Importance Of Technopreneurship

The Importance of Entrepreneurship and Technopreneurship in worldwide

Abstract

In this paper, it sets out the importance of definitions of the entrepreneurship and technopreneuship. It also emphasizes the importance of the similarities and differences between both entrepreneurs and technopreneurs for further understanding the same point of two and thus the advantage learnt, and also have an idea to differentiate both stands. At the same time, this paper will also list out some examples of the brilliant result of entrepreneur and technopreneur. Last but not least, the clear challenges list are drawn to make sure let us know that every single entrepreneurs and technopreneurs faced are extremely tough and also told that what elements should prepare

Therefore, technopreneurship means that it is a synthesis process which in engineering the future of person, community, organization, nation, and world (Vidiyama S.E., 2012). To become a technopreneur, a person always be prepared to break and destroy the old, existing economic order nowadays by applying technology skills. They always introducing new products and services to everyone, by creating or producing new organizational structure and also find out new raw materials, through exploiting. For example, Mark Chang Mun Kee, who is the CEO and founder of “JobStreet.com”, who had created this website to help Malaysians find out the latest job opportunity on the news and job market, and thus directly decrease the unemployment rate among the residents. Take an another example, Pua Khein Seng, who produced the world 's first pen drive with system-on-chip technology in 2001(Kow Kwan Yee, 2012), in which his product to be functioned as a portable, mobile storage for personal and public computing

Compare to normal people, they really need to spend out the countless hours and minutes to make sure a successful business, and the remaining hours are totally worrying them that which parts are not done well. They are actually need to take focus on the ongoing trend and flow of their company so that not turn into worst, bankrupt condition. Although they are not enough sleep and being paid a lot of free time, they still have to accompany with personal stress so that always prepared enough to fight with any limitations and obstacles. As we know, the rewards often gained by these entrepreneurs and technopreneurs are totally outweigh than those normal people, but the risks and stress received are also abnormal too. So, the new, young entrepreneur and technopreneur must able to stay with this tough lifestyle.

Conclusion

As a conclusion, the evidence stated in this paper is good enough to proof that the importance of entrepreneur and technopreneur are influencing the earth today and next few decades. From this paper, it is not just state out the definition of entrepreneurship and technopreneurship for us to differentiate it, but also listed out the similarities and differences between both of them. Therefore, the existence of entrepreneur and technopreneur is extremely vital to every