“What is the status of technology start-up enterprises in the Philippines?”
Submitted to
The Faculty of the Decision Sciences and Innovation Department
Ramon V. Del Rosario College of Business
In Partial Fulfillment of the Course Requirements
In BASIREC V24
Submitted to:
Dr. Aida Licaros Velasco
Submitted by:
Kevin Ron Ladores Nieto
April 18, 2013
Technology has changed the way entrepreneurs look at how they should start up a business. The success stories of different companies such as Google, Facebook, Apple and those who are less established but are seemingly on their way to becoming the next big thing such as Kaltura, Marketo, Zoura and others have inspired others to take the same path. Silicon Valley is part of this change in perspective amongst entrepreneurs, wherein the involvement of technology towards business operations had brought out a new breed of entrepreneurs that are now called “technopreneurs”. These “technopreneurs” had become the architects of billion-dollar companies that provide innovative products and services, which wouldn’t have been possible a few years back. Different countries have also been a part of this change, wherein countries like Israel, Brazil, Chile and others had invested on trying to emulate the success that Silicon Valley had achieved over the years. In the Philippines, entrepreneurs of both large and small-scale have continually risen over the years. The creativity of Filipinos can be seen through all of these, wherein they find ways on starting up a business that is unique to its consumers. In this study, we intend to examine the status of the Philippines towards this change in scenery on how to startup a business. While focusing on the Philippines, we also intend on determining the role of the government in this, who are the drivers and inhibitors of its development, what are the existing businesses that are considered to be a part of the technology enterprise, what is