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Digital Entrepreneurship: Opportunities, Barriers, Key Drivers

Digital Entrepreneurship: Opportunities, Barriers, Key Drivers
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Author(s): Nik Herda Nik Abdullah (Taylor's University, Malaysia)
Copyright: 2023
Pages: 21
Source title: Handbook of Research on Designing Sustainable Strategies to Develop Entrepreneurial Intention
Source Author(s)/Editor(s): Ramakrishna Yanamandra (Skyline University College, UAE)and Logaiswari Indiran (Universiti Teknologi Malaysia, Malaysia)
DOI: 10.4018/978-1-6684-8781-5.ch005

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Abstract

This chapter discusses the concept of digital entrepreneurship with a focus on its opportunities, barriers, key drivers, and expectations for the future. Today, people are living in a time in which digital transformation and the rapid development of technology are affecting every aspect of their lives. With the emergence of new devices, business models, technologies, and platforms, as well as the advancement of social media and innovative advertising, the transition from employment to entrepreneurship has become easier. Digital entrepreneurship involves enhancing business operations, developing new business models, enhancing business intelligence, and engaging stakeholders and clients. This chapter contributes to the theoretical development of digital entrepreneurship. In particular, it responds to a call to capture the concept of digitalisation in entrepreneurship as well as opportunities, key drivers, existing barriers, and potential areas for future research.

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