Digital https://boardroom360.info/enterprise-governance-vs-corporate-governance-discovering-the-difference/ entrepreneurship is the evolution of internet-powered business models. It isn’t dependent on a specific location and uses smartphones, laptops and internet to market products and services, like ebooks. Its popularity has helped to make the world a much smaller place and has opened up new opportunities for entrepreneurs to exploit. It has also helped traditional businesses become more digital, allowing them to retain their customers and expand beyond their physical location.
To build and sustain a sustainable internet-powered business model, digital entrepreneurs must be able to employ a variety of strategies. These strategies include the use of scalable business models, strategic networking and partnerships as well as effective communication and leadership. The digital entrepreneur must also have a long-term view and the ability to navigate obstacles in a non-fussy manner.
Digital entrepreneurs must be able in the process of developing and deploying a scalable digital artifact to identify an acceptable Value Proposition (VP). Typically, this involves the recognition and use of disruptive VPs that transform existing business practices into digital business models or create new ones altogether. Netflix, Airbnb, and Uber are examples of digital entrepreneurs that have taken this approach.
The method of case study is a good research methodology to study digital entrepreneurialism. This is because case studies enable a contextual investigation of real world issues and aid in answering ‘What’ or “How?” questions.