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Entrepreneurs in technology are defined as individuals developing new ventures in a technology-intensive environment. Other terms for this type of entrepreneur are technoentrepreneur and technopreneur. The specific skills of these entrepreneurs are derived from their operations and experience in environments where technologies are key assets. It is important to note that today most entrepreneurs deal with technology at some level, even if they are florists or coffee-shop owners. The difference between these entrepreneurs and technoentrepreneurs, however, is the magnitude of importance of technologies in their value chain and the degree to which their ventures are considered “high-tech” or dependent on technology. As a consequence, technoentrepreneurs tend to be different and behave differently from entrepreneurs operating in more mature or less technology-intensive environments.

First, operating in technology-intensive ...

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