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  1. #1
    angie Tan is offline Junior Member
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    Unhappy about technology based entrepreneurship

    hi to all forum members, i am studying international business, i would like to ask, what the difference between technology entrepreneurship and technology based entrepreneurship? and any examples of company for those entrepreneurship? the last, how can technological innovation become the source of new venture idea?
    thanks for helping me to settle my questions....i am confusing in it....please help me...

  2. #2
    angie Tan is offline Junior Member
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    why the new entrepreneurs always fail in the technology based entrepreneurship? i just want to know more, can anyone answer my questions?

  3. #3
    Online Money Hut is offline Junior Member
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    Quote Originally Posted by angie Tan View Post
    hi to all forum members, i am studying international business, i would like to ask, what the difference between technology entrepreneurship and technology based entrepreneurship? and any examples of company for those entrepreneurship? the last, how can technological innovation become the source of new venture idea?
    thanks for helping me to settle my questions....i am confusing in it....please help me...
    Technology Entrepreneurship
    These are businesses that deal in selling technology. An examples of this are: software companies, electronic companies, computers and the sort. These sites have to always keep at the front end of technology. Their success is being able to always have something new.

    Technology based entrepreneurship

    These are entrepreneurships that make use of technology. For example: An only Jewelry store doesn't sell technology but it uses it to help sell Jewelry. They don't have to stay on the cutting edge of technology and can afford to use out of date software that still gets the job done.

    Technological innovation:
    I will use my site PoserByDesign.com as an example. Traditionally art wasn't made on computers and those who had really good artistic talents were able to profit from those talents. Those who had just average art talents struggled. As technology improved so did the ways of creating art. Now art can be created by 3D programs like Poser, and Maya. This allows people of all artistic skill levels to create beautiful art. The creation of these software means that 3D models must be created, so now you have people creating 3D models for the software. New technology also means that others will want to learn how to use that technology and some people create membership sites that do that or write and sell books teaching others. A good example of this are the popular "for dummies" book. "Excel for dummies" "Windows for dummies" etc.

    In my case the advancement of technology related to art allows me to create a business providing information on how to use Poser and how to make the computer generated art.

    The biggest example is the Internet. Look at how many new businesses were created by people who normally couldn't afford to start a traditional "brick and mortar business." I was one of those people and I was able to start my online business for $30.

    Frederick
    OnlineMoneyHut.com

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