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Article
Publication date: 10 November 2023

Hasliza Abdul Halim, Noor Hazlina Ahmad and Ali Waqas

This study aims to explore the key factors that hinder technopreneur’s success.

Abstract

Purpose

This study aims to explore the key factors that hinder technopreneur’s success.

Design/methodology/approach

The finalization of the most appropriate method to conduct any study is based on the nature of the research questions (Shaw, 1999; Morse and Richards, 2002). As this study is exploratory, a qualitative approach was used to collect the data. Morse and Richards (2002) have emphasized that the qualitative technique to collect is useful for in-depth assessment of the participant’s experiences, their understanding regarding the matter and their interpretation of their experiences.

Findings

Technopreneurs face four significant problems that have an impact on their business agility and competitiveness. These four factors are as follows: the entrepreneur’s skills and preparedness; their organization’s insufficient capabilities and talent to deal with the challenges; a lack of support mechanisms from relevant institutions; and, finally, the rapidly changing business environment in terms of technology and competition.

Originality/value

This study explores the hindrance factors through qualitative techniques faced by young technopreneurs in the context of Malaysia. This study will provide deep insight regarding the key issues facing new startups and will be helpful for policymakers.

Details

Journal of Science and Technology Policy Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2053-4620

Keywords

Article
Publication date: 9 November 2010

Sabai Khin, Noor Hazlina Ahmad and T. Ramayah

The first purpose of this study is to discuss a brief review of the literature in product innovation, innovation strategies and resources. The second purpose is to present…

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Abstract

Purpose

The first purpose of this study is to discuss a brief review of the literature in product innovation, innovation strategies and resources. The second purpose is to present qualitative findings related to product innovation as well as their strategies and resources among ICT (information and communication technology) technopreneurs in the software sector of Malaysia.

Design/methodology/approach

This qualitative study is a preliminary study to a larger empirical study. Semi‐structured interviews were conducted with five ICT technopreneurs in Malaysia.

Findings

The findings generate insights into the kind of market that ICT technopreneurs are in, the problems they are facing, their practices and opinions towards product innovation, and their strategies as well as the resources required.

Research limitations/implications

One limitation of the work could be related to the small sample size.

Practical implications

The findings imply that resource constraints, market factors such as market need, and strategic orientation towards customer and market needs may play a part in product innovation practices among ICT technopreneurs. Practitioners should pay attention to these factors to achieve innovative advantage.

Originality/value

This study adds knowledge regarding product innovation among software firms by shedding light on ICT technopreneurs in terms of product innovation and the factors associated with it. The implications provide an impetus for further research in related areas.

Details

Business Strategy Series, vol. 11 no. 6
Type: Research Article
ISSN: 1751-5637

Keywords

Article
Publication date: 7 November 2023

Sayyidah Maulidatul Afraah, Wahyudi Sutopo and Muh. Hisjam

This research aims to assess and compare project-based learning (PBL) designs to deliver technopreneur in higher education, as a case student of the Industrial Engineering…

Abstract

Purpose

This research aims to assess and compare project-based learning (PBL) designs to deliver technopreneur in higher education, as a case student of the Industrial Engineering Department. So, it can facilitate students who play a role in facilitating the process of technological transformation so the student knows well how to solve the problem of commercialization.

Design/methodology/approach

Undergraduate students of Industrial Engineering teams were given hands-on, collaborative projects conducted with two incubation centers, such as the Technology Incubator Center from the Agency for the Assessment and Application of Technology (AAAT) from the government of Indonesia and the Centre of Excellence for Electrical Energy Storage Technology (CEfEEST) from Sebelas Maret University (UNS), Indonesia. After completing the project, students will develop a final project which will become the basis for evaluating the implementation of PBL. The basis for the assessment uses a rubric designed through three sub-assessments: curriculum planning, report and presentation. This research uses the paired t-test method to see the average difference between the two groups of PBL in pairs and compare based on assessment results.

Findings

Implementing PBL between the two incubation centers (AAAT and CEfEEST) based on paired t-tests for each rubric assessment indicator showed most of them were significantly related. The assessment result gives the alternative to design the proposed PBL from AAAT, CEfEEST and a blended scenario for technopreneur education in the future.

Practical implications

The experiences and findings presented can help future PBLs provide technopreneur education based on comparing and evaluating learning outcomes in both incubation centers. Thus, it can produce a better PBL design to encourage the success of technology commercialization.

Originality/value

The assessment of PBL on students' knowledge in technopreneur education by utilizing the paired t-test method to compare the assessment results of the final projects with the designed assessment rubric. This evaluation serves as the basis for comparing the effectiveness of PBL implementation between AAAT and CEfEEST.

Details

Journal of Applied Research in Higher Education, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2050-7003

Keywords

Article
Publication date: 6 April 2021

Bahadur Ali Soomro and Naimatullah Shah

The present study attempts to identify the predictive power of technopreneurial-related activities (TRAs), technopreneurial self-efficacy (TSE) and technopreneurial motivation…

Abstract

Purpose

The present study attempts to identify the predictive power of technopreneurial-related activities (TRAs), technopreneurial self-efficacy (TSE) and technopreneurial motivation (TM) on technopreneurial intention (TE) among the nonbusiness students.

Design/methodology/approach

A conceptual framework is developed for investigation. A quantitative approach is adopted for this research, and the data are collected from the 282 students of the different public sector universities with a survey questionnaire. The application of structural equation modeling (SEM) is applied to investigate the impact of TRAs, TSE and TM on TE.

Findings

The results of SEM found a positive and significant impact of TRAs, TSE and TM on TE among the nonbusiness students of Pakistan.

Practical implications

The study would be beneficial for the planners and policymakers of universities to improve modes of technopreneurship. The findings may encourage the students to develop strong beliefs, abilities and skills to start a new venture. The literature of entrepreneurship and technopreneurship may further enrich with empirical evidence of the present study.

Originality/value

The study would make technopreneurs able to deal with society's challenges.

Details

World Journal of Entrepreneurship, Management and Sustainable Development, vol. 17 no. 3
Type: Research Article
ISSN: 2042-5961

Keywords

Article
Publication date: 14 February 2008

Teh Pei‐Lee and Yong Chen‐Chen

The purpose of this paper is to examine the first three dimensions of the triple helix model. The focus of this paper is to study and develop a model for the role and functions…

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Abstract

Purpose

The purpose of this paper is to examine the first three dimensions of the triple helix model. The focus of this paper is to study and develop a model for the role and functions performed by a university to nurture undergraduate student technopreneur development.

Design/methodology/approach

This study provides a comprehensive understanding of the process of the technopreneurship program undertaken by Multimedia University (MMU) in 1999‐2005. The analysis is based on the self‐administered questionnaires, qualitative interviews, internal documents, web sites and direct observation. Electronic questionnaires are e‐mailed to 24 founders of start‐ups to explore their views on the entrepreneurial support structures in MMU.

Findings

The success of MMU in undertaking the technopreneurship programs is the result of the organization structure, management's policies and priorities which are concentrated on creating and sustaining the necessary support structures to foster undergraduate student entrepreneurial activities.

Practical implications

A very interesting and useful information and impartial for new university planning to establish a culture of new enterprise creation within a university. It should be noted that though this is a study of various aspects of the success of MMU in undertaking technopreneurship programs, however, this will have an implication of how triple helix strategic model can be implemented in China.

Originality/value

Many universities have focused more on linkages of entrepreneurship and commercial‐valued research involving academic staff and postgraduate students rather than undergraduate student entrepreneurship. It is believed that MMU is one of the few entrepreneurial universities which focuses on undergraduate students, who, from enrollment to graduation, are offered constant encouragement, training and support for their efforts to conceive and start up business enterprises. This paper is intended to share the experiences of MMU in fostering and supporting undergraduate student technopreneurship programs in a triple helix model. This paper is intended to share the experiences of MMU in fostering and supporting undergraduate student technopreneurship programs in a triple helix model with readers in China and out of China who have interest on the effective implementation of the university ‐ government ‐ industry strategic partnership.

Details

Journal of Technology Management in China, vol. 3 no. 1
Type: Research Article
ISSN: 1746-8779

Keywords

Book part
Publication date: 26 August 2019

Suhaimi Mhd Sarif, Ainul Jaria Maidin, Jamaludin Ibrahim and Abdul Rahman Ahmad Dahlan

Dynamism of digital economy requires innovation in the mobile payment system to provide for the free flow of information to facilitate electronic transactions. However…

Abstract

Dynamism of digital economy requires innovation in the mobile payment system to provide for the free flow of information to facilitate electronic transactions. However, regulations and standards were introduced at the global and country levels to impose limitations on mobile payment system to protect consumers’ interests. The Malaysian government introduced the Anti-money Laundering, Anti-terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Act 613) (AMLA) to protect the people from being involved in offences both locally and internationally and an unlawful activity carried out physically or by using virtual mechanisms. It is argued in this study that AMLA has hindered the innovation of the digital economic system that is promoted by the government in line with global developments. The research method adopted is personal interview with selected respondents to gather their views on the challenges posed by the restrictions imposed by AMLA that has had the impact of limiting innovations in the mobile payment system sector.

Details

Emerging Issues in Islamic Finance Law and Practice in Malaysia
Type: Book
ISBN: 978-1-78973-546-8

Keywords

Article
Publication date: 8 January 2024

Puja Khatri, Harshleen Kaur Duggal, Arup Varma, Asha Thomas and Sumedha Dutta

The contemporary business environment steered by forces of globalization, digitization and automation can only be navigated by a resilient workforce. This requires inculcating…

Abstract

Purpose

The contemporary business environment steered by forces of globalization, digitization and automation can only be navigated by a resilient workforce. This requires inculcating self-leadership (SL) traits in individuals, which will allow them to exercise self-direction and self-motivation required to survive high-strain situations. The SL characteristics most significantly reflected by Musk are self-goal setting, authenticity and responsibility. Least evidence was found for positive self-talk and self-cueing. This study aims to add to the repertoire of leadership studies, furnishing important implications for academia and practice.

Design/methodology/approach

In this paper, the authors explore the dimensionality of SL through a systematic literature review. The authors also take the case of Elon Musk, one of the most resilient technopreneurs in the contemporary business world, and scrutinize his journey as a self-leader.

Findings

The SL characteristics most significantly reflected by Musk are self-goal setting, authenticity and responsibility. Least evidence was found for positive self-talk and self-cueing. This study adds to the repertoire of leadership studies, furnishing important implications for academia and practice.

Originality/value

To the best of the authors’ knowledge, this is the first paper to explore the controversial Elon Musk’s leadership style through the prism of SL.

Details

Journal of Asia Business Studies, vol. 18 no. 1
Type: Research Article
ISSN: 1558-7894

Keywords

Article
Publication date: 15 May 2017

Joanne Pransky

The purpose of this paper is a “Q&A interview” conducted by Joanne Pransky of Industrial Robot Journal as a method to impart the combined technological, business and personal…

Abstract

Purpose

The purpose of this paper is a “Q&A interview” conducted by Joanne Pransky of Industrial Robot Journal as a method to impart the combined technological, business and personal experience of a prominent, robotic industry PhD-turned-entrepreneur regarding the evolution, commercialization and challenges of bringing a technological invention to market.

Design/methodology/approach

The interviewee is Dr Cory Kidd, an inventor, entrepreneur and leading practitioner in the field of human–robot interaction. Dr Kidd shares his 20-year journey of working at the intersection of healthcare and technology and how he applied innovative technologies toward solving large-scale consumer healthcare challenges.

Findings

Dr Kidd received his BS degree in Computer Science from the Georgia Institute of Technology and earned a National Science Foundation Graduate Research Fellow in Computer and Information Science & Engineering. Dr Kidd received his MS and PhD degrees at the MIT Media Lab in human–robot interaction. While there, he conducted studies that showed the psychological and clinical advantages of using a physical robot over screen-based interactions. While finishing his PhD in 2007, he founded his first company, Intuitive Automata, which created interactive coaches for weight loss. Though Intuitive Automata ceased operations in 2013, Dr Kidd harnessed his extensive knowledge of the healthcare business and the experiences from patient engagement and launched Catalia Health in 2014 with a new platform centered specifically around patient behavior change programs for chronic disease management.

Originality/value

Dr Kidd is a pioneer of social robotics and has developed groundbreaking technology for healthcare applications that combines artificial intelligence, psychology and medical best practices to deliver everyday care to patients who are managing chronic conditions. He holds patents, including one entitled Apparatus and Method for Assisting in Achieving Desired Behavior Patterns and in an Interactive Personal Health Promoting Robot. Dr Kidd was awarded the inaugural Wall Street Journal and Credit Suisse Technopreneur of the Year in 2010, which is meant to “honor the entry that best applies technology with the greatest potential for commercial success”. He is also the Director of Business Development for the nonprofit Silicon Valley Robotics and is an impact partner for Fresco Capital. He consults, mentors and serves as a Board Member and Advisor to several high-tech startups.

Details

Industrial Robot: An International Journal, vol. 44 no. 3
Type: Research Article
ISSN: 0143-991X

Keywords

Article
Publication date: 8 July 2020

Broto Rauth Bhardwaj

The purpose of this paper is to study the adoption and diffusion of technology including SAAS software and cloud computing for facilitating knowledge management (KM) in product…

Abstract

Purpose

The purpose of this paper is to study the adoption and diffusion of technology including SAAS software and cloud computing for facilitating knowledge management (KM) in product innovation based on understanding of consumer behavior. Technopreneurship can drive sustainable product innovation by studying the patterns of consumer behavior. Sharing of consumer intelligence on cloud using SAAS is being used by several companies to drive innovation such as call centers in South Asia. However, there is no understanding role of knowledge management for understanding consumer behavior for product innovation.

Design/methodology/approach

The methodology uses case method of action research technique coupled with grounded theory development. Further, the study uses interpretive structural modelling (ISM) technique for interpreting the results for understanding consumer behavior patterns for enabling product innovation.

Findings

The findings suggest that enhancement of creative design based on consumer's study can lead to sustainable product development. The findings revealed that consumer behavior patterns embedded in the firm's intelligence captured in KM portal including customers' preferences and choices that can be developed into products. Knowledge management facilitated flexible manufacturing process, optimized capital expenditure using agility principles as per the study. Techniques and processes such as reactive scaling top down and bottom up and applying flexible APIs (Application Programming Interface) allowed the efficient automation of infrastructure orchestration and resource allocation. The involvement of vendors’ knowledge base facilitated creation of market ready product offers leading to sustainability.

Research limitations/implications

The implications include the adoption of inter-disciplinary and inter country understanding of knowledge management application for understanding consumer behavior to lead to sustainable product development.

Originality/value

The scope and scale of technology entrepreneurship include the application of knowledge management for consumer behavioral studies that have huge contributions to make product development sustainable using greener planet, purpose and product (3P model).

Details

International Journal of Emerging Markets, vol. 16 no. 2
Type: Research Article
ISSN: 1746-8809

Keywords

Article
Publication date: 1 February 2002

Patrick Chang Boon Lee

Examines the career goals and career management strategy among information technology (IT) professionals. With regard to career goals, found that IT professionals seek to advance…

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Abstract

Examines the career goals and career management strategy among information technology (IT) professionals. With regard to career goals, found that IT professionals seek to advance their careers in three ways. The first two involve standard career paths. The third career path, termed technopreneurship, involves IT professionals setting up their own technology‐related business. With regard to career management strategy, the results showed that: career planning is positively related to career strategy; career strategy is positively related to professional enhancement; and professional enhancement is positively related to career satisfaction. One important implication is that it is important for computer professionals to plan and strategize their own career. This would lead to greater career satisfaction.

Details

Career Development International, vol. 7 no. 1
Type: Research Article
ISSN: 1362-0436

Keywords

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