ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -However, in this era of technological advancement, a new form of entrepreneurship has emerged where technology enthusiasts convert their ideas into constructive and successful business ideas. This is called technopreneurship and the entrepreneurs are known as technopreneurs.

Detailed explanation-2: -A technopreneur is an entrepreneur who involves himself in technology in producing goods and services for his organisation.

Detailed explanation-3: -: an entrepreneur involved with high technology.

Detailed explanation-4: -As defined by the Collins Dictionary, “technopreneur are entrepreneurs who start and manage their own technology business.” The term was first used in the year 1987. But it gained popularity around the 2000s when a large number of people started using the Internet.

Detailed explanation-5: -Bill Gates is a very successful technopreneur and the world’s richest person. He is a self-made individual who runs a business and created Microsoft.