Technopreneurship The I T Viewpoint

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  • Launched on 7 June 2010, tickets can be bought since 12 August 2010The Delta ticket window255 days – 436 new customers per dayFacebook: most trafficked web site on Delta’s flightsFirst to isolate the entire booking process in FacebookEuropean easyJet was first – but referred back to their web pageIntegrate into banner ads, ie complementary service vendors‘Distributed Commerce – put your shop where the customer is”Delta – known for poor serviceYou can book flights on Facebook. Bad news: only on DeltaYou have to be based in the US…..
  • Technopreneurship The I T Viewpoint

    1. 1. Technopreneurship:The IT Viewpoint<br />Andre Joseph T. Fournier<br />Master’s of Business Process Management 2012<br />Faculty of Science & Technology<br />ALAS 2011<br />
    2. 2. 4 Types of Entrepreneurship<br />Incremental<br /><ul><li>Routine business, modest novelty (new coffee shop, new BPO)</li></ul>Imitative<br /><ul><li>Imitation of venture, same business model and template (new regional branch, franchised operations)</li></ul>(Dorf & Byers) <br />
    3. 3. 4 Types of Entrepreneurship<br />Rent-seeking<br /><ul><li>Business that utilizes standards, regulations and laws to share in value of enterprise (licensing of patented ideas, products or trade secrets - Coca Cola Export)</li></ul>Innovative<br /><ul><li>Business based on innovation (new cure for infectious diseases, new production method to bring down drug cost, new DVD format, new memory chip, ICT-enhanced home appliance)</li></ul>(Dorf & Byers) <br />
    4. 4. Technopreneurship Defined<br />High tech ventures in ICT, electronics, internet, life sciences and biotech, such as: Cisco, Microsoft, Intel, Google, Genentech (upcoming: nanotech, materials, energy, environment)<br />Service firms where technology is critical to their mission, such as: e-Bay, FEDEX, SMART money transfer, e-learning <br />
    5. 5. Other definitions of Technopreneurship<br /><ul><li>Delivery or design of High Tech product like Computer hardware or devices
    6. 6. Use of technology in the delivery or conduct of normal business activities
    7. 7. A combination of both</li></li></ul><li>More definitions<br /><ul><li>Technopreneur – the person who destroys the existing economic order by introducing new products and services, new forms of organization, use of new materials, etc.
    8. 8. Destruction/Disruption by creating a new business or doing it within an existing one</li></li></ul><li>Some successful Technopreneurs<br /><ul><li> Sabeer Bhatia started Hotmail with $300,000 and sold it two years later to Microsoft for $400 million.
    9. 9. Yahoo! began as a student hobby and evolved into a global brand that has changed the way people communicate with each other, find and access information and purchase things.
    10. 10. Google was co-founded by Larry Page and Sergey Brin while they were students at Stanford University. Their IPO took place on August 19, 2004, raising $1.67 billion, making it worth $23 billion</li></li></ul><li>More Successful Technopreneurs<br /><ul><li>eBay was founded as a marketplace for the sale of goods and services for individuals.
    11. 11. Amazon.com was one of the first major companies to sell goods over the Internet
    12. 12. Skype was founded by 2 entrepreneurs from Estonia and was acquired by eBay for $2.6bn (£1.4bn) .
    13. 13. YouTube is a popular free video sharing website which lets users upload, view, and share video clips.It was acquired by Google in 2006 for $1.65 billion</li></li></ul><li>4 February 2004<br />
    14. 14. the empowered and <br />connected customer <br />
    15. 15. But this is just all a fairytale as of the moment<br />There are important considerations before we can move to a level where we can compete with foreign giants<br />Slapping the name “Technopreneurship “ to a degree program without understanding the elements that make such a program work can prove to be disastrous.<br />Certain elements or “environment” is needed for such a program to grow.<br />
    16. 16. Some Basic Facts<br /><ul><li>Businesses start from ideas, but ideas alone do not make a business
    17. 17. Customers do not buy ideas, they buy products/services;
    18. 18. Customers pay the price; value is what they get</li></li></ul><li>Three crucial components for business:<br /><ul><li>Excellent market opportunity
    19. 19. Superb entrepreneur (and management team)
    20. 20. Resources needed to start the company and make it grow</li></li></ul><li>More Facts<br />Education as a wholistic approach is needed to grow technoprenurial talents<br />Teamwork is essential-This cannot be done alone<br />Emphasis on Technical , managerial and entrepreneurial capabilities is important<br />Develop the proper mindset to overcome weakness in Filipino culture<br />
    21. 21. Technopreneurship Trilogy<br />
    22. 22. Weaknesses<br />Filipinos as investors are risk averse-Segurista<br />No Collaboration-Kanya kanya<br />Class room and learning environment does not match the subject matter mostly pertaining to technology<br />OJT system tends to marginalize student trainees<br />No firm Academe-Industry linkage<br />NO INTERNATIONAL CERTIFICATION<br />
    23. 23. What is ITIL?<br /><ul><li>ITIL is a documented set of best practices for ITSM
    24. 24. IT service management (ITSM) is concerned with planning, sourcing, designing, implementing, operating, supporting and improving IT services that are appropriate to service needs
    25. 25. ITIL provides a comprehensive, consistent and coherent best practice framework for IT service management and related processes, promoting a high quality approach for achieving business effectiveness and efficiency in IT service management</li></li></ul><li>ITIL Service Lifecycle<br />Source: http://www.itservicemanagement-itil.com/tracer/itilv3-alignment/<br />
    26. 26. Myopic Vision of some Institutions<br />Facebook ban spurs picket at ***** de *****<br />GMANews – Tue, Jul 19, 2011<br />http://ph.news.yahoo.com/facebook-ban-spurs-picket-ateneo-davao-162505497.html<br />
    27. 27.
    28. 28.
    29. 29.
    30. 30. Do we have Filipino Technopreneurs?<br />Yes or No?<br />
    31. 31. Dado Banatao<br />Filipino ICT Hero<br />
    32. 32. Dado Banatao<br />Born and raised in Barrio Malabbac, Iguig, Cagayan Valley, Banatao co-founded Mostron, Chips & Technologies, and S3 . <br />Banatao is now regarded as a major contributor to the PC industry. He holds several patents including the first Windows graphical user interface (GUI) accelerator chip. He also was the first to push the idea of the "local bus" for the PC, and putting the Ethernet controller on a chip.<br />
    33. 33. Dado Banatao<br />Chips & Technologies eventually went public in 1995, 22 months after it was established. This company was subsequently bought by Intel in 1997 for a reported 430 million dollars. <br />His other company, S3 (start-up number 3) also went public and earned 130 million dollars in 1993, was sold to VIA Technologies for $323 million and continues to develop and market chipsets based on the S3 graphics technology.<br />
    34. 34. Recent successes of Dado<br /><ul><li>Dado Banatao is now a multimillionaire investor.
    35. 35. Dado decided to start his own venture capital firm named Tallwood Venture Capital with a capital of US$300 million, all of which came from his own pocket</li></li></ul><li>Winston Damarillo<br /><ul><li>Developed Gluecode Software as an open source application system provider
    36. 36. Sold Gluecode to IBM in 2005 for an estimated $100 million
    37. 37. Launcedh Morphlabs and continues to invest in start up IT companies.</li></li></ul><li>Different Stages in ICT Development<br /><ul><li>ICT Consumer
    38. 38. Manpower Supplier
    39. 39. BPO destination
    40. 40. Incubation and Innovation Hub
    41. 41. ICT HUB
    42. 42. Science and Technology Hub</li></li></ul><li>Successful ICT Hubs<br /><ul><li>Silicon Valley
    43. 43. Taiwan S & T Hub
    44. 44. Bangalore
    45. 45. Japan S & T Hubs
    46. 46. Singapore S & T Hub
    47. 47. CyberJaya (upcoming)</li></li></ul><li>Elements for a successful ICT HUB<br /><ul><li>Development of strategic talents thru Universities and schools
    48. 48. Culture of Innovation and Creativity
    49. 49. Strong Public-Private Sector partnership
    50. 50. Presence of Incubators and VCs
    51. 51. Private sector takes the driver’s seat in development</li></li></ul><li>Davao City Strategy<br /><ul><li>Empower Student-Technopreneurs thru partnership with different Colleges and Universities with eventual goal of introducing a BS degree in Technopreneurship
    52. 52. Complement with Mentor/Expert development thru scholarship assistance
    53. 53. ICT Industry Sector Strengthening
    54. 54. Promotion of Davao City-PESO business plan competition</li></li></ul><li>
    55. 55. taxes<br />owns/operates<br />incubator<br />savings, <br />trainings, <br />business help<br />rent<br />revenues<br />Entrepreneurs<br />can become<br />suppliers to big<br />companies<br />Incubator <br />donations<br />credibility,<br />expert advice,<br />technology, <br />intellectual property<br />consultancies<br />for faculty<br />university<br />donations<br />Entrepreneurs<br />Benefit from the cheaper cost of holding<br />office in an incubator. Benefits from training<br />and business assistance.<br />Private Sector<br />Owns/operates incubator<br />Incubator<br />Inexpensive office space with shared services<br />for new startup businesses.<br />Universities<br />Gets revenue from research that gets commercialized. Consulting opportunities for faculty members. Internships for graduating students.<br />Big Industry<br />Entrepreneurs could become part of their supply chain.<br />(c) 2006 UP Ayala TBI<br />
    56. 56. Contrary to what some people say.....<br />IT is not dead!<br />
    57. 57.
    58. 58.
    59. 59.
    60. 60. Other Strategies for Success<br />Scholarships provide a means of training staff and local businessmen in new methods, technologies and learnings<br />Join Business Plan Competitions such as PESO<br />
    61. 61. Scholarships<br />
    62. 62. ©2004 Philippine Emerging Startups Open. All rights reserved.<br />41<br />PESO: a “brain gain” initiative by Filipino graduate students at MIT<br />Inspired by the MIT $50k (now $100k) Entrepreneurship Competition<br />Established MIT PESO in 2004 with help from the MIT Public Service Center<br />Met up with local PESO organizers with MIT ties<br />Launched PESO Challenge: a technology and innovation business plan competition now on its 3rd year<br />Mens et manus<br />“Mind and hand”<br />– MIT creed<br />
    63. 63. ©2004 Philippine Emerging Startups Open. All rights reserved.<br />42<br />Modeled After The MIT $100K Competition<br />Most prestigious and successful entrepreneurship competition in the United States, formerly $50k competition<br />17 years in the running<br />Facilitated creation of 60+ companies<br />Aggregate value of $10.5+ billion <br />“If all the companies founded by MIT graduates and faculty formed an independent nation, the revenues produced by the companies would make that nation the 24th-largest economy in the world.” - 1997 Bank of Boston study<br />
    64. 64. ©2004 Philippine Emerging Startups Open. All rights reserved.<br />43<br />Business<br />Academia<br />Sci. & Eng’g<br />Academia<br />Government<br />Industry<br />PESO<br />Venture Capital<br />Entrepreneurs<br />The PESO Challenge is more than just your usual business plan competition<br /><ul><li>Technology and innovation orientation
    65. 65. Teamwork and diversity
    66. 66. Workshops in entrepreneurship skill-building
    67. 67. Mentoring and tech transfer
    68. 68. Post-competition monitoring and networking
    69. 69. Teams own rights to plans</li></ul>PESO establishes linkages among key elements in the techno-entrepreneurship ecosystem<br />Objective: Teams form start-ups to bring their business plans to market<br />
    70. 70. What YOU can do to help develop technopreneurs<br /><ul><li>Be the point of first contact with students and young SMEs/Entrepreneurs
    71. 71. Provide support facilities for budding technopreneurs
    72. 72. Be Technopreneurs/investors yourselves!
    73. 73. Spread the word/be disciples</li></li></ul><li>Call To Action<br /><ul><li>Organize and strengthen the IT sector in your area and provide a unified front
    74. 74. Support SMEs/SMITEs in incubating business
    75. 75. Provide impetus for growth and development
    76. 76. Be a strategic partner to in developmental efforts</li></li></ul><li>Thank you, G’day and have a great conference<br />

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