scholarly journals The Challenges and Solutions for Digital Entrepreneurship Platforms in Enhancing Firm’s Capabilities

2021 ◽  
Vol 16 (11) ◽  
pp. 21
Author(s):  
Cai Qian Qiu ◽  
Mandy Mok Kim Man

Digital entrepreneurship platforms have created opportunities to marketers and manufacturers to achieve their marketing objectives with digital technologies through various digital platforms. Implementation of digital platforms have changed the traditional ways of doing business in bricks and mortar to digital channels such as online marketing, App store, purchase via internet or smartphone, e-transaction and e-commerce. There is a general belief that by moving firms towards digitalization world and selling products or services through digital platforms will increase firms’ capabilities and directly increase sales finally lead to better firms’ performance. In fact, this is not applied to all the firms involving selling and buying in digital platforms. The main advantages of doing digital platforms business are do not need much capital in starting up the business and this business model allows digital entrepreneurs to work from anywhere and anytime without the restriction of locations and time constraints. There are many factors in influencing the success or failure of digital entrepreneurship of an individual, team or firm. First and foremost is the innovation factor which determines the successful path to the ultimate goal of the business. This paper discusses the digital entrepreneurship opportunities, digital platforms practices, challenges, risks and constraints faced in promoting and expanding digital platforms from a Malaysian perspective, such as firms’ organizational structure and human resource in digital expertise, digital technologies readiness, financial supports, market changes and unprecedented risks. This paper argues the importance and development of digital entrepreneurship that incorporates strategic innovation to enhance firms’ capabilities. The findings of the paper highlighted the potential of digital entrepreneur platforms in increasing new career for individual, enhancing economy growth and welfare for consumers. Hopefully the discussion outcomes will raise further awareness and attention of individual, team and firms to integrate digital entrepreneurship into their businesses.

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.


Author(s):  
A.N. Semin ◽  
◽  
V.V. Drokin ◽  
A.S. Zhuravlev ◽  
◽  
...  

The article discusses the main directions and forms of adaptation of agricultural production experience to integration into digital platforms for the functioning of the agricultural sector. The informational and statistical basis of the study is determined; a circle of modern research centers that deal with the use of digital technologies in the agricultural sector is outlined; the technologies used in the agricultural sector are classified based on the cliometric approach, that demonstrated by analyzing the yield of grain crops in Russia from 1850 to 2019. Digital platforms for the functioning of the agro-industrial complex are highlighted, allowing to implement areas and forms of adaptation of agricultural production experience to integration into them. Concrete recommendations are given on the use of digital technologies in the field of agricultural production from the standpoint of increasing the competitiveness of agro-food products.


2021 ◽  
Vol 102 (6) ◽  
pp. 14-19
Author(s):  
Antero Garcia ◽  
T. Philip Nichols

Antero Garcia and T. Philip Nichols explore how classrooms and schools must reframe their conceptions of technology from a focus on tools that serve specific purposes to a focus on platforms and their ecologies. In doing so, they argue, educational stakeholders should attend to three different dimensions of how technology is integrated in schools: the social uses of digital technologies, the design decisions that were made about these products, and the material resources that help make them operate. This approach requires educators to ask complicated questions about what technology does in schools and how to teach with and about it.


2021 ◽  
Vol 13 (11) ◽  
pp. 6348
Author(s):  
Sultan Çetin ◽  
Catherine De Wolf ◽  
Nancy Bocken

Digital technologies are considered to be an essential enabler of the circular economy in various industries. However, to date, very few studies have investigated which digital technologies could enable the circular economy in the built environment. This study specifically focuses on the built environment as one of the largest, most energy- and material-intensive industries globally, and investigates the following question: which digital technologies potentially enable a circular economy in the built environment, and in what ways? The research uses an iterative stepwise method: (1) framework development based on regenerating, narrowing, slowing and closing resource loop principles; (2) expert workshops to understand the usage of digital technologies in a circular built environment; (3) a literature and practice review to further populate the emerging framework with relevant digital technologies; and (4) the final mapping of digital technologies onto the framework. This study develops a novel Circular Digital Built Environment framework. It identifies and maps ten enabling digital technologies to facilitate a circular economy in the built environment. These include: (1) additive/robotic manufacturing, (2) artificial intelligence, (3) big data and analytics, (4) blockchain technology, (5) building information modelling, (6) digital platforms/marketplaces, (7) digital twins, (8) the geographical information system, (9) material passports/databanks, and (10) the internet of things. The framework provides a fruitful starting point for the novel research avenue at the intersection of circular economy, digital technology and the built environment, and gives practitioners inspiration for sustainable innovation in the sector.


2021 ◽  
Vol 50 (2) ◽  
pp. 35-49
Author(s):  
Emma Duester

Abstract The ability to publish and provide access to cultural resources via free, open source digital platforms is empowering Vietnamese cultural professionals to promote their culture to local and international audiences. Digitization projects now include the use of 3D, VR, and AR digital technologies for the purpose of being published on digital platforms. This is creating an emergent digital culture in Vietnam, with an increasing amount of available resources online. Digitization projects are now used to preserve cultural heritage as well as to present and promote contemporary art and culture. This reflects a change in practices amongst cultural professionals in Hanoi, in terms of how digital technologies are used and the value placed on making cultural resources publicly accessible online. However, as new content, knowledge, and voices are able to participate in the online discourse on art and culture, the question remains as to whether this digital transition is creating greater equality and inclusion in the cultural sector or if it is exacerbating already existing forms of digital cultural colonialism. This paper presents findings from 50 interviews with cultural professionals working in the cultural sector in Hanoi about their digitization projects and digital work practices, the developments in digitization in Hanoi’s cultural sector over the past five years, how cultural professionals are utilizing the opportunities afforded by digital technologies for cultural preservation and promotion, as well as the challenges they face in carrying out digitization projects.


Author(s):  
N.V. RASSKAZOVA ◽  

The problems of the digital economy development are central, since the introduction of digital technologies in the reproduction process provides for increased efficiency and reduced production costs. This fact encourages the development of digital platforms and mechanisms that allow to accelerate the process of interaction between different actors and reduce the transaction costs of coordinating economic interests at the micro and macro levels, which will eventually lead to economic growth. In this regard, the problem of digitalization of the Russian economy and its branches is relevant.


Author(s):  
Rosfashihah Roslan ◽  
Nisrina Abd Ghafar

Digital Entrepreneurship Course (Digital Entrepreneurship) is a common core course that must be taken by Diploma level students at the Department of Commerce, Malaysian Polytechnic. The course offering aims to produce entrepreneurs who are able to conduct business online in line with the development of IR4.0. This study was conducted to identify the challenges faced by Merlimau Polytechnic Digital Entrepreneurship’s students and the differences faced by students based on the duration of business experiences and programme studies. This survey research using a quantitative approach was conducted on 113 students in the Commerce Department, as a sample to answer the questionnaire. The questionnaire has 15 items questions covering three aspects of the study namely technical and knowledge, security, and finance. Research data were collected and analyzed using descriptive statistics and inferential statistics. The results of the study found that the challenge of e-commerce among Digital Entrepreneurship students is at a moderate level between 2.93 to 3.29. The findings of the study also found that there was no significant difference between e-commerce challenges on the duration of business experience p (113) = 0.466 and programme studies with the value of p (113) = 0.594. The effect of offering these courses can polish students' skills to become entrepreneurs and provide experience in facing the challenges of doing business online. It can also be used as a guide to lecturers and curriculum in producing teaching content aligned to the organization's objectives to develop holistic, entrepreneurial, and balanced TVET graduates through dynamic education comply with the industrial revolution (IR4.0).


2021 ◽  
Vol 26 (3(88)) ◽  
Author(s):  
Ivan Voronchak ◽  
Yuriy Vovk

The paper investigates the theoretical and practical aspects of providing the corporate social responsibility in a digital economy. The digital transformation of economic activity necessitates a business response to fundamental new challenges and threats related to cybersecurity, privacy, copyright protection, blockchain, misinformation, ethical algorithms for artificial intelligence etc. The quantity and complexity of digitalization problems determines the need for a consistent and comprehensive approach to ensuring digital responsibility in economy. Corporate digital responsibility can be defined as a responsible and ethical using of digital technologies; forecasting the social, economic and environmental consequences of decisions made in the digital economy. The analysis of social reports and web resources of Ukrainian companies indicates that their potential of digital responsibility is limited to the digital skills transfer and partial using in communications with stakeholders. At the same time, there are promising ways of manifesting social responsibility of domestic enterprises: investments in digital infrastructure and education; using digital technologies to monitor the responsibility and business ethics of suppliers and contractors; digitalization of environmental management processes; protection of digital rights and personal data of customers, employees, partners; dialogue with real and potential stakeholders through digital channels. Foreign experience shows that it is efficient to form public-private partnership platforms in the field of digital responsibility and sustainable development. It is also appropriate for the government to develop and implement a strategy for the digital transformation, programs of economic and advisory support for digital social entrepreneurship; to form standards for assessing and reporting about corporate digital responsibility; to eliminate the institutional and legislative barriers to the digital economy development; to overcome the digital divide in society; to create algorithms for personal data processing and suitable digital platforms.


2021 ◽  
Vol 16 (4) ◽  
pp. 10-19
Author(s):  
Jörg Petermann

Real estate marketing has changed fundamentally over the past twenty years, mainly due to digital technologies. Due to the availability of online platforms as intermediary websites, the complexity of interaction relationships between providers, demanders, and real estate agents has increased. The study takes the perspective of real estate agents and uses the example market of Cologne/Bergisch-Gladbach to show what new potential digital channels offer for the reach and intensity of real estate marketing. Real estate agencies are challenged to evolve technologically, but then have a wider inventory of marketing channels and presentation options at their disposal. In the future, social media and video streaming platforms could further revolutionize property marketing, offering further potential to proactive providers, especially in terms of property branding and international sales.


Author(s):  
Aritra Brahma ◽  
Rajasi Dutta

This paper is an attempt to study the role of social media and e-commerce for business entrepreneurship in modern times. Social media and e-commerce play significant role for development of business enterprises and also for its marketing and sustainable growth. Internet access is most popular in recent days intensifying the use of mobile phones, computers, and laptops leading to a high change in the growth of digital channels both in strength and volume. Social media and internet play an ever-growing role in the lives of consumers. Now consumers are spending more time on social media and internet surfing. Thus the visibility of any product is more available through social media or internet than traditional marketing techniques. Online marketing is flourishing due to social media, people nowadays spend their time on social media and that is great for marketing, there are millions of monthly active users for various sites in social media. Day by day growth of online marketing in the global platform is an evident that the business entrepreneurship is taking place with a high speed. E-commerce website is providing all the goods and services through online portals online today. The increasing number of ecommerce websites.


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