{"id":6220,"date":"2021-04-27T23:47:55","date_gmt":"2021-04-27T16:47:55","guid":{"rendered":"https:\/\/www.tibdglobal.com\/?p=6220"},"modified":"2026-10-01T18:08:07","modified_gmt":"2026-10-01T11:08:07","slug":"technopreneurship-new-breed-of-entrepreneurship","status":"publish","type":"post","link":"https:\/\/www.tibdglobal.com\/en\/technopreneurship-new-breed-of-entrepreneurship\/","title":{"rendered":"Technopreneurship: New Breed of Entrepreneurship"},"content":{"rendered":"The era of digital industrialization today has many interesting phenomena that we can see. Starting from the increasing number of digital startup businesses that are starting to grow and develop even in running any business today. Governments around the world also continues to support the boom of the rising numbers of entrepreneurs that utilizes their technological skills thus the creation of the term \u201ctechnopreneur\u201d.\r\n\r\n<!--more-->\r\n\r\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\"><p class=\"ez-toc-title\" style=\"cursor:inherit\">Contents<\/p>\n<\/div><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tibdglobal.com\/en\/technopreneurship-new-breed-of-entrepreneurship\/#what_is_a_technopreneur\" >What is a Technopreneur?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tibdglobal.com\/en\/technopreneurship-new-breed-of-entrepreneurship\/#famous_technopreneurs_in_the_world\" >Famous Technopreneurs in the World<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tibdglobal.com\/en\/technopreneurship-new-breed-of-entrepreneurship\/#the_future_of_technopreneurship\" >The Future of Technopreneurship<\/a><\/li><\/ul><\/nav><\/div>\n\r\n<h2><span class=\"ez-toc-section\" id=\"what_is_a_technopreneur\"><\/span>What is a Technopreneur?<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\nAs defined by the Collins Dictionary, \u201ctechpreneurs are entrepreneurs who start and manage their own technology business.\u201d The name originated from the year 1990s and a blend of \u201ctechno\u201d and \u201centrepreneur\u201d who takes the calculated risks in the techy world.\r\n\r\nThe concept of &#8220;technopreneur&#8221; combines a specialist and a businessman. The specialist understands technology: how it works, how to improve and fix it. An entrepreneur is versed in business: he knows how to find a team, attract investment, package, monetize and promote a product. Having set things in context, Technopreneurship is a new breed of entrepreneurship. To reach the stage in that direction, an aspiring technopreneur must also be able to utilize technology properly and correctly. Good technology means that its use can be useful for people\u2019s activities, so that its use cannot bring a bad impact.\r\n<h2><span class=\"ez-toc-section\" id=\"famous_technopreneurs_in_the_world\"><\/span>Famous Technopreneurs in the World<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\nA prominent example of a technopreneur is Elon Musk. He generates ideas, deals with the product, attracts funding &#8211; he understands everything. To succeed in the technosphere, you need to be technically savvy, can gather financial investments,team player, and be able to test hypotheses and analysis. Another famous example of technopreneur is Mark Zuckerberg with the creation of Facebook. In Asia, the most famous success story is Jack Ma with his founding of Alibaba, the world\u2019s largest retailer and e-commerce company. Having the opportunity to travel to US for a work related visit, it was his first experience to computers and internet and his first internet search is the word \u201cbeer\u201d. Pictures of beers from different countries appeared but not anything from China. He then searched the word \u201cChina\u201d and not a single word came up then voila! He realized that there is a huge opportunity and it is the high time for China to be on internet. The rest is history.Like the inspirational story of Jack Ma, technopreneurs must also be able to capture the potential of digital business opportunities that are increasingly developing and must be able to adapt to current technological developments.\r\n<h2><span class=\"ez-toc-section\" id=\"the_future_of_technopreneurship\"><\/span>The Future of Technopreneurship<span class=\"ez-toc-section-end\"><\/span><\/h2>\r\nExperts predict that in the coming decades, labor economics will require just such specialists &#8211; equally well educated in technical terms and in business. Young technopreneurs who are motivated for success, understand the needs of technology markets, know how to work in a team, know the basics of business, the intricacies of technological processes, and have fundamental engineering competencies, are able to become the basis of the business of the near future.\r\n\r\nAs of first quarter of 2020, there are 4.8 billion internet users in the world which is about 62% of the world population. Likewise, the market share of digital technology utilization in the e-commerce sector is growing at an exponential rate worldwide and is getting very dominant compared to traditional market channels, thus paving a way of opportunities for additional thousands or millions of technopreneurs in the coming years.","protected":false},"excerpt":{"rendered":"excerpt","protected":false},"author":3,"featured_media":20570,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"episode_type":"","audio_file":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","filesize_raw":"","footnotes":""},"categories":[155],"tags":[],"class_list":["post-6220","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-business-en"],"_links":{"self":[{"href":"https:\/\/www.tibdglobal.com\/en\/wp-json\/wp\/v2\/posts\/6220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tibdglobal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tibdglobal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tibdglobal.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tibdglobal.com\/en\/wp-json\/wp\/v2\/comments?post=6220"}],"version-history":[{"count":1,"href":"https:\/\/www.tibdglobal.com\/en\/wp-json\/wp\/v2\/posts\/6220\/revisions"}],"predecessor-version":[{"id":6223,"href":"https:\/\/www.tibdglobal.com\/en\/wp-json\/wp\/v2\/posts\/6220\/revisions\/6223"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tibdglobal.com\/en\/wp-json\/wp\/v2\/media\/20570"}],"wp:attachment":[{"href":"https:\/\/www.tibdglobal.com\/en\/wp-json\/wp\/v2\/media?parent=6220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tibdglobal.com\/en\/wp-json\/wp\/v2\/categories?post=6220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tibdglobal.com\/en\/wp-json\/wp\/v2\/tags?post=6220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}