Technoprenurship: Demand of Today’s Entrepreneurs

Abstract

An entrepreneurship is the practice of consistently converting good ideas into profitable commercial ventures. With the systematic act of turning "something" (product, idea, information, technology, etc.) into a resource that is of high value to its target market as this known as innovation. Entrepreneurs need to implement innovation in continues, profitable manner. At that time, technology with entrepreneur plays important role for the effective outputs. Technopreneurship is, by a large part, still entrepreneurship. A technopreneur is an entrepreneur who is technology savvy, creative, innovative, dynamic, dares to be different and take the unexplored path, and very passionate about their work. They take challenges and strive to lead their life with greater success. They don't fear to fail. They take failure as a learning experience, a stimulator to look things differently and stride for next challenge. Technopreneur continuously go through an organic process of continual improvement and always try to redefine the dynamic digital economy. Technopreneurship is either involved in delivering an innovative hi-tech product or makes use of hi-tech in an innovative way to deliver its product to the consumer, or both. Creativity is breaking the conventional mental blocks and playing with imagination and possibilities, leading to new and meaningful connections and outcomes while interacting with ideas, people and the environment. Technopreneurship is the only source of long-run sustainable competitive advantage. In an era of man-made brainpower industries, individual, corporate, and national economic success will all require both new and more extensive skills sets than have been required in the past. By themselves skills don't guarantee success. They have to be put together in successful organizations. But without skills and Technopreneurship there are no successful organizations