http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/466 2026-05-15T15:00:26Z http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/555 Technoprenurship: Demand of Today’s Entrepreneurs Mehta, Rhuta An entrepreneurship is the practice of consistently converting good ideas into profitable commercial ventures. With the systematic act of turning "something" (product, idea, information, technology, etc.) into a resource that is of high value to its target market as this known as innovation. Entrepreneurs need to implement innovation in continues, profitable manner. At that time, technology with entrepreneur plays important role for the effective outputs. Technopreneurship is, by a large part, still entrepreneurship. A technopreneur is an entrepreneur who is technology savvy, creative, innovative, dynamic, dares to be different and take the unexplored path, and very passionate about their work. They take challenges and strive to lead their life with greater success. They don't fear to fail. They take failure as a learning experience, a stimulator to look things differently and stride for next challenge. Technopreneur continuously go through an organic process of continual improvement and always try to redefine the dynamic digital economy. Technopreneurship is either involved in delivering an innovative hi-tech product or makes use of hi-tech in an innovative way to deliver its product to the consumer, or both. Creativity is breaking the conventional mental blocks and playing with imagination and possibilities, leading to new and meaningful connections and outcomes while interacting with ideas, people and the environment. Technopreneurship is the only source of long-run sustainable competitive advantage. In an era of man-made brainpower industries, individual, corporate, and national economic success will all require both new and more extensive skills sets than have been required in the past. By themselves skills don't guarantee success. They have to be put together in successful organizations. But without skills and Technopreneurship there are no successful organizations 2009-03-19T00:00:00Z http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/554 Gita & Gandhi – ‘Genesis’ of Entrepreneurship Kar, Moumita; Gohil, Dhaval One of the greatest contributions of India to the world is Holy Gita which is considered to be one of the first revelations from God. The four pivotal functions of management process are: 1) Planning 2) Organizing 3) Actuating 4) Controlling which are of prime significance even today existed in Indian cultural corpus centuries ago. In Bhagavad Gita the same principles were taught by Lord Sri Krishna to Arjuna 3000 years back through the dialogue between Arjuna and Lord Krishna, which rendered the Gita its status of - 'The Management Epic'. It provides "all that is needed to raise the consciousness of man to the highest possible level." The Bhagavad Gita can be experienced as a powerful catalyst for transformation, upliftment of the soul to meet the lord. The Holy Gita has become a latent driving force behind the unfolding of one's life. The Bhagavad Gita, written thousands of years ago, enlightens us on all managerial techniques leading us towards a harmonious and blissful state of affairs in place of the conflict, tensions, poor productivity, absence of motivation and so on, common in most of world enterprises and probably in Indian enterprises in the present situation of economic slump. The modern (Western) management concepts of vision, leadership, motivation, excellence in work, achieving goals, giving work meaning, decision making and planning, are all discussed in the Bhagavad Gita. There is one major difference. While Western management thought too often deals with problems at material, external and peripheral levels, the Bhagavad Gita tackles the issues from the grass roots level of human thinking. Once the basic thinking of man is improved, it will automatically enhance the quality of his actions and their results. One more persona whose ideas and tactics corporate India can emulate is that of the Father of our Nation - Mahatma Gandhi, who is now being held up as an Exemplary Leader and a Management Guru. Mahatma Gandhi's style of leadership as applied to corporate India would involve making even the lowest person in the organization believe in it and also believe in the significance of his contribution towards the organization. The paper brings forth the basic principles of management in the light of the Bhagavad Gita and Mahatma Gandhi's principles as applied to entrepreneurship. It emphasizes how simple principles when applied to an entrepreneurial venture can bring positive results. 2009-03-19T00:00:00Z http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/553 A Psychological Analysis of Technopreneurial Capabilities Trikal, S P; Jha, H M; Kallurkar, S P Study of select entrepreneurs, who lead technical enterprises near the world heritage site of Aurangabad, Maharashtra, reveals a unique combination of technological intellectual capital and mental capability factors in their mindset tilted more towards their attitude and their way of living life than any thing else. The paper is based on a survey of a sample of entrepreneurs of manufacturing sector along 55 psychological factors designed on a 5-point scale. Charged with the technical competencies these entrepreneurs are found to be out-of-box thinkers and they rear those psychological factors that constitute creativity and innovativeness and that reflect novelty in their action and behavior. The results of the analysis, using the responses and weightages assigned to psychological variables, indicate that there exists a cohesiveness of the two independent factors viz. psychological factors and technological inputs with the dependent factor of technopreneurial capabilities. 2009-03-19T00:00:00Z http://dspace.ediindia.ac.in:8181/xmlui//handle/123456789/552 Innovation - Key to Small Business Success Sharma, Priti; Gandhi, Aalap; Shah, Jinesh The key objective of paper is to study successful innovations and methods adopted by SME’s in manufacturing and service sector, the challenges faced by them, and management of uncertainty. Government policies and regulations play important role in fostering technological developments and innovation. Therefore role of government in innovation through pumping research R & D funds, public-private partnerships and strong role of social group in development of SME’s will be studied. Innovation emerges out of limited choices. The paper will suggest initiatives that can be taken for policy planning: the development of a stronger manufacturing base, target for industrial sector and investment requirement; and a further stepping up of value addition in the services sector. Also we will focus on cost of converting invention into innovation. And in the last, paper will put emphasis on following issues. What does innovation mean for business? Why is innovation important? Innovation in Manufacturing & Exporting Innovation Strategy to foster growth Whose Responsibility is it? And finally the action Plan. 2009-03-19T00:00:00Z