Promotion of Techno-entrepreneurship Programs in different Countries: A Review

Abstract

An entrepreneur is a key to initiating entrepreneurial activities. Various countries have taken different steps for promoting technopreneurship. On this backdrop we have attempted to explore the promotional efforts in various countries and the factors which enhance propensity of technopreneurial activities. To address these research questions, we have identified research articles on technopreneurship in different countries and systematically reviewed them. Few European countries have begun providing entrepreneurship education at the higher stages of academia. In some nations governing bodies are set up to help budding entrepreneur grow their business, incubators are set up in various national institutes, and the concept of the entrepreneurial university has also emerged. Investment in Research and Development has also been looked as initiating step for technopreneurship in many countries. This will create an ecosystem of technopreneurship and will help improve the economy of a nation by generating more number of jobs after setting up of more number of MSMEs (Micro, Small and Medium Enterprises) in the field of high technology. These programs are also likely to help an individual think more towards the improvement of the community and not only about profit making. We have found that the efforts by various countries are dependent on their regional priorities. However, there is more which can be done to research the key issues for not getting the desired impact of such programs.