INFO 4504 Technopreneurship: Jamaludin Ibrahim

INFO 4504 Technopreneurship
Jamaludin Ibrahim
Course Objectives
The objectives of this course are to:

1.
2.
3.
Provide knowledge on Technopreneurship

process from idea generation to the
formation of a new venture.
Provide exposure and knowledge to
evaluate business ideas, business model
selection and the requisite softskills.business model selection and the
requisite soft-skills.
Provide practical and hands-on experience
in developing compelling business plan to
secure financial support and investment.
Learning Outcomes
1.
2.
3.
Demonstrate knowledge of key

technopreneurial concepts, processes,
strategies pertinent for start-ups and earlystage business ventures.
Demonstrate ability to work in teams,
generate business ideas, evaluate
opportunities, select business ideas, evaluate
opportunities, select business model, identify
target market, develop sales strategies and
draw up compelling business case.
Develop and present compelling business plan
to secure financial support from potential
investors.
Assessment
Class Participation, Assignments/Cases 10%

MidTerm Exam 20% - last class before
midterm break
Business Plan (Report & Presentation) 40%
Final Exam 30% - early in May
Business Plan
Week 1 Milestone 1: Form a group of 2-3 persons

Week 2 : Discuss and decide on business ideas
Week 3 Milestone 2: Submit business ideas (3
business ideas) write-ups each idea about 1/3 pager
Commercializing FYP Project Or any other business

ideas/inventions. The business must be technologybased and have ICT as the major component and
business driver.
Email to jamal55@gmail.com with subject titled
Technopreneurship
I am encouraging you to publish and present

your BP
MDeC Business Plan Competition

Entrepreneurship Conferences/Seminars
Bonus Assessment for BP
Term Projects Grading System
The BP paper must be original and has not been published or presented
elsewhere. Once approved, you are required to write a report and do a
class presentation on the approved topic.
This is a team effort. I am encouraging you to work with me together,
to get the BP project paper/abstract accepted for competition,
presentation to conferences or publication. The followings are the
bonus/rewards for specific scenarios:
How to get an A+?

Evidence: BP get accepted for competition at MDEC and the likes
OR Evidence: BP accepted for a presentation at an International
Conference
A
Evidence: BP accepted for a presentation at a local Conference
OR Evidence: BP accepted for at a local Conference
OR Evidence: BP abstract accepted/considered at an International
Conference
OR Excellent BP report and presentation on challenging/compelling BP
A Evidence: BP abstract accepted/considered at a local Conference
OR Very Good project report and presentation on challenging/compelling
BP
About you.yes its about you
Name, background, experience etc

How many of you have any experience
As entrepreneur or technopreneur?
Building business plan?
Running a small business?
What do you expect to get/learn from this

course?
About Me
Bachelor Mathematics (1978) USA and Master in Operations Research. (1980)

- USA
About 15 years (1980-1994) at Universiti Teknologi Malaysia (KL and then
Johor Bahru)
About 15 years industry experience (1995 onwards)
set up and found Faculty of Computer Science in Malaysia

Associate Professor and Dean of faculty
Interest in Artificial Intelligent, Machine Translation, Supercomputing
early retirement at 40 to enter private sector
Time Telekom Telco & multimedia, OSS Development
DRB-HICOM Group Outsourcing/Privatization, Manufacturing, Banking
MRCB (TV3/MegaTV, MRCB Multimedia) media, MSC HRMIS
Mango dot Net Internet Broadband part owner
Eurika Systems IT & Software Dev part owner
CEO/Principal Consultant for various Consulting companies partnership
Adjunct Professor at Kulliyah of ICT (KICT), IIUM part time teaching for Master
IT courses on Infosec and IT Governance last 2008-2009
Senior Academic Fellow at KICT - July 2009 onward
Certified British Standard Institute ISO27001 Information Security
Management System Lead System Auditor (2010-2012)
Project Leader MOSTI Technofund DBrain Project RM3 million
8
9
McGraw-Hill/Irwin
Copyright 2009 The McGraw-Hill Companies, Inc., All Rights

Reserved.
Part
One
The Entrepreneurial
Mind for an
Entrepreneurial World
10
At the Heart of the Entrepreneurial

Process is YOU:
Founder
The
The
The
The
The
The
The
11
Opportunity Seeker
Creator and Initiator
Leader
Problem Solver
Motivator
Strategizer, and
Guardian of the Venture and its
Mission,
Values, and
Culture
Chapter
1
The Global
Entrepreneurial
Revolution for a Flatter
World
12
Entrepreneurship Flattens the World
Significant impact on the U.S.

cultural and economic
landscape
Model for business, education,
and policymakers around the
globe
Exploding in India, China, and
the former Soviet bloc
Adoption of the
entrepreneurial mind-set is
growing exponentially larger
and faster
13
Flattened World
14
15
Entrepreneurship Around the Globe
A 2000 EU Economic Action Plan calls for:
16
Fueling entrepreneurial mind-sets

Encouraging more people to become
entrepreneurs
Gearing entrepreneurs for growth and
competitiveness
Improving the flow of finance
Creating a more entrepreneurial-friendly
regulatory and administrative framework
Four Entrepreneurial Transformations
That are Changing the World
17
Entrepreneurship is the new management

paradigm for thinking and reasoning.
Entrepreneurship has spawned a new education
paradigm for learning and teaching.
Entrepreneurship is becoming a dominant
management model for running nonprofit
businesses and social ventures.
Entrepreneurship is transcending business
schools.
Innovation + Entrepreneurship =
Prosperity and Philanthropy
Entrepreneurship is an important political

phenomenon.
The linkage between entrepreneurship and
public policy is increasingly important.
18
Job Creation
Landmark Research findings by David Birch of

MIT
New firms created 81.5 percent of the net new
jobs from 1969 to 1976.
According to the U.S. Small Business
Administrations Office of Advocacy, in 2004
small firm with fewer than 500 employees
represented 99.9 percent of the 26.8 million
businesses in the United States.
19
New Venture Formation
Creates economic and social mobility

Is opportunity-centered and rewards talent
and performance
Entrepreneurship is not about religion, gender,
skin color, social class, or national origin
Women and a number of ethnic and racial
groups are excelling at entrepreneurship
20
21
The Self-Employed Report:
The highest level of personal satisfaction

Challenge
Pride
Remuneration ($)
Love of work - it is:
22
Invigorating
Energizing
Meaningful
23
Examples of Mega-Entrepreneurs Who

Started in Their 20s
MicrosoftBill Gates and Paul Allen

Dell ComputersMichael Dell
Apple ComputersSteve Jobs and Steve
Wozniak
Federal ExpressFred Smith
PolaroidEdward Land
NikePhil Knight
24
25
Innovation
Small
entrepreneurial firms (since

WWII) are:
Responsible for half of all innovation
Credited with 95 percent of all radical
innovation
Led to the creation of major new
inventions and technologies
26
old
new
old
new
27
Venture and Growth Capital

Classic
venture capitalists:
Work as coaches and partners with

entrepreneurs and innovators
At very early stages of development
To shape and accelerate the
development of the company
28
Angel Investors
Moderately wealthy to very wealthy

individuals
Successful entrepreneurs
29
Bring experience, learning curves, networks,

wisdom and maturity
Serve as coach, confidant, mentor and
cheerleader
30
31
Philanthropy and Leadership
Successful entrepreneurs give back to

the community
Colleges and universities
New buildings, classrooms, athletic facilities, and

endowed professorships
The largest gifts and the greatest proportion of
donors to college capital campaigns
Local hospitals, museums, orchestras, and

schools
32
Ewing Marion Kauffman of Marion

Laboratories, Inc.:
Live what you talk, make your actions match

your words. You must live what you preach
and do it right and do it often. Day after day.
As an entrepreneur, you really need to
develop a code of ethics, a code of
relationships with your people, because its
the people who come and join you. They have
dreams of their own. You have your dream of
the company. They must mesh somewhat.
33
The Entrepreneurial Revolution
Entrepreneurship is:
Taught at over 2,000 colleges, universities,
and community colleges.
The focus of a number of educational grants.
Creates most of the net new jobs nationwide.
Self-employment eliminates glass ceilings
and glass walls for women and minorities.
Gaining and growing in elementary through
high schools.
34
Americas Self-Made Millionaires
The Millionaire Next Door by Thomas J.

Stanley and William D. Danko
Millionairea person with a net worth of $1
million or more
Traits of these millionaires
35
Two-thirds are self-employed

Over 80 percent accumulated their wealth in one
generation
The New Age of Equity Creation
Long-term perspective
Venture capital industry has followed overall
economics
Over 95 percent of the US wealth has
been created since 1980 a direct result of
the entrepreneurial revolution
36
37
38
Building an Entrepreneurial Society
The poor get richer

Equal opportunities (not equal incomes) are
created
Economic mobility increases
Social mobility increases
39
40

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INFO 4504 Technopreneurship

The objectives of this course are to:

Provide knowledge on Technopreneurship

Demonstrate knowledge of key

Class Participation, Assignments/Cases 10%