Technology Education is an integrated, experience-primarily based instructional plan created to prepare students to be knowledgeable about technologies – its evolution, systems, technologies, utilization, and social and cultural significance. It is about managing joint exploration and exploitation, exactly where each person has roles and responsibilities in collaboratively and cooperatively moving forward toward accomplishing shared targets ( Lindenberg and Foss, 2011 ). Technologies entrepreneurship is about investing in and executing the firms’ projects, not just recognizing technology or market possibilities.
These aspects are: i) the interdependence between scientific and technological alter and the choice and development of new combinations, assets, and asset attributes ii) biases in the current entrepreneurship literature iii) conceptualization of technologies entrepreneurship as an investment in a project, rather than chance recognition or venture formation and iv) hyperlinks amongst technology entrepreneurship, the theory of sustainable competitive advantage, and the theory of the firm.
The articles cover topics on: traits of technologies entrepreneurs external events that produce technologies possibilities for technology entrepreneurs university and company incubators firm spinoff and technologies transfer mechanisms government programs that assistance technologies entrepreneurship funding of new technologies firms entrepreneurship education and commercialization capability.
Technology entrepreneurship is best understood for that reason, as a joint-production phenomenon that draws from a team of specialized men and women from numerous domains, some or all of whom turn into embedded in the technologies path they attempt to shape in real time ( Garud and Karnøe, 2003 ). Technology entrepreneurship is not about a single individual or the inventions they introduce.
Brian Arthur (2009), in a current thoughtful evaluation, tries to explore the essence of technologies, and comes up with a succinct definition as a indicates to fulfill a human objective.” Arthur’s view lines up reasonably properly with the AECT definition, especially when he expands his definition into an assemblage of practices and components” and then adds that technologies is the complete collection of practices and devices obtainable to a culture” (p. 28).