scholarly journals New Sources of Entrepreneurial Finance

2020 ◽  
pp. 209-231
Author(s):  
Theo Lynn ◽  
Pierangelo Rosati
Keyword(s):  
Artificial Intelligence ◽  
Digital Technologies ◽  
Turn Of The Century ◽  
The Internet ◽  
Entrepreneurial Finance ◽  
Ubiquitous Access ◽  
Alternative Sources ◽  
Start Ups ◽  
Alternative Finance ◽  
Practical Implications

AbstractDigital technologies are transforming entrepreneurial finance. Near-ubiquitous access to the Internet, platformisation, and advances in cloud computing, machine learning and artificial intelligence, and blockchain are changing the sources, basis, and quantum of funding in ways that were unimaginable at the turn of the century. This chapter outlines the changes to the market for entrepreneurial finance from the perspective of structure and participants. The key sources and characteristics of alternative sources of finance available to entrepreneurs, including start-ups, are presented. Two online alternative finance sources, crowdfunding and token offerings, are discussed in greater detail. These are illustrated with case studies. This chapter concludes with recommendations and a discussion of practical implications.

scholarly journals Unleashing the Creativity of Entrepreneurs with Digital Technologies

2020 ◽  
pp. 23-49
Author(s):  
Robert D. Hisrich ◽  
Mariusz Soltanifar
Keyword(s):  
Artificial Intelligence ◽  
Virtual Reality ◽  
Internet Of Things ◽  
Focus Groups ◽  
Digital Technologies ◽  
Digital Age ◽  
The Internet ◽  
Inventory Analysis ◽  
The Internet Of Things ◽  
Practical Implications

AbstractFor decades, creativity has been used to generate ideas among entrepreneurs and their teams. Although extensive research has been conducted on creativity, the majority of studies have focused on traditional ways of stimulating creativity, such as focus groups, the collective notebook method, brainstorming, brainwriting, reverse brainstorming and problem inventory analysis. However, the digital age appears to challenge much of this existing work on the nature of creativity. It is clear that online creativity and audiences are affecting the meaning, expression and impact of creativity. The traditional techniques of stimulating creativity have been replaced and aided by technology-driven innovations, such as artificial intelligence (AI), virtual reality (VR) and the Internet of things (IoT). This chapter explores ways to activate the creativity of entrepreneurs and their teams through the use of digital technologies. We believe that this chapter provides a rich source of examples on how technology is currently being used to support creativity by encouraging entrepreneurs and their teams to make connections, develop ideas, create meaning, collaborate and communicate. We present, in detail, three case studies and discuss practical implications for the future.

Unraveling legitimation strategies of Chinese Internet start-ups

2015 ◽  
Vol 9 (2) ◽  
pp. 239-258 ◽  
Author(s):  
Xiaohua Su ◽  
Haidong Peng ◽  
Shujun Zhang ◽  
Yun Rong
Keyword(s):  
Design Methodology ◽  
The Internet ◽  
Content Type ◽  
Low Level ◽  
Internet Industry ◽  
Case Methodology ◽  
The Face ◽  
Start Ups ◽  
Practical Implications

Purpose – The purpose of this paper is to explore the legitimacy needs and legitimation strategies of Internet start-ups in the context of industry dynamism. Design/methodology/approach – The purpose of this paper is to explore the legitimacy needs and legitimation strategies of Internet start-ups in the context of industry dynamism. Findings – The authors found that Internet start-ups are in great need of acquiring market and relational legitimacy at their nascent stages. Conformance to the environment is widely adopted by them as a legitimacy-enhancing strategy. There is an inverted “U” relationship between the maturity of the industry and the proactivity of any legitimation strategy in the sector. In the face of high- and low-level industry maturity, start-ups tend to employ prudent strategies to build up legitimacy. While in medium-mature industries, ventures are more likely to adopt proactive and aggressive strategies. Research limitations/implications – Due to the very nature of case methodology, this study is based on a small number of observations and it is set in the context of the Internet industry. The generalizability of its findings needs to be reinforced by further concrete studies. Practical implications – This paper suggests that industry dynamism should be taken into account carefully when implementing a choice of legitimation strategies. Originality/value – This study makes an attempt to further our understanding of how industry dynamism influences firms’ choices of legitimation strategies.

scholarly journals Implementation of the digital agenda by international commercial arbitrations

2021 ◽  
Vol 106 ◽  
pp. 02011
Author(s):  
Ekaterina Kupchina
Keyword(s):  
Artificial Intelligence ◽  
Digital Technologies ◽  
Wide Distribution ◽  
Digital Tools ◽  
The Internet ◽  
Commercial Arbitration ◽  
Cross Border ◽  
Arbitration Procedure ◽  
Information And Communication ◽  
The Internet Of Things

It is almost impossible to astonish anyone in the era of global digitalization and the Internet of Things. Modern digital technologies and artificial intelligence have become an integral part of everyday life. Neural networks analyze information and photographs that we post on the Internet, and artificial intelligence programs have learned to reproduce and create intellectual property objects independently. Undoubtedly, this situation contributes to an increase in cross-border disputes, and arbitration procedures are becoming more attractive for participants. The development of the information and communication environment significantly impacts the means and methods used by arbitrators and parties in arbitration. Online arbitration, video conferencing, electronic databases, systems for analyzing court and arbitration practice, and templates and document designers are used daily. Due to the wide distribution and diversity of digital tools, this area, like nothing else, needs effective regulation. In this regard, the author of this article concludes on the possibility of conducting an analysis on the implementation of the digital agenda by international commercial arbitration tribunals, identifying the main trends in the development of the arbitration procedure, and improving the legislation in this area.

scholarly journals Sociocultural Aspects of Intergenerational Communications in the Digital Age

2020 ◽  
Vol 20 (4) ◽  
pp. 369-373
Author(s):  
Evgeniya V. Listvina ◽  
◽  
Svetlana M. Frolova ◽  
Keyword(s):  
Digital Technologies ◽  
Digital Age ◽  
Turn Of The Century ◽  
Self Determination ◽  
The Internet ◽  
Digital World ◽  
The World ◽  
Characteristic Features ◽  
New Generation

The article deals with the problem of interaction between generations in the emerging digital age. With the introduction of digital technologies into everyday life, qualitatively new conditions for the existence of society are formed, what affects the interaction of generations. Based on the following classification of generations – the “book” generation, the “TV” generation, the “Internet” generation – which have different value attitudes, specific ways of organizing work, communication, forming value ideas and priorities, different ways of experiencing life in general, the authors explore the characteristic features of a new generation. These include the problem of freedom and transparency of existence in the world of gadgets. The article also discusses the problem of communication in the presence of an intermediary – a gadget that sets its own rules of social interaction, including short communications aimed at achieving fractional, rapid goals, what leads to the situativeness of human existence in the digital world. The next problem that follows from the previous one is the problem of personality and its self-determination, which is expressed in the presence of polyidentities. The fourth characteristic feature is a specific way of getting information. The turn-of-the-century generation is also characterized by the absence of a “big hero” and the absence of a “big goal” that people of previous generations aspired to. As a way to achieve intergenerational consensus, we propose the formation of a multi-figurative culture in which all the generations which we have identified participate equally.

scholarly journals Strategic development of scientific and technical potential of industry during the digital transformation of economy

2021 ◽  
Vol 14 (4) ◽  
pp. 410-417
Author(s):  
T. O. Tolstykh ◽  
S. E. Afonin
Keyword(s):  
Artificial Intelligence ◽  
Digital Technologies ◽  
Digital Transformation ◽  
The Internet ◽  
Strategic Development ◽  
Industrial Enterprises ◽  
Current State ◽  
Technical Potential ◽  
The World ◽  
The Internet Of Things

Currently the speeding up of digital transformation makes it obvious that application of digital technologies and the degree of involvement into digital transformation is an essential and significant aspect of scientific and technical potential of an industrial enterprise. The article is devoted to the analysis of trends and prospects of development of basic technologies which are the basis for digital transformation of the world economics: the Internet of things, artificial intelligence, robotization and technologies of the big data processing. The authors present the assessment of the current state of digitalization for Russian industrial enterprises by analyzing the data on the implementation of the above mentioned technologies in business-process.

scholarly journals Developing a Digital Entrepreneurial Mindset for Data-Driven, Cloud-Enabled, and Platform-Centric Business Activities: Practical Implications and the Impact on Society

2020 ◽  
pp. 3-21
Author(s):  
Mariusz Soltanifar ◽  
Edin Smailhodžić
Keyword(s):  
Business Models ◽  
Digital Technologies ◽  
Data Driven ◽  
The Internet ◽  
Success Stories ◽  
Challenges And Opportunities ◽  
Definition Of ◽  
The Impact ◽  
The Internet Of Things ◽  
Practical Implications

AbstractThe term ‘digital’ concerns not only technology but also people. This chapter emphasises the necessity of adopting a digital entrepreneurial mindset when operating in a digitised world. The chapter proposes a definition of a digital entrepreneurial mindset that is rooted in cognitive psychology, organisation theory and entrepreneurship literature. We also focus on the five trends that are shaping the digital future: mobile computing, cloud computing, social media, the Internet of Things and Big Data. The chapter discusses the challenges and opportunities that pervasive digitalisation offers for designing new digital business models and changing interactions with customers. Discussing the success stories of Domino’s Tesco and Tate Art Galleries helps to examine data-driven, cloud-enabled, platform-centric business activities, for which developing a digital entrepreneurial mindset is the first step towards success in the digital age. Collectively, the aforementioned cases suggest that businesses that rely on a digital entrepreneurial mindset enjoy better financial performance. Both managers and employees in these companies have shown the inclination and ability to discover, evaluate and exploit opportunities emerging from digital technologies. This chapter also provides a practical guide for entrepreneurs on the steps they can take to encourage a digital entrepreneurial mindset throughout their entire organisations. Finally, we elaborate on the practical implications of adopting a digital entrepreneurial mindset and its impact on society.

The Use of Digital Technologies in the Institute of Higher Education

2021 ◽  
pp. 18-25
Author(s):  
O. Shcherbakova ◽  
V. Sklyadneva
Keyword(s):  
Artificial Intelligence ◽  
Conflict Management ◽  
Digital Technologies ◽  
Educational Process ◽  
Digital Tools ◽  
The Internet ◽  
Online Testing ◽  
Digital Tool ◽  
Interpersonal Conflicts ◽  
Use Of The Internet

The article presents a description of modern digital tools that can be used in the educational process for more activating content in the formation of the necessary professional competencies in students. The use of the Internet board "Miro" allows students to master such concepts as "conflict" and "conflict resistance" while studying the discipline "Conflictology"; the digital tool "Nearpod" while studying the topic "Conflict Management in the Organization" made it possible to present a presentation and, after studying its content, conduct online testing on the "Test Wizard" platform, using tasks of varying complexity; the use of artificial intelligence is also possible as a new tool for resolving interpersonal conflicts - on the platform of the TELEGRAM social network.

scholarly journals Digital Technologies in the Process of Virtualization of Consumer Behaviour – Awareness of New Technologies

Management ◽  
2018 ◽  
Vol 22 (2) ◽  
pp. 187-203 ◽  
Author(s):  
Dominika Kaczorowska-Spychalska
Keyword(s):  
Artificial Intelligence ◽  
Internet Of Things ◽  
Consumer Behaviour ◽  
New Technologies ◽  
Digital Technologies ◽  
The Internet ◽  
Economic Dimension ◽  
Production Logistics ◽  
The Impact ◽  
The Internet Of Things

Summary Digital resolution is currently one of the most important forces determining changes and their dynamics in the social, cultural and economic dimension. Digital technologies such as the Internet of Things and Artificial Intelligence will, according to Gartner’s Hype Cycle for Emerging Technologies 2017, play an increasingly important role while creating a new quality of the market space. Yet, these are multidimensional issues whose potential should be considered both, from the perspective of enterprises that create and/or adapt such technologies in their production, logistics or sale processes as well as in consumer perspective taking into account a degree of awareness, interest and fascination of potential buyers, users with such devices and solutions. This is determined by dualism of approach to digital technologies (economic approach vs. humanistic approach) and evaluation of their potential benefits and threats. It seems, however, that virtualization of consumer behaviour as a consequence of impact of technologies such as the Internet of Things and Artificial Intelligence, can at the same time be a significant driving force of further processes of digitalization, its dimensions and dynamics. The article attempts to identify the impact of digital technologies (IoT and AI) on attitudes, preferences and decisions of consumers and presented discussion was based on the results of own studies in the analysed area.

scholarly journals Implementación de Aplicaciones Informáticas en la Industria Agrícola del Aguacate

2019 ◽  
pp. 13-23
Author(s):  
Raquel Ochoa-Ornelas ◽  
Daniel Fajardo-Delgado ◽  
María Guadalupe Sánchez-Cervantes ◽  
Jonathan Osornio-Mendoza
Keyword(s):  
Artificial Intelligence ◽  
Internet Of Things ◽  
Mobile Applications ◽  
Digital Technologies ◽  
The Internet ◽  
Agile Methodologies ◽  
Large Databases ◽  
Incremental Strategy ◽  
The Internet Of Things

Agriculture 4.0, conceived as a kind of industry, is built by integrating a set of digital technologies such as the Internet of things, Artificial Intelligence, and the management of large databases (or Big Data). This industry implies a transformation of the production infrastructure that allows increasing the agricultural productivity and the quality of the products efficiently and sustainably. These changes require the implementation of digital technologies for the collection, analysis and communication of information, allowing timely decision making. This article deals with the implementation of a platform that includes both desktop, Web and mobile applications and Internet of things tools for the control of production and marketing in avocado orchards. The development of a prototype of the platform is described under agile methodologies and following an iterative and incremental strategy. Finally, the tests that determine the integral functionality of the platform prototype and experimental results are presented.

Prospects for digitalization of the environmental monitoring system

2021 ◽  
Author(s):  
M.A. Viderker ◽  
E.V. Rassadina
Keyword(s):  
Artificial Intelligence ◽  
Environmental Monitoring ◽  
Monitoring System ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Nature Management ◽  
The Internet ◽  
Advanced Technologies ◽  
Environmental Monitoring System ◽  
The Internet Of Things

Currently, digitalization affects various sectors of the economy. The state plays a significant role in regulating digitalization. Digital transformation opens up great prospects for the ecology and nature management industry. The main advanced technologies that will allow the industry to reach a qualitatively new level are big data, the Internet of Things and artificial intelligence. The introduction of digital technologies and platform solutions into an integrated environmental monitoring system will allow to quickly carry out integrated collection, processing and analysis of data, forecasting and management decisions on environmental protection issues, and ensure the openness of data and decisions made. Key words: digital technologies, digitalization, digital economy, ecology, nature management, environmental monitoring.

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