(1) Technopreneurship for Engineers

Question 1

why teach technopreneurship skills to engineers and scientists

Answer 1

• to support regional economic development
• for student skill development - to help engineers and scientists to better understand the business side
• to increase the university’s competitive edge
• to increase the nation’s competitiveness in this century’s global economy

Question 2

“Our nation needs engineers who not only can solve engineering problems but can participate in bringing ideas and products to market.”

Answer 2

Frank Huband, Director, ASEE

Question 3

doing things better

Answer 3

the adaptive entrepreneur/engineer

Question 4

higher, faster, cheaper, improved

Answer 4

the adaptive entrepreneur/engineer

Question 5

doing things differently

Answer 5

the inventive entrepreneur/engineer

Question 6

solved problems in tried and understood ways

Answer 6

adaptor

Question 7

new, risky, breakthrough

Answer 7

the inventive entrepreneur/engineer

Question 8

two types of engineers/entrepreneurs based on Michael J. Kirton’s KAI model (Kirton’s Adaptation-Innovation Theory)

Answer 8

• adaptor
• innovator

Question 9

works for slow, incremental change: continuous improvement

Answer 9

adaptor

Question 10

seen as authority in current paradigm

Answer 10

adaptor

Question 11

discovers problems and avenues of solution; questions assumptions; reframes problems

Answer 11

innovator

Question 12

takes control in unstructured situations; invents; provides dynamics to bring about radical changes, new paradigms

Answer 12

innovator

Question 13

seen as adaptor as unsound, impractical, shocking

Answer 13

innovator

Question 14

precise, reliable, disciplined, prudent, conforming

Answer 14

adaptor

Question 15

essential to the functioning system

Answer 15

adaptor

Question 16

when collaborating with investors, supplies stability, order, and continuity to the partnership

Answer 16

adaptor

Question 17

impatient with routine and detail; works best at the fringes

Answer 17

innovator

Question 18

valued for communicating information on advanced technologies

Answer 18

innovator

Question 19

when collaborating with adaptors, supplies strategic vision and breakout ideas, although perceived as undisciplined and chaotic

Answer 19

innovator

Question 20

become entrepreneur

Answer 20

inventors

Question 21

find new problems to solve

Answer 21

initiators

Question 22

“dream up” ideas

Answer 22

creators

Question 23

research phenomena

Answer 23

discoverers

Question 24

work on given problems

Answer 24

problem solvers

Question 25

"plug and chug"

Answer 25

assistants

Question 26

a person who always finds out the opportunities and converts it into reality in the form of products and services to maximize profit and develop their business

Answer 26

entrepreneur

Question 27

a person who is engaged in technopreneurship creates a product or solution that uses technological solutions to change the way of doing something in an orthodox ways

Answer 27

technopreneur

Question 28

an American technology company

Answer 28

Uber

Question 29

services offered by Uber

Answer 29

* ride-hailing * food delivery * package delivery * couriers * freight transportation

Question 30

this is not a product but a procedure of synthesis to improve and innovate the future of a person, a nation, and the globe as a whole

Answer 30

technopreneurship

Question 31

"Comprises of identifying modern technologies and even creation of technological opportunities by the presentation of commercial products and services." - Blanco (2007)

Answer 31

technopreneurship

Question 32

technopreneurship = _____ + _____

Answer 32

* technology * entrepreneurship

Question 33

entrepreneurship in the field of technology

Answer 33

technopreneurship

Question 34

combination of technological advancements and entrepreneurial skills

Answer 34

technopreneurship

Question 35

suitable for a person who is intelligent, innovative, tech-savy, and passionate in the calculation of risk

Answer 35

technopreneurship

Question 36

gets to the next level of success through teamwork

Answer 36

technopreneurship

Question 37

the merging of knowledge in technology with entrepreneurship skills

Answer 37

technopreneurship

Question 38

it requires not only technical knowledge but also a thorough understanding of creativity, the innovation process, marketing, finance, and strategic thinking

Answer 38

technopreneurship

Question 39

technopreneurship trilogy

Answer 39

* technician * entrepreneur * manager

Question 40

entrepreneurs who start and manage their own technology business

Answer 40

technopreneurs

Question 41

examples of technopreneurs

Answer 41

* bill gates (microsoft) * sergey brin & larry page (google) * jack dorsey (twitter) * steve jobs (apple)

Question 42

importance of technopreneurship

Answer 42

* creating employment opportunities * use of local resources * business diversification and decentralization * technological advancement * capital formation * promotion of entrepreneurial activities

Question 43

steps on how to become a technopreneur

Answer 43

* build a team * boost problem-solving skills * decision making * implementation + hard work & determination

Question 44

main focus of technopreneurship

Answer 44

* hi-tech ventures in Information and Communication Technology (ICT), the internet, life services, electronics, and biotech * service firm where the main focus is technology * designing of hi-tech products such as computer hardware and devices * use of technology in delivery of normal business activities

Question 45

true or false: technopreneurship is a product and a procedure to come up with human innovations with the help of technology

Answer 45

false - not a product

Question 46

true or false: technopreneurship is all about making improvements and bring ample benefits in reducing the cost of other businesses

Answer 46

true

Question 47

true or false: it is easy to develop, distribute, store, process, and even access information at a cheap cost; physical space is covered with thousands of papers and now, it is simple to store it as a technological element

Answer 47

true