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What is Technopreneurship

Fostering Innovation in Venture Capital and Startup Ecosystems
Alternatively referred to as technology entrepreneurship, encompasses the identification, creation, and exploitation of possibilities through the integration of technological innovations, business acumen, and entrepreneurial principles. The process is actively seeking out inventive concepts and creating original products, services, or solutions that utilise state-of-the-art technologies to meet market demands and generate value. Technopreneurs, also known as technology entrepreneurs, serve as intermediaries between technological proficiency and business acuity, showcasing a distinctive aptitude in manoeuvring the intricacies of both the technology and business realms.
Published in Chapter:
Techvolutionaries Navigating the Technological Frontier in Ndola: Zambia's Entrepreneurial Landscape During the Fourth Industrial Revolution (4IR)
Mukonkola Mwale (University KwaZulu-Natal, South Africa) and Nigel Chiweshe (University of KwaZulu-Natal, South Africa)
Copyright: © 2024 |Pages: 15
DOI: 10.4018/979-8-3693-1326-8.ch001
Abstract
The Fourth Industrial Revolution (4IR) is widely acknowledged to have significant implications for multiple sectors worldwide. This chapter provides insights from a study that aimed to investigate the usage of technology for business purposes and the level of awareness regarding the 4IR among business managers and entrepreneurs in Ndola, Zambia. In this chapter, the authors reveal that entrepreneurs and managers possess a substantial level of knowledge regarding the 4IR and demonstrate a comprehensive understanding of its implications for business. Moreover, they actively incorporate technological advancements into their business operations. The entrepreneurs and managers also possess the requisite resources inside their companies to facilitate the use of technology. The government's efforts in facilitating economic growth through technology adoption for businesses and disseminating information regarding the perceived advantages of the Fourth Industrial Revolution were perceived to be insufficient.
Full Text Chapter Download: US $37.50 Add to Cart
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Perceived Trust and Confidence for Cryptocurrency Adoption: What Lies Ahead?
A business concerned with the use of computers or digital technology, with the aim to revolutionize the prevailing economic order.
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