stage where a group of people come together
to accomplish a shared purpose.
The leader plays a dominant role at this stage
because team members’ roles and responsibilities
aren’t yet clear.
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I. Introduction: Team Formation
Tuckman’s Stages of Team Formation:
2. Storming
Disagreement are constant at this stage of
development since team members are still getting
to know each other.
The leader’s role is to help the team get to
know each other whether to offer team building
activities or simply a listening ear.
I. Introduction: Team Formation
Tuckman’s Stages of Team Formation:
3. Norming
This is when people start to resolve their
differences, appreciate colleagues’ strengths,
and respect the authority of the leader.
The leader shall ask for periodic updates from
the team and regularly check the team’s
progress.
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I. Introduction: Team Formation
Tuckman’s Stages of Team Formation:
4. Performing
Relationships, team processes, and the team’s
effectiveness in working on its objectives are syncing
to bring about a successfully functioning team.
This is the stage at which the real work of the team
is progressing.
The leader shall help solve problems and provide
input as needed.
Technopreneurship
Technopreneurship is not just about technology
alone; but is about how to manage that technology
in order to achieve superior value for the customer.
Also known as cyberpreneurship or netpreneurship
or technology entrepreneurship.
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