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What is Techno-Entrepreneur

Chapter 102
Encyclopedia of Organizational Knowledge, Administration, and Technology
This is an in individual who takes up a business endeavor that is focused on providing technology services and products with a staff strength of 2 to 100 employees.
Published in Chapter:
Understanding SME Techno-Entrepreneurship in Nigeria's IT Clusters
Immanuel Ovemeso Umukoro (Lagos Business School, Pan-Atlantic University, Nigeria)
Copyright: © 2021 |Pages: 18
DOI: 10.4018/978-1-7998-3473-1.ch102
Abstract
This chapter examines the concepts and issues of SME techno-entrepreneurship in ICT clusters. An integrative literature review was adopted and three purposively selected ICT clusters were observed. The chapter provides a conceptual framing of techno-entrepreneurship practices and identifies attributes of SME techno-entrepreneurship in Nigeria, its relevance to the ICT ecosystem growth as well as national development. The chapter identifies a frugal mindset, frugal processes, networking, innovative behaviour, and frugal outcome as key attributes of SME techno-entrepreneurs operating out of ICT clusters. By linking techno-entrepreneurship with frugal innovation, the chapter further proposes a model of SME techno-entrepreneurial practices in ICT clusters which highlights the various stages and processes of cluster SME techno-entrepreneurship. The paper concludes with a section on challenges and opportunities of SME techno-entrepreneurship in Nigeria.
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