MODULE 1:

At the end of this chapter, the students will be able to:

1. define technology, entrepreneurship and technopreneurship;
2. differentiate entrepreneur and technopreneur; and
3. identify the traits of a technopreneur.

Technology is a branch of Entrepreneurship is the practice of

knowledge that deals with embarking on a new business venture,
engineering or applied sciences. enterprise, or existing businesses and bearing
It is an application of science to any of its risks, with the view of developing
solve problems by creating opportunities and making the profit.
tools, processing actions and
extracting of materials. It is the
application of science used to
solve problems.
 is simply combining
technology expertise and entrepreneurial skills. It is a
new extension of entrepreneurship that uses
technology to come out with something new to
make some innovation. It involves the collaboration
of people who convert good ideas into business
ventures that relies heavily on technology.

+ =
✓ Opportunity ✓ Problem/User ✓ IP, Tech Transfer
Identification Story ✓ Channels, Sales
✓ One-day ✓ Validation ✓ Production Costs
validation ✓ Design Sprint ✓ HiFi MVP
✓ Team Formation ✓ LoFi MVP
✓ First Pitch ✓ Validation

✓ Validation
✓ Venture
✓ Planning
✓ Demo Day
❖Who is the end user for the
technology/product?
❖Who is the customer for the
technology/product?
❖Why would the customer be
willing to pay for the
technology/product?
Activity: Identify the end-user, proposed customer, and the
reasons why would the customer be willing to pay for the
technology.
1. http://www.philstar.com/agriculture/83345/effective-
microbial-fertilizer
Activity: Research for existing projects and fill in the columns.
Project Title Who is the primary Who else receives Who is most likely
end-user? economic benefit to pay for this
when product is product?
used?
1. Solar Philippines Customers who wants Companies who Private company
to use reusable wants to invest on Government (LGUs)
energy solar energy
installations
2. Amazon Customers who wants Small business Private Company who
to purchase and sell enterprise who uses uses online platform
products through online platform to sell in selling their
online platform their products
products/services.
3
4.