After research, talking with mates, and discussions in class, I feel as though I’ve dwelt on the meaning of technology enough to draw my final conclusions. The definitions discovered within the literature suggest that technology entrepreneurship is about: i) working small businesses owned by engineers or scientists; ii) finding problems or purposes for a selected know-how; iii) launching new ventures, introducing new functions, or exploiting alternatives that depend on scientific and technical information; and iv) working with others to produce know-how change.
The articles cover topics on: traits of technology entrepreneurs; exterior events that create expertise opportunities for expertise entrepreneurs; college and business incubators; firm spinoff and technology transfer mechanisms; government applications that help technology entrepreneurship; funding of recent know-how companies; entrepreneurship training; and commercialization capability.
Technology entrepreneurship is finest understood due to this fact, as a joint-production phenomenon that attracts from a staff of specialised individuals from multiple domains, some or all of whom turn out to be embedded in the technology path they attempt to shape in actual time ( Garud and Karnøe, 2003 ). Know-how entrepreneurship will not be about a single particular person or the innovations they introduce.
The widespread DVD format lasted for a mere ten years until the competing technologies as soon as once more took the sphere of battle to assert dominance within the high definition video market, as HD DVD and Blu-Ray struggle for supremacy, movie titles, revenue and the bragging rights to define the next commonplace in the evolution of video.
The expertise is also applied to improve these productions in series wherein they talked about in the earlier paragraph, know-how can slim very robust with the economy of an enterprise view of the machinery could have will depend in your last product.