Relationship between technology and product development in entrepreneurship by zulaiha zamri https://padlet.com/zulaihazamri0605/tv8a6a93fm1q en-us 2019-12-27 15:50:08 UTC 2025-11-07 04:28:55 UTC hello@padlet.com https://padlet.net/icons/png/1f469-1f4bc.png Abstract zulaihazamri0605 https://padlet.com/zulaihazamri0605/tv8a6a93fm1q/wish/426886690 The usage of the Internet and technology in entrepreneurship is a common thing in this modern world. Depending on the actor, Internet use can be portrayed in many ways. Online entrepreneurs, for example, use the Internet as their primary source for their companies.  ICT has a significant impact on businesses and industries, including entrepreneurship. Social media is one of the best examples to describe how technology can help in business or entrepreneurship in a fast and better way. 

]]> 2019-12-27 15:54:33 UTC https://padlet.com/zulaihazamri0605/tv8a6a93fm1q/wish/426886690 Introduction zulaihazamri0605 https://padlet.com/zulaihazamri0605/tv8a6a93fm1q/wish/426886704 The presence and use of the Internet are essentially giving community life a significant impact. ICT has a significant impact on businesses and industries, including entrepreneurship. 
Information and Communication Technology (ICT) recognized as a platform for entrepreneurs in this modern technology to expand their business. This paper intends to address issues regarding how technology improving entrepreneurs and product development. 
The second section of this paper is how technology can assist in product development. The third section discusses the example of technology that can give impacts to entrepreneurs for their business. The fourth section will briefly discuss the importance of skills in digital entrepreneurship. Entrepreneurship in technology is a concept of turning innovation and the ability of science institutions and facilities into new products, which significantly increases consumer benefits and leads to more significant economic growth in the future [1].
]]> 2019-12-27 15:54:51 UTC https://padlet.com/zulaihazamri0605/tv8a6a93fm1q/wish/426886704 How technology can assist in product development zulaihazamri0605 https://padlet.com/zulaihazamri0605/tv8a6a93fm1q/wish/426891488 The advancement of technology is more inventive than the development of products. It is used to create a new usable framework for a product, not the product itself. Because technology has influenced many things such as education, this technology also affects the entrepreneurship field. Modern technologies provide faster access to information and higher quality. Email is the most popular use of new information technology to allow individuals and organizations to communicate cost-effectively with each other. The World Wide Web, which enables people to access information, is another significant application of new information technologies [2].
Entrepreneurship based on technology brings more creativity, innovation and R&D goods to the markets. When it comes to technology, entrepreneurship includes significant changes in the new markets compared to the traditional entrepreneurship [3]. For small and medium-sized enterprises (SMEs), technology or ICT information is an essential platform for them to develop their strategies and productivity in this field to compete with other prominent entrepreneurs. Efficient usage of technology and knowledge will increase opportunities for small and medium-sized businesses to benefit from ICT and develop a better approach to how they work and strengthen their capabilities. 
]]> 2019-12-27 17:04:57 UTC https://padlet.com/zulaihazamri0605/tv8a6a93fm1q/wish/426891488 The example of technology that can give impacts to entrepreneurs for their business zulaihazamri0605 https://padlet.com/zulaihazamri0605/tv8a6a93fm1q/wish/426891542 There is much use of ICT technologies, including e-mail, internet and video conferencing, may increase international market understanding and knowledge. Plus, ICT offers many advantages, such as expanding global business networking and more global marketing opportunities. The current digital technology enables the use and collaboration of the new generation of entrepreneurs through technology. One of the examples of technology in business is social media. Social media is one of the best platforms for the entrepreneurs, to widen their business. 
Many entrepreneurs grab the chances of making social media as a marketing strategy. Through Twitter, Facebook, LinkedIn and Instagram, engaging with customers and potential customers will be more accessible, and it can help build a brand of small business and create a positive feeling. Social media is also a part of a technology that keeps on improving every day and giving a lot of benefits to the community, depending on how they used it. 
There are other examples of technology that will provide a more comprehensive view of the entire manufacturing technology [4].  This example will give an impact in the human community including business and product development. The first technology is the Internet of Things (IoT). It provides better performance management for connected products and services in real-time and smarter. Next technology is Artificial Intelligence (AI) which allows producers to make the data produced meaningfully and translate the data into meaningful decisions. Quality management will also improve when the AI applied to the production system. Wearable devices from companies (including augmented and virtual reality) represent a rapidly growing market over the years. In terms of comfort functionality and protection, this technology will continue to evolve.
]]> 2019-12-27 17:05:44 UTC https://padlet.com/zulaihazamri0605/tv8a6a93fm1q/wish/426891542 The importance of skill in digital entrepreneurship zulaihazamri0605 https://padlet.com/zulaihazamri0605/tv8a6a93fm1q/wish/426891583 Skills issues are significant for digital entrepreneurship. From the ability to identify and attract the talent required, even across borders, to skills problems are key to successful digital entrepreneurship, digital transformation, and also the successful design and implementation of most IT projects [5].
The impact of ICTs depends on their use, which in turn is driven by factors such as skills, and whether or not the business environment allows individuals and businesses to take advantage of the opportunities ICT offers. The entrepreneurs itself need to decide what is the best way for them to improve their business using technology provided. 
]]> 2019-12-27 17:06:17 UTC https://padlet.com/zulaihazamri0605/tv8a6a93fm1q/wish/426891583 Conclusion zulaihazamri0605 https://padlet.com/zulaihazamri0605/tv8a6a93fm1q/wish/426891604 In conclusion, technology gives a lot of benefits to entrepreneurs, including the SMEs, to improve their business and skills. For any enterprise involving entrepreneurship, information management and technology discovered to play a critical role. Use of ICTs, ranging from processors to personal computers and word processing to sophisticated applications. Knowing the attitudes and behaviors of the entrepreneur on ICT is very important to develop their offerings by using these tools to sell products and services and to satisfy these requirements.]]> 2019-12-27 17:06:41 UTC https://padlet.com/zulaihazamri0605/tv8a6a93fm1q/wish/426891604 References zulaihazamri0605 https://padlet.com/zulaihazamri0605/tv8a6a93fm1q/wish/426891661 Martin, C., & Leurent, H. (2017). Technology and innovation for the future of production: Accelerating value creation. World Economic Forum, (March), 1–38. https://doi.org/10.1074/jbc.M003388200

Matejun, M. (2016). Role of technology entrepreneurship in the development of innovativeness of small and medium-sized enterprises. Management, 20(1), 167–183. https://doi.org/10.1515/manment-2015-0032

Roja, A. (2014). TECHNOLOGY ENTREPRENEURSHIP AND ENTREPRENEURIAL STRATEGIES Alexandru ROJA 1 Marian N Ă STASE 2. 107–117.

Tavakoli, A. (2013). Impact of information technology on the entrepreneurship development. Advances in Environmental Biology, 7(8), 1421–1426.

Welsum, D. van. (2016). Background Paper Digital Dividends: Enabling digital entrepreneurs. World Development Report, 1–12. Retrieved from http://documents.worldbank.org/curated/en/2016/02/25851780/world-development-report-2016-digital-dividends-enabling-digital-entrepreneurs

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