What is Technopreneurship? Explain Meaning and business model 2022
Technopreneurship. Now that’s a new word, right? So what is it? Well, allow me to explain. Technopreneurship is a method of merging technological expertise with entrepreneurship skills. How cool is that!
A technopreneur is a person who revolutionizes the prevailing economic order by making the best use of technology at hand. They introduce new concepts of products and services in the market. When technopreneurs enter the market, all they have is an idea. You must be thinking that’s the norm, right? Well, here’s the difference! Technopreneurs observe the prevailing business practices and merge them with fresh ideas to create something exclusive.
Didn’t see that coming, did you?
Technopreneurs stand out through their capability to absorb knowledge and implement it. Using technological solutions to revolutionize orthodox practices is what they do and that’s a welcome change in the field of business. Don’t you think?
Is technopreneurship all about technology?
The shortest answer to this is, NO!

We will discuss a bit on this core part because I feel like I have talked a lot about how technopreneurship is about technology. So let’s see if there’s anything beyond that in technopreneurship, shall we?
See, technology does take the center stage here, but that’s not all there is. I have been stressing about the importance of an idea in technopreneurship. The idea is the skeleton here. Once you nail a brilliant idea, you are already halfway through to becoming the next Elon Musk or even Steve Jobs!
Difference between technopreneurship and entrepreneurship

Objectives of technopreneurship
Now that we have covered the major aspects of technopreneurship, it would be unfair to leave out the objectives of technopreneurship. Don’t you think? So allow me to walk you through the main objectives of the technopreneurship ecosystem.
You don’t want to miss this! So here they are:
- Hi-tech projects in Information Technology, life services, the internet, electronics, as well as for biotechnology.
- Service firms with a major focus on technology.
- Design products and services that use the latest form of technology to serve various purposes.
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