Ict 214 Technopreneurship 126924 148116

8/10/2019 Ict 214 Technopreneurship 126924 148116

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BEE4613 Technopreneurship

TechnopreneurshipTechnopreneurship

BEE4613BEE4613


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SyllabusSyllabus

Chapter 1:Chapter 1:Technopreneur & TechnopreneurshipTechnopreneur & Technopreneurship

Chapter 2Chapter 2 Business Opportunities: Identifcation,Business Opportunities: Identifcation,

Evauation & !eectionEvauation & !eection

Chapter 3Chapter 3

Innovation and TechnopreneurshipInnovation and Technopreneurship


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Chapter 4Chapter 4 "or#s o$ Business Entities, %euations and"or#s o$ Business Entities, %euations and

Business !upport !'ste#Business !upport !'ste#

Chapter (Chapter ( Business )anBusiness )an

Chapter 6Chapter 6

*anae#ent o$ a !#a Business*anae#ent o$ a !#a Business


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Chapter +Chapter + *aretin*aretin

Chapter -Chapter - Operations *anae#entOperations *anae#ent

Chapter .Chapter . "inancia )an"inancia )an

Chapter 1/Chapter 1/ Issues on TechnopreneurshipIssues on Technopreneurship


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AssessmentAssessment

Test 1Test 1 : 1(0: 1(0

Test 2Test 2 : 1(0: 1(0

)resentation)resentation : 3/0: 3/0Business )an %eportBusiness )an %eport : 4/0: 4/0

"ina Ea#"ina Ea# : /0: /0

TOTALTOTAL : 100%: 100%


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e!erencese!erences

ii iT* Entrepreneurship !tud' roupiT* Entrepreneurship !tud' roup52//4 752//4 7"un#amentals o!"un#amentals o!EntrepreneurshipEntrepreneurship8 )earson )rentice8 )earson )rentice9a9a

iiii )eter "rucer 51..3 7)eter "rucer 51..3 7$nnoation an#$nnoation an#EntrepreneurshipEntrepreneurship8 9arperBusiness8 9arperBusiness

iiiiii ;Chan r 52//1 7The BusinessThe Business

'lannin& (ui#e'lannin& (ui#e8, ?dvantae @uest8, ?dvantae @uest)u=ications)u=ications


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Sub)ect assi&nmentSub)ect assi&nment

Business proposaBusiness proposa

A ? roup consists o$ #a 6 students? roup consists o$ #a 6 students

A %eister roup #e#=ers%eister roup #e#=ers

CEO#anaerCEO#anaer

A Brain stor#in sessionBrain stor#in session

T'pe o$ =usinessT'pe o$ =usiness

T'pe o$ productT'pe o$ product Co##ercia vaueCo##ercia vaue


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*o+ &reat +e are,*o+ &reat +e are,


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Are they anyAre they any

businessbusinessopportunitiesopportunities

!rom this!rom this

scenery,scenery,


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*o+ about this messy room,*o+ about this messy room,


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*o+ about communication in#ustry,*o+ about communication in#ustry,


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*o+ about airlines in#ustry,*o+ about airlines in#ustry,


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/hy +e nee# an/hy +e nee# an

entrepreneur,entrepreneur,


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Identi$' ho #an' o$Identi$' ho #an' o$

A Business ite#s 5e have to pa'DBusiness ite#s 5e have to pa'D

A onF=usiness ite#s 5$ree o$ chareDonF=usiness ite#s 5$ree o$ chareD

A Inside this ecture roo#GGGInside this ecture roo#GGG

)ercentaeDGGG)ercentaeDGGG

0 H0 H Business ite#s A nonF=usiness ite#sBusiness ite#s A nonF=usiness ite#s

1//01//0

Business ite#sBusiness ite#s


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EntrepreneurEntrepreneur

TechnopreneurTechnopreneur

$ntrapreneur $nnoator$ntrapreneur $nnoatorana&erana&er


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Earlier 2ie+points 1005Earlier 2ie+points 1005

170s8170s8

The ord entrepreneur co#es $ro#The ord entrepreneur co#es $ro#

"rench ord"rench ord 9entrepren#re9entrepren#re

;;Entrepren#re


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EntrepeneurEntrepeneur

EntrepreneurEntrepreneur inestsinests,, trans!ormstrans!ormsand #aes 5and #aes 5pro=t or losspro=t or loss

%ichard Cantion, "rench econo#istJ%ichard Cantion, "rench econo#istJ

A In other ords, oods are =ouht at aIn other ords, oods are =ouht at a

certain price, vaue is added ='certain price, vaue is added ='

trans$or#in 5trans$or#in 5the least bein& tothe least bein& to

repac.repac. the oods, and the oods are the oods, and the oods arethen sod at an uncertain pricethen sod at an uncertain price


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77The tas o$The tas o$ !ormin& an or&anisation!ormin& an or&anisation$or$or commercial purposescommercial purposes88

?da# !#ith 1.++J?da# !#ith 1.++J

In his =oo,In his =oo, Wealth of NationsWealth of Nations

77The a=iit' toThe a=iit' to !oresee potential!oresee potential

throu&h chan&es in the economythrou&h chan&es in the economy

and toand to act on the #eman# therebyact on the #eman# therebycreate#create#88


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77The entrepreneur as said toThe entrepreneur as said to

in>uence society by !ormin&in>uence society by !ormin&

enterprisesenterprisesand as in turnand as in turn

inKuenced =' societ' to reconiseinKuenced =' societ' to reconiseneeds and to $uf throuh si$uneeds and to $uf throuh si$u

#anae#ent o$ resources8#anae#ent o$ resources8

>ean Ba=tiste !a', 1./3, "rench>ean Ba=tiste !a', 1./3, "renchEcono#istJEcono#istJ


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77Entrepreneurs areEntrepreneurs are economiceconomic

a&entsa&entshoho trans!orm resourcestrans!orm resources

into &oo#s an# sericesinto &oo#s an# serices, there=', there='

creatin an environ#ent conducivecreatin an environ#ent conduciveto industria roth8 Car *ener,to industria roth8 Car *ener,

1-+1,1-+1, Principles of EconomicsPrinciples of EconomicsJJ


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!ource: avid 99ot Entrepreneurship!ource: avid 99ot Entrepreneurshipe Lenture Creation Eneood CiMs,e Lenture Creation Eneood CiMs,

>: )renticeF9a 1..2, p(>: )renticeF9a 1..2, p(

en&ers o#el o! 2alue5A##e#Trans!ormation o! esources


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77Entrepreneurship is aEntrepreneurship is a creatiecreatie

#estruction !orce#estruction !orcethat sees thethat sees the

destruction o$ usua a's o$ doindestruction o$ usua a's o$ doin

thins =' the introduction o$thins =' the introduction o$ ne+ne+improe# +aysimproe# +ays88

>oseph !chu#peter, 1.34, ?ustrianJ>oseph !chu#peter, 1.34, ?ustrianJ


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EntrepreneurshipEntrepreneurshipis ais a processprocessand theand the entrepreneur is anentrepreneur is an

innoatorinnoatorho uses processes toho uses processes to

chaene eistin nor#s viachaene eistin nor#s viaco#=inations o$ ne resources andco#=inations o$ ne resources and

#ethods in co##erce#ethods in co##erce


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TechnopreneurTechnopreneur

The' are entrepreneurs ho usedThe' are entrepreneurs ho used

7technoo'8 as their driven $actor in7technoo'8 as their driven $actor in

trans!ormin& resources intotrans!ormin& resources into

&oo#s an# serices&oo#s an# serices, creatin an, creatin anenviron#ent conducive to industriaenviron#ent conducive to industria

roth8Droth8D


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$nnoations$nnoationsareare not con=ne# tonot con=ne# to

tan&ible pro#uctstan&ible pro#ucts=ut aso=ut aso inclu#einclu#e

serices an# processes?serices an# processes?AThe continuous i#prove#ent in fnanciaThe continuous i#prove#ent in fnancia

sectorsector

A Cit' =an, ?ir ?siaDCit' =an, ?ir ?siaD


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Entrepreneur see# to =e theEntrepreneur see# to =e the

startersstartersand #anaers theand #anaers the

!ollo+ers!ollo+ers

A Initia', entrepreneurs aso assu#e theInitia', entrepreneurs aso assu#e the

roe o$ #anaer, =ut ater theroe o$ #anaer, =ut ater the

#anaeria roes are deeated to the#anaeria roes are deeated to the

#anaers#anaers *anaers do*anaers do not start businessesnot start businesses,,

the' on'the' on' mana&emana&ethe#the#


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In the ord o$ corporate =usiness,In the ord o$ corporate =usiness,

intrapreneursintrapreneurse#ere as thate#ere as that

=reed ho is a=reed ho is a cross bet+eencross bet+een

mana&ers an# entrepreneurs?mana&ers an# entrepreneurs?AThe'The' +or. !or the corporation+or. !or the corporation=ut are=ut are

iven theiven the tas. o! startin& ne+tas. o! startin& ne+

enturesentures


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?n' @uestionsG?n' @uestionsG


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;hat Is EntrepreneurshipG;hat Is EntrepreneurshipG

ature o$ Entrepreneurship

It is a socioFecono#ic pheno#enon

Enine o$ econo#ic roth

Creator o$ eath and e#po'#ent

;hat is EntrepreneurshipG

It is a creative and innovative hu#an act

?=iit' to create and =uid a vision $ro# practica'

nothin Lision reNuires iinness to tae cacuated riss

It is a discipine, hence it can =e earned A )eter rucer


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efnition o$ Entrepreneurshipefnition o$ Entrepreneurship

Entrepreneurship is the ability to create and build a

visionfrom practically nothing. Fundamentally, it is a

human, creative act.It is the application of energy toinitiating and building an enterprise or organization, rather

than just watching or analyzing. This vision reuires a

willingness to ta!e calculated ris!s" both personal and

financial, and then to do everything possible to reduce the

chances of failure.

Entrepreneurship also includes the ability to build an

entrepreneurial or venture teamto complement your (the

entrepreneur)own s!ills and talents. It is the !nac! for

sensing an opportunitywhere others see chaos,

contradiction, and confusion. It is possessing the !now#

howto find, marshal and control resources, often owned

by others.$

%rofessor &effrey Timmons '())*+

Entrepreneur ?re *ade andEntrepreneur ?re *ade and


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Entrepreneur ?re *ade andEntrepreneur ?re *ade and

ot Bornot Born

The entrepreneurialmystique? Its not magic,

its not mysterious and ithas nothing to do with thegenes It is a discipline !nd

li"e any discipline, it can #elearned$

D)eterrucer


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;h' )eope Beco#e Entrepreneurs;h' )eope Beco#e Entrepreneurs,

efnition o$ an entrepreneur A "rench ord 7entreprende8

#eanin o =eteenP or enter to undertaeP ? person houndertaes to oraniQe, #anae and assu#e riss o$ =usiness

9o peope =eco#e entrepreneur G A B' ecessit' and

Opportunit', esin and e$aut

Triered =' !ocia isruption or Interruption8

Entrepreneurs are created in ood and =ad econo#ic ti#es

?chieve#ents and "inancia %eards $or an Entrepreneur

*an' =eins =ut $e #ae it

h h


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;ho ?re The EntrepreneursG;ho ?re The EntrepreneursG

'ara#i&m shi!ters innoators an# opportunists

@ creatie #estroyers

ey chan&e catalysts an# a&ents

/ealth an# employment creators

Economic en&ine #riers

ey actors o! the alaysian Economy

Entrepreneurs are ma#e an# not born @

entrepreneurial propensity

ou can be the entrepreneur 5 i! you hae +hat

it

ta.es 'eople +ho li.e to be their o+n boss

'eople +ho has eCperience# a ;social

#isruption


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Entrepreneuria Traits 51Entrepreneuria Traits 51

*ost I#portant $or !uccess:

Innovative & Opportunistic

;iinness to tae ris

Initiative !e$ reiance

)erseverance 5eep tr'in to achieve so#ethin

eed to achieve

!e$ confdence

E t i T it 52E t i T it 52


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Important for Success:

Leadership

Competitiveness

Good physical health

Creative

High level of energy

Versatility

i i 53E t i T it 53


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Least Important for Success:

Ability to get along

Patience

Well organied

!esire for money

"olerate uncertainty

#eed for po$er

#eed for affiliation

iMerence Beteen erence Beteen


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iMerence Beteen erence BeteenEntrepreneurship ?nd !#aEntrepreneurship ?nd !#a

BusinessBusiness

Entrepreneurship

Innovation

"ast roth

Lision

E#po'#ent creation

*one' #ain #achine

9iher ris

!#a Business

Ritte innovation

!tatic roth

Ritte vision

"a#i' =usiness

Earnin a iveihood

Ro or #ini#u#

ris

E hi ! i iE t hi !t ti ti


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! !ituation

?=out 1 #iion =usinesses are $or#ed each 'ear in the

!

Beteen +/ to -/0 $aied the frst 'ear o$ startFup

1/0 to 2/0 ast throuh the net ( 'ears

Lenture invest#ent 1:1/ success rate

Lenture capitaists epects =eteen ( to 1/ ti#es return

Source : S Statistics

Entrepreneurship !tatisticsDEntrepreneurship !tatisticsD

o Sou


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6 in a #iion ith a hih tech =usiness idea eventua'

=eco#es a success$u co#pan' that oes pu=ic I)O

"eer than 2/0 o$ the $unded startsFup o pu=ic

Banruptcies occur $or 6/0 o$ the hih tech co#panies that

succeed in ettin venture capita

Lenture capita investors on a are part o$ the startFup ='

the ti#e it oes pu=ic: +/ 0 o$ hardare co#panies, 6/0

o$ so$tare co#panies and (/0 o$ internet co#panies

!ource: ! !tatistics

Entrepreneurship !tatisticsEntrepreneurship !tatistics

o Sou


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*aa'sian !ettin &

o=a !cenario

*aa'sia: Enterprisin Cuture*aa'sia: Enterprisin Cuture ? d?nd


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*aa'sia: Enterprisin Cuture*aa'sia: Enterprisin Cuture?nd?nd

ationation

Econo#ic )aradi# !hi$ts 1.(/s to 2///s ;aasan 2/2/

*inistr' $or Internationa Trade & Invest#ent F !*IEC

*inistr' $or Entrepreneurs & CoF/perative eveop#ent

*uti#edia !uper Corridor A + "aships

*!C !tatus )riviees & Incentives

!tron Econo#ic roth & !ocia Innovation

%apid In$rastructure eveop#ent

Industr' )ro#otion o$ Entrepreneurship: Enterprise (/ ?ards, Ernst &

Soun *aa'sian Entrepreneur o$ the Sear ?ard, Lenture 2//2, *!CFI9R

Business )an Co#petition, *?LC?)Ps Crade Invest#ent )rora##e

%SC &l hi ' li ti


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%SC &lagship 'pplications

()*usiness

"elehealth

Smart Schools %ultipurpose Card

+,! Cluster

(lectronic Government

World$ide%anufacturing We-

*orderless %ar.eting

Centre

"echnopreneur

!evelopment

*aa'sia Econo#ic Trans$or#ation*aa'sia Econo#ic Trans$or#ation


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*aa'sia Econo#ic Trans$or#ation*aa'sia Econo#ic Trans$or#ation& rivers& rivers

1996

!ource : *aa'siaPs ationa Econo#ic ?ctionCounci

Labour-driven

Labour-driven

Investment-driven

Productivity-driven

Knowledge-driven

1960 19951970 190

Primary!ommodities

Assembly-ty"e#anu$acturing

#edium-tec%#anu$acturing

& 'ervices

(ig%-tec%#anu$acturing& 'ervices

Knowledge-based

)005 )0)0

'G+IC/L"/+( 0 P+I%'+1 C2%%2!I"1'G+IC/L"/+( 0 P+I%'+1 C2%%2!I"1

I#!/S"+I'L 0 I%P2+" S/*S"I"/"I2#I#!/S"+I'L 0 I%P2+" S/*S"I"/"I2#

"(CH#2L2G1 0 &2+(IG# !I+(C" I#V""(CH#2L2G1 0 &2+(IG# !I+(C" I#V"

HIGH "(CH#2L2G1 0 S(+VIC(SHIGH "(CH#2L2G1 0 S(+VIC(S

KNOWLEDGE BASED / INTELLECTUAL CAPITALKNOWLEDGE BASED / INTELLECTUAL CAPITAL

IT? Li i

00 Com)etitive


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IT? Lision

Social

Econom

ic

ICT

asme

ans

Now

Connectivit o!netwo"#s

E$%ita&le access toin!o"mation

C%lt%"e o! lea"nin'In!o"mation lite"ate

ICT as a secto" In!o"mation ascommo(it Inf

ormati

on

Socie

ty

Em)owe"e( citi*ens Sel!+"e'%latin' Sel!+cont"olle( ,oste"in' c"eativit Incl%sive societ

St"on' !amilies

-al%e c"eationt."o%'. #nowle('e)"o(%cts an(in(%st" 3n

o$led

ge

Societ

y

Inform

ation

Socie

ty

00

Unite( Develo)e( 1 sec%"e St"on' mo"al an(et.ical val%es

Democ"atic an( li&e"alTole"ant 1 P"o'"essive

Com)etitive2(namic2 "o&%st 1"esilient

,ai" 1 e$%ita&le(ist"i&%tion o!wealt.

Knowle('eeconom

Civil

Societ

y

3no$

ledge

Socie

ty

Inform

ation

Socie

ty

S


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In!o"mation1

Comm%nicationTec.n

olo'

ICT as a

SECTO3

ICT as an

ENABLE3

Innovation !o"

WEALT4

C3EATION

Innovation !o"

BALANCED

SOCIETAL

DE-ELOP5ENT

Innovation !o"

GOOD

GO-E3NANCE

5alasia6s

ICT7D

)"o'"am !o"

Innovatin'

towa"(s a

K+nation

In

(%st"

Societ

Gove"n

+ment

K+econom

K+societ

,o" &alance( (evelo)ment t."o%'. innovation2 t.e 8ICT7D ,"amewo"#6 s.own2 w.ic. ("aws

on t.e )"inci)les .i'.li'.te( t.%s !a"2 can &e %se( as a '%i(e9

St"ate'ic ,"amewo"#

"ra#in the !trateic ICT %&


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"ra#in the !trateic ICT %&?enda: !trateic Intent

Innoation !or /EALT* FEAT$ODF All sectors o! the alaysian economy creatin& alue an#+ealth throu&h success!ul participation in the emer&in&.no+le#&e5#rien &lobal economy

F ey !ocus: no+le#&e5#rien economy

$nnoation !or BALADFEG SOF$ETAL GE2ELO'EDTA $nclusie community #eelopment throu&h proision o!

li!e chan&in& $FT applications

A ey !ocus: no+le#&e society

$nnoation !or (OOG (O2EDADFEA "oster !orm o! accountability an# transparency in the

process o! &oernance that enhance the Huality o! li!e o!alaysians

A ey !ocus: 'articipatin& in &oernance !or Huality o! li!e


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Ict 214 Technopreneurship 126924 148116

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