ENT600 Technopreneurship Assignment Answer Malaysia

ENT600 Technopreneurship is a course that covers the business aspects of new technology ventures. It provides an overview of the entrepreneurial process, from idea generation through startup and growth.

The course is designed for students with an interest in starting their own technology-based businesses, as well as those who are interested in working in technology startups or in corporate innovation departments. Students will learn about business planning, financial analysis, venture funding, marketing and sales, and how to create a successful technology company.

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Here, we go through some assignment briefs. These are:

Assignment Brief 1: Analyze The Concept And Process Related To Principles of Technology Entrepreneurship.

Principles of technology entrepreneurship include creating a new market, developing and bringing to market a new technology-based product or service, and achieving sustainable profitability.

A technology entrepreneur is someone who recognizes an opportunity in the marketplace to create and commercialize a new technology-based product or service. They identify a problem that they can solve with their innovation, and then develop a business model to bring their solution to market. Their success depends on their ability to execute their vision and build a company that can grow and scales.

Successful technology entrepreneurs have several key attributes, including a passion for their work, creativity, risk-taking mindset, determination, focus, and discipline. They also need the skillset to manage people and operations, as well as the financial acumen to raise capital and grow their businesses.

In this assignment, you are required to analyze the concept and process related to principles of technology entrepreneurship. You should include a discussion on the attributes of a successful technology entrepreneur, as well as the skillset required for success in this field.

Assignment Brief 2: Demonstrate Managerial And Entrepreneurial Skills In Identifying Technology-Based Business Opportunities.

A technology-based business opportunity is one in which a company uses a novel technology to create or disrupt an industry. In order to identify a technology-based business opportunity, it’s important to assess the market potential for the technology and the feasibility of commercializing the technology.

It’s also important to have managerial and entrepreneurial skills in order to identify and capitalize on a technology-based business opportunity. Managerial skills are necessary to plan and execute the business strategy, while entrepreneurial skills are necessary to take risks and innovate in order to create a new market or disrupt an existing one.

Assignment Brief 3: Demonstrate Information Retrieval And Management Skills In Preparing Technology Venture Blueprint.

In order to demonstrate information retrieval and management skills in preparing technology information, you’ll need to have a strong understanding of what venture blueprinting is. Venture blueprinting is the process of detailing all aspects of a startup venture in order to create a shared understanding among team members and investors. 

The venture blueprint should include the following: 

• Problem statement: what problem are you solving? 
• Customer segmentation: who are your target customers? 
• Solution: how does your product or service solve the problem? 
• Execution plan: what are the key milestones you need to reach in order to execute your solution? 
• Sales and marketing plan: how will you generate leads and convert them into customers? 
• Financials: what are your revenue and expense projections? 

In order to prepare a technology venture blueprint, you’ll need to have strong research and information management skills. You’ll also need to be able to synthesize complex information and present it in a clear and concise manner.

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