Can a good engineer become a successful entrepreneur?

A technological professional with entrepreneurial skills has a better chance than a business administrator of moving innovations from research into manufacturing and the marketplace. The professional qualifications of an engineer are not an obstacle, but an important prerequisite for making a business successful. But, of course, it is the engineer's entrepreneurial abilities and business-oriented actions that will make the business successful. These same abilities and actions will make the engineer a valued enabler of society's wealth creation, and not a commodity in the global marketplace. (Suhir, 2005)

New Concept of Engineering Education

A new concept of engineering education, entrepreneur engineering was defined as a transforming system having input and output. The entrepreneur engineering is a bundle of courses of study which support business creation process. This provides a methodology to transfer technology seeds to business. (Tomisawa and Kano, 2005)

What is Entrepreneurial Engineering?

What-to-do engineering is associated with the concept of entrepreneurial engineering (vs. traditional how-to-do-it engineering). Entrepreneurial engineering can be defined as the set of functions required to fill the front end of the design-produce-service pipeline with innovative technologies and technology-based products and services capable of providing significant growth, profitability, and sustainable competitive advantage.

Entrepreneurial engineering can be considered a subset of the more general field of entrepreneurship. While including the basic skills and knowledge required for successful entrepreneurship, entrepreneurial engineering focuses primarily on generating technology-based opportunities and the particular challenges of effectively identifying, acquiring, developing, and transferring technology into viable new products and services. (Polczynzki and Jaskolski, 2005)