Entries Tagged as 'Definitions'

August 16, 2007

Unique Principles of Technopreneurship

Over the past few months I have learned and collected a list of principles that make technopreneurship unique from entrepreneurship. Here is that list:

Nothing to see here.

I have learned that there are no special principles that make technopreneurship unique from entrepreneurship: Both regard innovation critical in remaining competitive in the marketplace, both regard management important [...]

June 4, 2007

On Teaching Entrepreneurship

“…being an entrepreneur is not a personality characteristic, it is a learned skill…An entrepreneur doesn’t seek risk; he or she tries to minimize risk…it’s actually about managing uncertainty. What is teachable is how, given your character, you can live in an entrepreneurial way–as opposed to changing your character.”
–Prof. P. W. Marshall. Entrepreneurship: It Can Be [...]

May 2, 2007

Tacit and Explicit Knowledge

Knowledge can be classified into two major categories:

Explicit Knowledge - This type of knowledge is said to be easy to transfer through oral and written communication. Books, articles, standards, procedural manuals are some examples of media that can be used to transmit explicit knowledge.
Tacit Knowledge - This type of knowledge cannot be directly transferred from [...]

April 26, 2007

Dispelling the ‘Theory vs. Practical Experience’ Debate

It’s unfortunate how the word ‘theory’ has been misused in everyday speech such that it has lost its original meaning. These days ‘theory’ is considered synonymous to ‘impractical’, ‘unrealistic’, and even ‘speculation’. The result of this misunderstanding is significant: Students take important lessons for granted by discounting them as mere theory, preferring, instead, to find [...]

April 23, 2007

The Incubation Process

This is part three of my studies in business incubation. In case you missed the first two, here are Part 1 and Part 2.
Despite the growing literature on business incubators, very little existing research focus on the incubation process (Hackett and Dilts 2004a) even when the NBIA identified it as a more important factor [...]

April 20, 2007

Classifying Business Incubators

This is the second part of my studies in business incubators. The first part may be found here.
To aid in the analysis of business incubators, particularly in identifying issues related to incubator evaluation and recommended practices, a classification system needs to be adopted (Albert and Gaynor 2001). Various researchers have provided different means for categorizing [...]

April 19, 2007

Defining Marketing

The American Marketing Association states that:
“Marketing is an organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders.”
However, a common mistake that I observe among marketing practitioners is the failure to realise that it is the [...]

April 14, 2007

What is a Business Incubator?

This is an excerpt from my paper on business incubation. From this point on, I will post the results of my studies in smaller, more manageable parts.
Extant literature is yet to provide a standard definition of business incubators and business incubation. Definitions can be as all-encompassing as that of Kuratko and LaFollete where [...]

April 10, 2007

Davao Technopreneurship Education Project

This is an overview of the technopreneurship education project that will commence sometime in 2008. This is the same presentation that I gave at the Davao City Chamber of Commerce conference room last December 2006.
Presentation (PDF 202KB)

April 2, 2007

Absorptive Capacity

Absorptive capacity refers to an organisation’s ability to acquire and internalise new knowledge. Absorptive capacity is said to be composed of two elements: prior knowledge and intensity of effort. When a firm has a large knowledge base, acquiring additional related knowledge will be easier for a firm. However, if the firm is trying to acquire [...]