​Technopreneurship: What it is and What it is Not

Let me begin with a basic understanding of all the terms in this rather ambitious header! An entrepreneur is a person who identifies an opportunity, converts it into a product or service, estimates earnings and profit and builds a successful business with it. A technopreneur starts out with nothing but an 'idea'. He defies existing practices and systems and thinks of doing things differently. He creates a product or solution that uses the heft and capability of technology to change the way something was traditionally done. He succeeded admirably. For e.g. The founders of Uber thought (IDEA) of a different way to call a cab, used the power of technology (built a GPS integrated app) and completely changed the economics of the taxi/cab industry.

A start-up, according to Wikipedia, is an entrepreneurial venture which is typically a newly emerged business that aims to meet a marketplace need by developing a viable business model around a product, service, process or a platform. An ecosystem refers to the environment in which the business operates – including competitors, consumers, resources, government regulations, political, economic, cultural and social variables, all of which have an impact on the way a product is designed and used and the business entity is run...

https://www.entrepreneur.com/article/314142

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by Idham Azhari

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