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There is a strong connection between Technological development and entrepreneurship. It is noteworthy that, prosperous nations have a strong and vibrant entrepreneurial base of adventurous youth burning with energy, passion, creativity and acumen. The civil populace of such nations are driven by values of diligence, resourcefulness and given to venturing. Based on these, entrepreneurship forms the sub structure upon which science, technology and the creative industries of these societies are built. This paper has brought to the fore the critical need for underdeveloped and developing nations to realize and urgently begin to promote and appropriate technopreneurship as a way of life among its citizenry. Most importantly, it asserts that entrepreneurship must be the fulcrum of nations' aspirations in the world of science, technology and production; only then can technological innovations be valuable to the pursuit of economic development. While the strength and growth of any economy is facilitated by the civil entrepreneurial culture and the versatility of its technical know-how, this paper focus on the relevance of adopting technopreneurship as a way of societal development, thus establishing the inter-relationship between the scientist, engineers and the business sector with aim of enhancing proficiency in research and development.
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