Technopreneurship refers to the creation of new products and services by companies and involves integrating design, manufacturing, and other functions to reduce time to market. It also allows delaying product development until learning more about markets and technologies. Concurrent engineering is an approach where functions are integrated, while sequential engineering completes them one after another to reduce time to market. Modularity refers to building complex products from independent components that function together.

1. Technopreneurship

2. Is the creation of new products by companies.

3. Is a measure of how long it takes companies to
develop new products and services.

5. It increases the amount of time that your products can be on the
market before becoming obsolete.
It speeds the development of product adaptations.
It allows you to delay product development efforts until you learn
more about markets, competitors, actions, and complementary
technologies.

6. It refers to an approach used in product development
in which functions of design engineering,
manufacturing engineering, and other functions are
integrated to reduce the elapsed time required to bring
a new product to the market.

8. It refers to an approach used in product development
in which functions similar to the concurrent
development are done sequentially to reduce the
elapsed time required to bring a new product to the
market.

10. Is the degree to which a complex product can be
built from smaller components that can be created
independently but function together.

11. Is a statistical technique used in market research
to determine how people value different attributes
(feature, function, benefits) that make up an
individual product or service.

13. Is a technique developed by Noriaki Kano for
evaluating customer preferences when those
preferences are different if a feature is present
than if the feature is absent.

15. A visual display of the perceptions of customers
about the different features of competing products.

17. Is a diagram resembling a house, used for defining
the relationship between customer desires and the
firm/product capabilities.

19. Identify Opportunity ($100)
Evaluate Opportunity ($10, 000)
Design Product ($100, 000)
Test Pilot ($1, 000, 000)
Develop Manufacturing ($5, 000, 000)
Test Market ($10, 000, 000)
Scale Up Production ($30, 000, 000)

20. CAD is the use of computer systems to assist in
the creation, modification, analysis, or optimization
of a product.

22. Also referred to as the phase-gate process is a
project management technique in which an
initiative or project is divided into stages/phases
separated by gates.