Technology entrepreneurship is industrialization of new technology by setting up firms, which is beyond the stage of incubation and development of new technology.

科技创业是越过了孵化和研发新技术阶段，通过创办企业的方式进行产业化。

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According to the Global Entrepreneurship Monitor (GEM), the level of early stage entrepreneurship activity in Turkey in 2010 was 8.6 percent.

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Despite the IPO stumbles of Facebook, entrepreneurship and early-stage investment are alive and well in Silicon Valley.

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Brian Morgan, professor of entrepreneurship at University of Wales Institute, Cardiff (Uwic), said the infrastructure and expertise to stage such an event was already in place.

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