At the beginning of 20th century, an Australia economist and academician named Joseph Schumpeter coined the term ‘entrepreneurship.’ He defined it as an idea of “creative destruction” that can be a driving force of modern economic progress. For Schumpeter, entrepreneurship was much more than just starting any new business. He said, “to be entrepreneurial is to make a conception and put it into effect, despite any possible opposition.” Ultimately, a successful entrepreneur is someone who can make revolutionary changes in business methods and practices, including the launching of outstanding new products, production techniques, and organizational approaches.
However, the word technopreneur does not have a 100-years-old history to tell. It appeared somewhere in the middle of 1980s and became popular in the 21st-century due to the internet’s wide use. Thanks to Steve Jobs of Apple Inc., Sergey Brin and Larry Page of Google, Bill Gates of Microsoft, Mark Zuckerberg of Facebook and other well-known technopreneurs out there. Now, the community of entrepreneurs involved with high technology does not need any introduction. They are indeed driving the economy by creating products or solutions that use the heft and technology capability to change the way something was traditionally done.
Digital First Magazine’s January 2021 issue celebrates the success of Indian technopreneurs who have been revamping business models, restructuring safety protocols, and developing comprehensive digital presences to navigate the challenges created by the COVID-19 pandemic. We have listed ‘21 Indian Technopreneurs to Watch-out for in 2021’ and written their stories to inspire those who wish to change the world with innovation and technology.