Uploaded on Jul 7, 2022
Digital entrepreneurs are often confronted with an organizational infrastructure that is weak and an environment marred by corruption which frequently hampers their operations. Such weak infrastructures lead to restricting access to the required finances, absence of regulations and policies that safeguard and extend support for e-commerce, and it also comprises of a lack of proficient and experienced labour.
A critical review of Challenges and Opportunities in Digital Entrepreneurship
CHALLENGES AND
OPPORTUNITIES IN
DIGITAL
ENTREPRENEURSHIP-
FUTURE RESEARCH
TOPICS UK DISSERTATION
An Academic presentation by
Dr. Nancy Agnes, Head, Technical Operations,
Tutors India Group: www.tutorsindoa.com
Email: [email protected]
Today
Discussion
01 Backgroun
d
0 Opportunities in Digital
2 Entrepreneurship
Challenges in
Digital
04. OEnptproerptruennietiuerss hainpd
Challenges in Digital
3 Entrepreneurship
5. Conclusion
6. Future Research Topics
Background
Digital entrepreneurship can be defined as
identifying and seeking opportunities for
entrepreneurship on the basis of production
of platforms, digital artifacts, and
infrastructures that offer services by
leveraging technology.
Digital entrepreneurship has had a huge
impact on businesses across the globe.
Facebook, Microsoft, Google, Apple and
Twitter have entirely metamorphosed the
way communication is being carried out in
the current day.
A significant role is played by digital
entrepreneurship ecosystem (DEE) wherein it
is known to act as an accelerator for the
development of digital start-ups.
Opportunities in Digital
Entrepreneurship
With digital entrepreneurship, everything
can be rendered fair within specific regions.
This would offer the scope of working in
remote locations on several occasions, at
home or out and about.
Digital entrepreneurship can assume as
substantial role in progressing gender equality,
economic and social consideration, animating
development in the vicinity, while contributing
to practical development.
Setting up a business venture
digitally is comparatively easy
as compared to conventional
businesses.
For instance, the time required for
developing a website that is
instrumental in facilitating the sale
of products and services are less.
Challenges in Digital Entrepreneurship
As far as developed nations are concerned, developing a model of cloud
computing that is based on utility is a particular challenge that is faced by dig
ital entrepreneurs.
Though it might be the truth, across several nations that are still under
development or rural regions for that matter, even basic infrastructure proves
to be a major challenge.
Primary barriers that hamper digital entrepreneurship would comprise
of infrastructure, capabilities and different aspects of a business.
Opportunities and Challenges in
Digital Entrepreneurship
Conclusion
Developments in the digital domain present tremendous
opportunities for growth nonetheless, business
visionaries are expected to entirely misuse their
economic potential to form a base for new businesses
or provide the impetus for already existing businesses.
In order to empower visionaries of digital businesses to
widen the benefits that infrastructure can present, it is
the onus of policy makers to providing appropriate
conditions that are conducive to growth and
development of new business models.
Future Research Topics
Innovation of Business Models for
Digital Entrepreneurs.
Investigating the Relation between
Social Networks and Digital
Entrepreneurship.
Reshaping the Entrepreneurial Process with
Collective Intelligence and Digital
Technologies in the Digital Entrepreneurship
Ecosystem.
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