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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.
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CHALLENGES AND OPPORTUNITIESINDIGITAL ENTREPRENEURSHIP-FUTURE RESEARCHTOPICSUK DISSERTATION AnAcademicpresentationby Dr.NancyAgnes,Head,TechnicalOperations,TutorsIndia Group: www.tutorsindoa.com Email:info@tutorsindia.com
TodayDiscussion 01 02 03 Background OpportunitiesinDigital Entrepreneurship ChallengesinDigital Entrepreneurship OpportunitiesandChallenges inDigitalEntrepreneurship Conclusion FutureResearchTopics
Background Digital entrepreneurship can be defined as identifying and seeking opportunities for entrepreneurshiponthebasisofproductionof platforms, digital artifacts, and infrastructures thatofferservicesbyleveragingtechnology. Digital entrepreneurshiphashadahugeimpact onbusinessesacrosstheglobe.
Facebook,Microsoft,Google,AppleandTwitter haveentirelymetamorphosedtheway communicationisbeingcarriedoutinthe currentday. A significant role is played by digital entrepreneurship ecosystem (DEE) wherein it is known to act as an accelerator for the developmentofdigitalstart-ups.
OpportunitiesinDigital Entrepreneurship Withdigitalentrepreneurship,everythingcanbe renderedfairwithinspecificregions.Thiswould offer the scope of working in remote locations onseveraloccasions,athomeoroutandabout. Digital entrepreneurshipcan assume as substantial role in progressing gender equality, economic and social consideration, animating developmentinthevicinity,whilecontributingto practicaldevelopment.
Setting up a business venture digitallyiscomparativelyeasyas compared to conventional businesses. Forinstance,thetimerequiredfor developing a website that is instrumentalinfacilitatingthesaleof productsandservicesareless.
ChallengesinDigitalEntrepreneurship As far as developed nations are concerned, developing a model of cloud computingthatisbasedonutilityisaparticularchallengethatisfacedbydigital 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 beamajorchallenge. Primarybarriersthathamperdigitalentrepreneurshipwouldcompriseof infrastructure,capabilitiesanddifferentaspectsofabusiness.
Conclusion Developments in the digital domain present tremendous opportunities for growth nonetheless, business visionaries are expected to entirely misuse their economic potential toformabase for newbusinessesorprovidethe impetus foralreadyexistingbusinesses. 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 businessmodels.
FutureResearchTopics InnovationofBusinessModelsfor Digital Entrepreneurs. Investigating the Relation between Social NetworksandDigitalEntrepreneurship. Reshaping the Entrepreneurial Process with CollectiveIntelligenceandDigitalTechnologies intheDigitalEntrepreneurship Ecosystem.
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