Digital entrepreneurship ecosystem: How digital technologies and collective intelligence are reshaping the entrepreneurial process

2020 ◽  
Vol 150 ◽  
pp. 119791 ◽  
Author(s):  
Gianluca Elia ◽  
Alessandro Margherita ◽  
Giuseppina Passiante
Author(s):  
Wawan Dhewanto ◽  
Salma Azzahra ◽  
Vania NR Rhommadhonni ◽  
Fera Yunita

The young generation has a very important role as the nation's next generation, so it needs special attention to make them strong and independent figures. The young age phase is also a determining gate for the future after completing education (United Nation, 2013). Unfortunately, in Indonesia the number of young unemployed reaches 22.48% (Central Bureau of Statistics, 2018). Under these conditions, one of the efforts that can be done to reduce the unemployment rate is through an entrepreneurial program (Fatoki, 2014). This is a challenge for all parties because Rahmatiah et al (2019) states that currently the young generation of Indonesia is still difficult to become entrepreneurs. Moreover, competition in the 4.0 industrial revolution era is getting tougher. For entrepreneurs in rural areas, the challenges faced are greater than those who live in urban areas (Azzahra & Dhewanto, 2017), however by utilizing digital technology and becoming digital entrepreneurs, rural residents are able to compete, minimize social inequalities and accelerate economic growth (Ratten, 2018 ). Only a few young people have the talent and interest to run a business (Ceptureanu & Ceptueanu, 2015). Therefore an in-depth study of the interests and entrepreneurial processes for rural youth to become a digital entrepreneur is needed. This research was conducted in order to have young digital entrepreneurs who came from rural areas to be able to compete in this 4.0 industry era. Thus, the research questions in this study are: (1). Why does rural youth want to be a digital entrepreneur? How is the entrepreneurial process of rural youth to become digital entrepreneurs? Keywords: Digital Entrepreneurship, Entrepreneurial Process, Rural Youth


Author(s):  
Jenna Grzeslo

PurposeThe purpose of this study is to explore how the uptake of digital technologies influences youth entrepreneurship in Kenya.Design/methodology/approachThis study utilizes 28 semi-structured interviews with entrepreneurs age 21–35 in Nairobi, Kenya. Interview transcripts were analyzed using open- and closed-coding.FindingsMillennial entrepreneurs embrace change and challenges by harnessing mobile technologies and social media. In doing so, they are engaging in what French sociologist Lévi-Strauss called “bricolage,” or “making do with what's at hand.”Originality/valueThis study explores a unique segment of entrepreneurs, Millennials in Kenya and identified the ways in which digital entrepreneurship represents a form of bricolage.


2021 ◽  
Vol 3 (518) ◽  
pp. 56-62
Author(s):  
S. M. Davydchuk ◽  

Digital entrepreneurship, which consists in creating a digital business and introducing digital technologies by various entrepreneurs, can help make existing entrepreneurship more inclusive. The article is aimed at examining the impact of digitalization on the system of management of financial-economic activities of enterprises; studying the existing international practice of introducing digitalization processes in the management of financial-economic activities of enterprises, including in rural territories. To achieve the aim, the author has set and implemented a number of tasks, namely: analysis of international framework documents in the sphere of introduction and spread of digitalization processes at the enterprises located in rural territories; identification of key prerequisites and measures to promote the spread of digitalization processes in the sphere of management of financial-economic activities of enterprises, including in rural territories. The article presents the results of the author’s research on the essence of digitalization as a modern mechanism for managing the financial-economic activities of enterprises in rural territories. The main aspects of development of digitalization in the activity of agricultural enterprises are studied. The measures to increase the level of technological development of production and management of activities together with the financial-economic state of enterprises in rural territories, as well as to increase competitiveness, are identified. The results of scientific research can be used in the process of further scientific study of the process of digitalization of entrepreneurship in rural territories of Ukraine.


2021 ◽  
Vol 81 (1) ◽  
pp. 210-221
Author(s):  
Олег Євгенович Камінський ◽  
Юлія Олександрівна Єрешко ◽  
Сергій Олександрович Кириченко ◽  
Ростислав Володимирович Тульчинський

Nowadays, digital technologies have a significant impact on how business perceptions change and how new businesses are created. The new technological paradigm harnesses the potential of collaboration and intellectual capital to develop and implement more robust and sustainable entrepreneurial initiatives. However, while a research in digital entrepreneurship is relevant and timely, there is a limited amount of studies on the real impact of digital technology and intellectual capital on entrepreneurship education, although inquiries into digital entrepreneurship theory and practice have drawn more attention in the recent years. Moreover, at the current level of globalization, society, as practice shows (the situation with COVID-19), is not protected from global shocks in the form of chain crises and pandemics. Therefore, digital entrepreneurship is also able to help solve the economic problems caused by the above phenomena. The purpose of the article is to analyse and clarify various aspects of training students of economic specialties in digital entrepreneurship; formulate the tasks that arise while using digital technologies in the economy, and determine the ways to solve them in the education system. Among many forms of digital entrepreneurship training, online courses are one of the strongest trends and they do affect the content and flow of teaching and learning. This article also focuses on better understanding the skills, opportunities, and risks involved in using the online courses as a new way of training entrepreneurship in higher education system. The authors empirically study the problems and drivers for developing such courses as a new pedagogical concept. The results show that such a course is flexible in time and space and can therefore contribute to the accessibility of entrepreneurship education.


Author(s):  
Wassim Bensaid ◽  
Hassan Azdimousa

A review of the contemporary literature on entrepreneurship suggests that, in general, entrepreneurship in the digital sphere is more or less different from " traditional " entrepreneurship. Nevertheless, faced with this assertion, the question that remains slightly discussed is to determine which are foremost the main variables that allow us to compare these two phenomena in order to be able to distinguish them? Based on an in-depth study of variables used in the literature to describe entrepreneurs and their businesses, this paper attempts to introduce a global conceptual model that opens new tracks research to compare, in an empirical way, digital entrepreneurship and traditional entrepreneurship. This framework takes into account three main elements: The entrepreneur profile, the entrepreneurial process and finally the measurement of the venture performance and outcomes. This work also provides useful informations on digital entrepreneurship while demonstrating that it is a complex and multifactorial phenomenon.


2020 ◽  
pp. 264-269
Author(s):  
AMIRANI MAGLAKELIDZE

Given the modern global conjuncture, technological innovation and creative thinking play a major role in the process of implementing entrepreneurial activities. The rapid development of digital technologies and the emergence of diverse digital platforms have given impetus to the transformation of entrepreneurial behavior and the conduct of entrepreneurial activities from the real - to the virtual environment. In the modern digital world, there is no alternative to technological entrepreneurship. 5G network, blockchain, 3D printing and other technological innovations make business processes faster, more reliable and flexible. The generation and implementation of continuous innovative ideas in technology has led to the emergence and development of information technology, digital technology, digital platforms, on which the modern form of entrepreneurship - digital entrepreneurship is based. One of the obstacles to the development of digital entrepreneurship in Georgia is the lack of proper access to digital technologies. At the same time, the population of Georgia has not yet developed the digital culture and skills that ensure the implementation of commercial activities in the virtual space. According to the National Statistics Office of Georgia in July 2019 in the country: 70.6% of households actively used the Internet, only 20.8% of them purchased goods and/or services through digital channels. In 2018, only 3.2% of enterprises received an order through the website. These data indicate the low level of Internet use by the public and, consequently, enterprises for commercial purposes. This untapped segment, at the same time, creates a solid potential for further development of digital entrepreneurship. Especially today, when physical mobility is restricted due to the worldwide pandemic COVID-19. Innovations and technologies are the main driving forces of modern entrepreneurship. Therefore, the emphasis of the Government of Georgia in this direction and the launch of appropriate economic policy instruments should positively support the transformation of the entrepreneurial environment and entrepreneurial behavior in the country. Given the current situation in Georgia, in order to identify and develop digital entrepreneurial opportunities, it would be appropriate to take the following measures: First, the state must ensure that more people have access to the Internet and digital technologies; Second, increase the scale of financial support programs for innovative and digital entrepreneurial initiatives, also, to help startups attract funding sources, to consult on opportunities to attract venture investments, to make it possible to implement a more technologically innovative idea; Third, primacy should be given to Georgian universities in the fields of entrepreneurship, innovation and technology, computer science; Fourth, the network of innovation centers should be expanded and similar educational spaces should be created to ensure the development of technical and entrepreneurial skills of the population (especially the rural population) in the field of innovation and technology.


2021 ◽  
Vol 57 (45) ◽  
pp. 97-115
Author(s):  
Milan Krivokuća ◽  
Dragan Ćoćkalo ◽  
Mihalj Bakator

The development of digital technologies has fundamentally changed all segments of the functioning of human societies and ways of doing business in all activities. Digital entrepreneurship has emerged as a consequence of the development of digital technologies and digitalization. The subject of research conducted in this paper is digital entrepreneurship as a new paradigm of business due to market globalization. The main research problem addressed in this paper is the analysis of the impact that digital entrepreneurship has on business. Within the work, empirical research was conducted, on a sample of 147 respondents, which aimed to point out the potentials that digital entrepreneurship has in the Republic of Serbia. The research conducted in this paper aimed to point out the importance of digital entrepreneurship, as a new business paradigm in global markets, and the potential of digital entrepreneurship in the Republic of Serbia. In addition to a comprehensive analysis of secondary data sources, the results of which are presented in the literature review, the paper also used primary data sources, i.e. the results of research on the potential of digital entrepreneurship in the Republic of Serbia, conducted by the author through an online survey.


Author(s):  
Bongsug (Kevin) Chae ◽  
Gyuhyeong Goh

Digital technologies are key resources for entrepreneurial activities and there is great interest in digital entrepreneurship. While much research has focused on the role of digital technologies in entrepreneurship and how they are shaping the field, there has been relatively little research on those key players of digital entrepreneurship. Using data from Crunchbase and Twitter API and a learning machine, this study attempts to answer the question of “who are digital entrepreneurs?” This study reports that digital entrepreneurs in the artificial intelligence and data analytics (AIDA) industry are more likely to be male and to be active and connected online than non-digital entrepreneurs. In addition, they tend to be more extroverted and less conscientious and agreeable than other, non-digital, entrepreneurs. Our findings help to develop a clearer picture of digital entrepreneurs, which would be of great interest to investors, policy makers, current and future digital entrepreneurs and educators.


2020 ◽  
Vol 7 (4) ◽  
pp. 8-17
Author(s):  
Ileana Hamburg

Digitalization signifies transformational or disruptive implications of digital technologies for businesses (new business and work models, new types of products/services, new types of customer). Digital technologies support new forms of innovation and entrepreneurial initiatives which hold implications at regional/national and societal and influence educators, policy making entities and other stakeholders. The formation of the entrepreneur as a person for digital transformation is important and considered, in a large part, to be due to learning. Entrepreneurship is “a process of new value creation” and digital entrepreneurship is understood as “a subcategory of entrepreneurship in which some or all of what would be physical in a traditional organization has been digitized”. Existing research on the digitalization of innovation and entrepreneurship refers mostly to specific fields or disciplines (e.g., marketing, economics, information systems, operations, strategy) and arguably, limited effort has been spent so far on adopting a more interdisciplinary view of the underlying issues. Disruptive innovation and entrepreneurs are strongly connected. Entrepreneurs are often the ones that develop new products or services that change an entire industry and  disruptive innovation  has the potential to improve student/employees outcomes also during their entrepreneurial education and training. Particularly it happens by breaking boundaries for an interdisciplinary entrepreneurial learning. After the Introduction, the paper includes results of literature review and of interviews the author done with entrepreneurs within some European projects about different forms of innovation and entrepreneurship, particularly digital disruptive innovation and entrepreneurship. A review of literature about entrepreneurial learning and basis components, which characterize it, are given in part 3. It includes also experience of the author in teaching and training entrepreneurs. The last part of the paper presents some interdisciplinary new approaches within entrepreneurial learning oriented to disruptive, digital innovation and digital entrepreneurship.  Developments within a European project with the participation of the author are also given.


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