tech-entrepreneurship

Vocabulary Word

Definition

Tech-Entrepreneurship means starting a business that focuses on technology, like a software company or a tech services firm. It involves building, promoting and selling tech-based products or services.

Examples in Different Contexts

In startup ecosystems, 'tech entrepreneurship' refers to founding technology startups. A venture capitalist might comment, 'Tech entrepreneurship is vital for innovation and driving economic growth in the digital age.'

Practice Scenarios

Startup

Scenario:

This new technology could solve a big problem in the market. Maybe we are onto something big here.

Response:

Absolutely, it looks like we've spotted a gap in the market. We should utilize this opportunity for our tech-entrepreneurship.

Business

Scenario:

This technology offers significant potential for the logistics industry. It might be worth investing in its development as a service.

Response:

True, tech-entrepreneurship to develop this as a service would be a sound business strategy. Let's explore this possibility more.