The word technologies comes from two Greek words, transliterated techne and logos. The definitions identified in the literature suggest that technologies entrepreneurship is about: i) operating modest organizations owned by engineers or scientists ii) obtaining troubles or applications for a certain technologies iii) launching new ventures, introducing new applications, or exploiting opportunities that rely on scientific and technical expertise and iv) operating with other folks to create technology modify.
Technologies entrepreneurship is greatest understood for that reason, as a joint-production phenomenon that draws from a team of specialized folks from a number of domains, some or all of whom turn out to be embedded in the technology path they attempt to shape in true time ( Garud and Karnøe, 2003 ). Technology entrepreneurship is not about a single person or the inventions they introduce.
It is about managing joint exploration and exploitation, exactly where every single person has roles and responsibilities in collaboratively and cooperatively moving forward toward accomplishing shared ambitions ( Lindenberg and Foss, 2011 ). Technologies entrepreneurship is about investing in and executing the firms’ projects, not just recognizing technology or market place opportunities.
These aspects are: i) the interdependence among scientific and technological adjust and the choice and development of new combinations, assets, and asset attributes ii) biases in the current entrepreneurship literature iii) conceptualization of technology entrepreneurship as an investment in a project, rather than chance recognition or venture formation and iv) links amongst technology entrepreneurship, the theory of sustainable competitive advantage, and the theory of the firm.
This implies then we have to know how to use these gadgets as to their supplied operations, and we want to know the Language that is being as utilised by/for the technology as to how it effects and affects us, from past to present from touch to immediate results and gratification from our dependency and trust of it on what our affects/effects are, and what this signifies to the evolution of humanity.