Score big in Digital Innovation & Entrepreneurship with my easy-to-understand and complete notes that helped me nail the exam with a 9/10. Get all the articles key stuff in one shot, save time, and boost your grades.
[Meer zien]
Laatste update van het document: 11 maanden geleden
- Digital technologies play crucial roles in entrepreneurship, making boundaries more fluid.
- Digital artifacts are reprogrammable and recombinable, so they allow the easy modification of
functionalities, shaping opportunities
- Traditional entrepreneurship models assume that obstacles are stable. But opportunities in
digital age are emergent and evolute with the context
- Sociomateriality explores the interrelation of social and material aspects in entrepreneurship,
it emphasizes user involvement in creating entrepreneurial opportunities
- Entrepreneurs use digital artifacts to create opportunities because they embody narratives
that are interpreted in different contexts. Given this, the users' interpretation of artifacts can
lead to broader and broader market opportunities (identify market needs based on digital
experiences). Multiple interpretations of digital artifacts lead to diverse entrepreneurial
possibilities.
- Entrepreneurship involves experimentation which is influenced by digital artifacts. They allow
for trial and experimentation, exploring new oppportunities. "Scope creep" - describes cost-
effective opportunity expansion.
- Design capital - stock of digital designs owned by a firm. It can enable or constrain a venture's
ability to experiment new opportunities
- New digital infrastructures allow for scalable opportunities, and introduce variability into
entrepreneurial processes, affecting outcomes. Problem - use of digital tools can lead to
knowledge divisions and unintended consequences in activities (lack of coordination)
- Digitalization is a sociotechnical process that affects cognitive, social, and institutional levels.
- With digitization, entrepreneurial processes and outcomes are more fluid and can be more
variable.
- Entrepreneurial agency is becoming less predefined and distributed
- Platform decisions impact the appeal and accessibility to go for new entrepreneurial
oppportunitiopportunities
- Open governance structures reduce uncertainty.
- Innovation assets leverage and reduce knowledge gaps.
- Path dependencies of a platform affect opportunities
- The governance interacts with the entrepreneurs' capabilities and affects the venture's
success. It is a moderating variable between capabilities and performance (focus on digital
platform architecture and governance)
Conclusion:
- Digital infrastructures (like crowdfunding or 3D printing, transform entrepreneurial processes.
These infrastructures also bring variability to processes and outcomes
- Digitalization as a socio-technical process. It affects cognitive, social and institutional levels
and makes the relationship between processes and outcomes more complex and dynamic.
- Digital infrastructures provide richer mental representations, facilitate the reasoning process
- Entrepreneurial agency is becoming less predefined and more distributed
,- Open governance structures reduce uncertainty and promote experimentation
- Entrepreneurs' individual capabilities interact with platform governance, which can shape
venture's success
- Digital technology infrastructure supports distributed entrepreneurial agency, like in digital
forums. It fosters idea generation and development.
- Technology Affordances and Constraints Theory - This theory explores the relationship
between technology features and users' goals. Explains the variation in entrepreneurial
outcomes.
- Public policies on open data can facilitate entrepreneurs in discovering new opportunities.
, Sahut et al. (2021)
22 October 2023 10:00
- Objective: understand the factors facilitating digital entrepreneurship & create digital value
using digital innovation.
- Adopts a micro-level perspective on DE. DE has been driven by digital start-ups like Airbnb
and Google.
- Two main areas of Digital Entrepreneurship research:
○ Impact of Digitalization on Entrepreneurship (how digitalization is transforming ent.
Processes and venture creation - digital technologies act as enablers)
○ Opportunities arising from Digital Technological Innovation (there are opportunities
which are generated by digital technology innovation - digital technologies act as both
enablers and outputs)
- Digital Entrepreneurial Ecossytems (DEE) change the individualistic bias in entrepreneurship
research.
- DEE and Digital Platforms (DP) emphasize the collective and complex structures in digital
world.
- A micro-level approach is needed to understand the impact of digitalization on
entrepreneurial actions.
A framework to understand Digital Entrepreneurship based on digital information processing:
- Digital technologies expand the capacity to acquire, produce, distribute and consume
information.
- The production, distribution and consumption of digital information creates both
opportunities and threats
- Digital Entrepreneurship - Process of entrepreneurial creation of digital value through socio-
technical digital enablers. Not a subcategory, but a reconciliation of traditional
entrepreneurship with the digital age.
Four major research streams:
○ Digital Business Model Contributions to Literature:
Relevance of business models in DE
Digital technologies enable new value creation
Business model represents how a venture plans to create digital value
○ Digitalization of Entrepreneurial Processes
How digital technologies Transformed Entrepreneurial Processes
Entrepreneurial processes are less bounded, more dynamic, and facilitated
○ Digital platform contributions to strategy Literature
Digital platforms play a crucial role in enabling collaboration, knowledge sharing
and product development
○ Digital Entrepreneurial Ecosystem Literature
How digital technologies influence entrepreneurial ecosystems
5 Contents:
- Investigates the impact of entrepreneurs' positions on professional networks and the start-up
survival rate. -> Finds that online networking affects access to vital knowledge resources
- Explores how small businesses (traditional) leverage digital platforms. Highlights the role of
digital platforms in promoting corporate entrepreneurship, learning and innovation. And
how they empower the creation and exchange of organizational knowledge
- Emphasizes the impact of DE on entrepreneurship education. -> Women are more cautious
decision-makers.
- Explores how IT companies capture info on Vcnetworks. -> investigates relationship between
R&D and VC investments.
Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, creditcard of Stuvia-tegoed voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper tiagosilva. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €5,99. Je zit daarna nergens aan vast.
