Technology Entrepreneurship: Overview, Definition, and Distinctive Aspects
By Tony Bailetti. 2012
272 citations recorded by the source corpus.
Technology entrepreneurship lies at the heart of many important debates, including those around launching and growing firms, regional economic development, selecting the appropriate stakeholders to take ideas to markets, and educating managers, engineers, and scientists. Unless a generally accepted definition of technology entrepreneurship is established, however, these debates lose their focus. The purpose of this article is to identify the themes that dominate the technology entrepreneurship literature, provide a definition of technology entrepreneurship, and identify its distinguishing aspects relative to economics, entrepreneurship, and management. The author argues that technology entrepreneurship is an investment in a project that assembles and deploys specialized individuals and heterogeneous assets to create and capture value for the firm. What distinguishes technology entrepreneurship from other entrepreneurship types (e.g., social entrepreneurship, small business management, and self-employment) is the collaborative experimentation and production of new products, assets, and their attributes, which are intricately related to advances in scientific and technological knowledge and the firm’s asset ownership rights. Don’t let the noise of other’s opinions drown out your own inner voice. And most importantly, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary. Steve Jobs (1955–2011) Co-founder of Apple and Pixar
Subfields: Management of Technology and Innovation
View Paper: https://www.semanticscholar.org/paper/b7ace46fc67c9bc5002fb390779b2066a0742434
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In Management of Technology and Innovation
Citations in the corpus
- Entrepreneurship education in tourism: An investigation among European Universities (2019, background): “…value requires entrepreneurial actions that depend heavily on a combination of specialized resources, assets, knowledge of different actors, and the exploitation of opportunities that rely on technological applications and abilities along with scientific and technical knowledge (Bailetti, 2012).”
- Digital Technology Entrepreneurship: A Definition and Research Agenda (2017, background): “…technology entrepreneurship is “an investment in a project that assembles and deploys specialized individuals and heterogeneous assets that are intricately related to advances in scientific and technological knowledge for the purpose of creating and capturing value for a firm” (Bailetti, 2012).”