ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Technopreneurs are entrepreneurs who are into the intimate business of technology based industries.

Detailed explanation-2: -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-3: -An entrepreneur is a person who identifies an opportunity, converts it into a product or service, estimates earnings and profit and builds a successful business with it. A technopreneur starts out with nothing but an “idea’. He defies existing practices and systems and thinks of doing things differently.

Detailed explanation-4: -The technology entrepreneurs of the past were Nikola Tesla, Thomas Edison, Marie Curie, Alan Turing, and others. With the rise of the Internet and the age of computers since the 1980s, we have seen some great technopreneurs like Bill Gates, Mark Zuckerberg, and Steve Jobs.

Detailed explanation-5: -Technical Entrepreneur: The entrepreneurs who establish and run science and technology-based industries are called ‘technical entrepreneurs. Non-Technical Entrepreneur: Based on the use of technology, the entrepreneurs who are not technical entrepreneurs are non-technical entrepreneurs.