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Technopreneurship:The IT Viewpoint Andre Joseph T. Fournier Master’s of Business Process Management 2012 Faculty of Science & Technology ALAS 2011
4 Types of Entrepreneurship Incremental ,[object Object],Imitative ,[object Object],(Dorf & Byers)
4 Types of Entrepreneurship Rent-seeking ,[object Object],Innovative ,[object Object],(Dorf & Byers)
Technopreneurship Defined High tech ventures in ICT, electronics, internet, life sciences and biotech, such as: Cisco, Microsoft, Intel, Google, Genentech (upcoming: nanotech, materials, energy, environment) Service firms where technology is critical to their mission, such as: e-Bay, FEDEX, SMART money transfer, e-learning
Other definitions of Technopreneurship ,[object Object]
Use of technology in the delivery or conduct of normal business activities
A combination of both,[object Object]
Destruction/Disruption  by creating a new business or doing it within an existing one,[object Object]
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.
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,[object Object]
Amazon.com  was one of the first major companies to sell goods over the Internet
Skype was founded by 2 entrepreneurs from Estonia and was acquired by eBay  for $2.6bn (£1.4bn) .
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,[object Object]
the empowered and  connected customer
But this is just all a fairytale as of the moment There are important considerations before we can move to a level where we can compete with foreign giants Slapping the name “Technopreneurship “ to a degree program without understanding the elements that make such a program work can prove to be disastrous. Certain elements or “environment” is needed for such a program to grow.
Some Basic Facts ,[object Object]
Customers do not buy ideas, they buy products/services;
Customers pay the price; value is what they get,[object Object]
Superb entrepreneur (and management team)
Resources needed to start the company and make it grow,[object Object]
Technopreneurship Trilogy
Weaknesses Filipinos as investors are risk averse-Segurista No Collaboration-Kanya kanya Class room and learning environment does not match the subject matter mostly pertaining to technology OJT system tends to marginalize student trainees No firm Academe-Industry linkage NO INTERNATIONAL  CERTIFICATION
What is ITIL? ,[object Object]
IT service management (ITSM) is concerned with planning, sourcing, designing, implementing, operating, supporting and improving IT services that are appropriate to service needs
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,[object Object]
Myopic Vision of some Institutions Facebook ban spurs picket at ***** de ***** GMANews – Tue, Jul 19, 2011 http://ph.news.yahoo.com/facebook-ban-spurs-picket-ateneo-davao-162505497.html
Do we have Filipino Technopreneurs? Yes or No?
Dado Banatao Filipino ICT Hero
Dado Banatao Born and raised in Barrio Malabbac, Iguig, Cagayan Valley, Banatao co-founded Mostron, Chips & Technologies, and S3 .  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.
Dado Banatao 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.  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.
Recent successes of Dado ,[object Object]
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,[object Object]
Sold Gluecode to IBM in 2005 for an estimated $100 million
Launcedh Morphlabs and continues to invest in start up IT companies.,[object Object]
Manpower Supplier
BPO destination
Incubation and Innovation Hub
ICT HUB
Science and Technology Hub,[object Object]
Taiwan S & T Hub
Bangalore
Japan S & T Hubs
Singapore S & T Hub

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Technopreneurship The I T Viewpoint

  • 1. Technopreneurship:The IT Viewpoint Andre Joseph T. Fournier Master’s of Business Process Management 2012 Faculty of Science & Technology ALAS 2011
  • 2.
  • 3.
  • 4. Technopreneurship Defined High tech ventures in ICT, electronics, internet, life sciences and biotech, such as: Cisco, Microsoft, Intel, Google, Genentech (upcoming: nanotech, materials, energy, environment) Service firms where technology is critical to their mission, such as: e-Bay, FEDEX, SMART money transfer, e-learning
  • 5.
  • 6. Use of technology in the delivery or conduct of normal business activities
  • 7.
  • 8.
  • 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.
  • 11. Amazon.com was one of the first major companies to sell goods over the Internet
  • 12. Skype was founded by 2 entrepreneurs from Estonia and was acquired by eBay for $2.6bn (£1.4bn) .
  • 13.
  • 14. the empowered and connected customer
  • 15. But this is just all a fairytale as of the moment There are important considerations before we can move to a level where we can compete with foreign giants Slapping the name “Technopreneurship “ to a degree program without understanding the elements that make such a program work can prove to be disastrous. Certain elements or “environment” is needed for such a program to grow.
  • 16.
  • 17. Customers do not buy ideas, they buy products/services;
  • 18.
  • 19. Superb entrepreneur (and management team)
  • 20.
  • 22. Weaknesses Filipinos as investors are risk averse-Segurista No Collaboration-Kanya kanya Class room and learning environment does not match the subject matter mostly pertaining to technology OJT system tends to marginalize student trainees No firm Academe-Industry linkage NO INTERNATIONAL CERTIFICATION
  • 23.
  • 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.
  • 26. Myopic Vision of some Institutions Facebook ban spurs picket at ***** de ***** GMANews – Tue, Jul 19, 2011 http://ph.news.yahoo.com/facebook-ban-spurs-picket-ateneo-davao-162505497.html
  • 27.
  • 28.
  • 29.
  • 30. Do we have Filipino Technopreneurs? Yes or No?
  • 32. Dado Banatao Born and raised in Barrio Malabbac, Iguig, Cagayan Valley, Banatao co-founded Mostron, Chips & Technologies, and S3 . 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.
  • 33. Dado Banatao 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. 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.
  • 34.
  • 35.
  • 36. Sold Gluecode to IBM in 2005 for an estimated $100 million
  • 37.
  • 42.
  • 43. Taiwan S & T Hub
  • 45. Japan S & T Hubs
  • 47.
  • 48. Culture of Innovation and Creativity
  • 51.
  • 52. Complement with Mentor/Expert development thru scholarship assistance
  • 53. ICT Industry Sector Strengthening
  • 54.
  • 55. taxes owns/operates incubator savings, trainings, business help rent revenues Entrepreneurs can become suppliers to big companies Incubator donations credibility, expert advice, technology, intellectual property consultancies for faculty university donations Entrepreneurs Benefit from the cheaper cost of holding office in an incubator. Benefits from training and business assistance. Private Sector Owns/operates incubator Incubator Inexpensive office space with shared services for new startup businesses. Universities Gets revenue from research that gets commercialized. Consulting opportunities for faculty members. Internships for graduating students. Big Industry Entrepreneurs could become part of their supply chain. (c) 2006 UP Ayala TBI
  • 56. Contrary to what some people say..... IT is not dead!
  • 57.
  • 58.
  • 59.
  • 60. Other Strategies for Success Scholarships provide a means of training staff and local businessmen in new methods, technologies and learnings Join Business Plan Competitions such as PESO
  • 62. ©2004 Philippine Emerging Startups Open. All rights reserved. 41 PESO: a “brain gain” initiative by Filipino graduate students at MIT Inspired by the MIT $50k (now $100k) Entrepreneurship Competition Established MIT PESO in 2004 with help from the MIT Public Service Center Met up with local PESO organizers with MIT ties Launched PESO Challenge: a technology and innovation business plan competition now on its 3rd year Mens et manus “Mind and hand” – MIT creed
  • 63. ©2004 Philippine Emerging Startups Open. All rights reserved. 42 Modeled After The MIT $100K Competition Most prestigious and successful entrepreneurship competition in the United States, formerly $50k competition 17 years in the running Facilitated creation of 60+ companies Aggregate value of $10.5+ billion “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
  • 64.
  • 67. Mentoring and tech transfer
  • 69. Teams own rights to plansPESO establishes linkages among key elements in the techno-entrepreneurship ecosystem Objective: Teams form start-ups to bring their business plans to market
  • 70.
  • 71. Provide support facilities for budding technopreneurs
  • 73.
  • 74. Support SMEs/SMITEs in incubating business
  • 75. Provide impetus for growth and development
  • 76.

Editor's Notes

  1. 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…..