E-entrepreneur

E-entrepreneur
An e-entrepreneur is defined as an individual willing to take the risk of investing time and money in an electronic business that has the potential to make a profit or incur a loss.
Does not have a material space designed to receive customers Transacts most of its business online Can deal with customers from any location that offers Internet capability

E-Entrepreneurship: History
In the early 1990s, electronic data interchange was standardized and companies could reliably complete transactions among themselves. In 1992, CompuServe offered online retail products to its customers. Netscape arrived on the scene in 1994 and provided users with a simple and colorful browser with which to surf the Internet.

Key areas for E- Entrepreneurship

Financial services Entertainment Health care Education Government

B2B Business to Business

B2B is a term commonly used to describe commerce transactions between businesses like the one between a manufacturer and a wholesaler or a wholesaler and a retailer i.e. both the buyer and the seller are business entity. It was originally coined to describe the electronic communications between businesses or enterprises.
Example: India Mart

B2C Business to Consumer

Business-to-Consumer describes activities of businesses serving end consumers with products and/or services though internet. Example- Amazon.com, eToys.com, CDnow.com

B2C Business to Consumer

Portal Models Horizontal portals general search engines
Broad range of topics, shallow depth Links to various malls, stores, auctions, sources Altavista.com, Hotbot.com, Yahoo.com, Google

Vertical portals specialist

TRhubnet.com is an international business place where professionals and business people from around the world can meet on line to track down useful information and to create new business opportunities

Bricks-and-clicks model
Bricks-and-clicks is a business model by which a company integrates both offline (bricks) and online (clicks) presence. It is also known as click-and-mortar. For example, an electronics store may allow the user to order online, but pick up their order immediately at a local store, which the user finds using locator software. Conversely, a furniture store may have displays at a local store from which a customer can order an item electronically for delivery.

Technopreneurship

Technopreneurship
Technopreneurship or Techno-entrepreneurship is broadly defined as the creation, application and commercialization of new engineering intellect and knowledge. Involves entrepreneurial and intrapreneurial activities of both existing and nascent companies operating in technology-intensive environments.

Technical entrepreneurship
Favourable factors to technopreneureship: With the acquired knowledge through education or experience or both, technical people can work out the economics of production and service outputs and can evolve competitive and cost effective strategies They can give a fillip to ancillarisation, thus helping create better linkage between large and small enterprises Their technical and analytical capability will help in preventing problems, thus reducing expenditure on troubleshooting They can forecast changes in technology and can adapt to changing environments easily They can contribute to self-propelled performance rather than push propelled developments They can effectively transfer technology from laboratories to industries, based on research and development Engineers, through entrepreneurship, can bring about a technical revolution that can meet the challenges of the emerging scenario of globalisation and liberalisation with the key element of competition rather than protection in a country like India.

Technical entrepreneurship
Constraints
Technical entrepreneurs lack managerial skills leading to a high rate of failure at the start-up stage. Technical entrepreneurship has to be nurtured, by developing institutional mechanisms that promote the technology trade between small industries. Academic professionals have to widen their concept about entrepreneurship education and promotion, which should be relevant to the changing scenario. The necessity of developing creativity in students has been verified by many teachers, particularly on design courses. As shown by Karune, in the modern world the methodology of creative thinking alone cannot turn an engineer into an entrepreneur. He has to have the necessary insight into the basic laws and command over the various sources of knowledge to become resourceful.

Key elements of technology management

Technology Planning Technology Forecasting Technology Development Technology Transfer And Absorption Technology Evaluation And Assessment Technology Diffusion

Takeda Foundation
Presents Takeda Techno-Entrepreneurship Award to research proposals that show the greatest promise of contribution to human well-being, through the creation and application of new engineering intellect and knowledge, which will generate substantial value for people in the near term. Considers research projects that are already in development, as well as research proposals for future projects. Three application fields are covered by the awards:
Information and Electronics, Life Sciences, and World Environment.

Takeda Foundation
The selection process:
Applicants take part in competitive Cyber Workshops held on the Internet. Online discussions during the workshops are considered to be part of the selection process. Three session subjects are selected each year (in each application field) and a call is made for research proposals related to each subject. The award selection is carried out with strict attention to fairness, through the study of proposals in each session, discussion during the Cyber Workshops, and Selection Committee Interview.

Takeda Foundation
The Award
In principle, one award winner and four finalist commendations are awarded per session. The award winner is presented a maximum of 7 million yen (approximately US$56,000) per year. The finalist is presented a maximum of 500thousand yen (approximately US$4,000) per year.

Technology Parks in India

Software Technology Parks of India (STPI)
The main objective of the Software Technology Parks scheme is to boost the software exports from the country using high-speed data communication links. 35 STPs including 19 international gateways have been set up.

Science and Technology Entrepreneurs Park (STEP)

Promoted nearly 788 small enterprises. Generated annual turnover of around Rs 130 crores. Generated 5,000 direct and indirect jobs in the country. More than 100 new products and technologies have been developed by the STEPs promoted entrepreneurs. Over 11,000 persons have been trained through various skill development programmes conducted by STEPs.

Technology Parks in India

Micro propagation Technology Parks (MTPs) for providing an interface between the research institutions and industry Biotechnology parks to provide opportunities for women entrepreneurs through the application of environment friendly biotechnologies. DBT has set up 2 MTPs, one at Tata Energy Research Institute (TERI), New Delhi and another at National Chemical Laboratory, Pune. A biotechnology park for women at Chennai in collaboration with the state government.