Technopreneurship in the Material World: A Fulcrum for Industrial Development in an Emerging Economy
- 2015
- 1358 - 13
Every nation where people deliberately mainstream innovation or make continuous changes in their products and processes, there is always a competitive edge in their economy. Technopreneurship is the merging of knowledge in technology with entrepreneurship skills. This is basically the engine for economic development. It requires not only technical knowledge but also a thorough understanding of creativity, the innovation process, marketing, finance, and strategic thinking. It is noteworthy that, prosperous nations have a strong and vibrant entrepreneurial base of adventurous youth who are adaptive and inventive. In most developed and emerging economies of the world, where technological innovation has given a boost in the economy of such break-through nations, internship and incubation programmes and start-up trainings even in schools are aimed at raising technoprenuers. These are science and engineering student /researchers that are nurtured in entrepreneurial skills. The civil populace of such nations is ready to do things differently and take new risky break through. Based on these, entrepreneurship forms the sub structure upon which science, technology and the creative...