They identified diverse approaches of interpreting the information society e.g. economically or socially, but the technological strategy was the one they took for this presentation. Project Socrates concluded that technologies exploitation is the foundation of all competitive benefit and that declining US competitiveness was from selection-generating in the private and public sectors switching from technology exploitation (technologies-primarily based arranging) to funds exploitation (economic-primarily based arranging) at the finish of Globe War II.
The articles cover topics on: traits of technologies entrepreneurs external events that create technologies possibilities for technology entrepreneurs university and enterprise incubators firm spinoff and technologies transfer mechanisms government applications that help technology entrepreneurship funding of new technologies firms entrepreneurship education and commercialization capability.
The definitions discovered in the literature suggest that technology entrepreneurship is about: i) operating modest businesses owned by engineers or scientists ii) finding difficulties or applications for a distinct technologies iii) launching new ventures, introducing new applications, or exploiting possibilities that rely on scientific and technical understanding and iv) operating with other folks to make technology modify.
Technology entrepreneurship is best understood for that reason, as a joint-production phenomenon that draws from a group of specialized folks from numerous domains, some or all of whom grow to be embedded in the technologies path they attempt to shape in true time ( Garud and Karnøe, 2003 ). Technologies entrepreneurship is not about a single person or the inventions they introduce.
It is about managing joint exploration and exploitation, exactly where every person has roles and responsibilities in collaboratively and cooperatively moving forward toward accomplishing shared goals ( Lindenberg and Foss, 2011 ). Technology entrepreneurship is about investing in and executing the firms’ projects, not just recognizing technologies or industry opportunities.