Wednesday, 11 May 2022

A Conceptual Model on Digital Entrepreneurship: Perspective of Smart Organization and Technological Innovation | Chapter 04 | New Innovations in Economics, Business and Management Vol. 8

 In today's world of quick and rising change, innovation is the only method to maintain progress and competitiveness. Adopting innovation is the greatest choice for firms to preserve growth and competitiveness in the face of these intricate, rapid changes. That is why businesses must be "smart" on the ground, utilising technology that is driven by information and learning. They must also be resilient in order to generate creative ideas from inside and capitalise on external chances. To deal with changing markets and expanding client demands, businesses must become "smart." Digital entrepreneurship (DE) is seen as a critical pillar for innovation. However, there are some worries about smart organisations (SO), digital entrepreneurship (DE), and technological innovation (TI), as well as how they will be implemented.


Individuals, society, industry, and enterprises all get the advantages of inventions. What all of these organisations have in common is that they all aspire for innovation and work hard to achieve it in order to best prepare for a profitable future. Intelligent innovation requires ongoing readiness to meet an unknown future, as well as learning, knowledge, adaptation, and agility. Smart firms built on AI, intelligence at work, creative orientation, environment comprehension, adaptability, and continuous learning could also benefit from innovation in goods, processes, and current payment systems, among other things.

This paper provides a conceptual model for SO concentrating on TI based on a thorough literature assessment (i.e. Product and process). Business intelligence, creative orientation, environmental comprehension, adaptability, and continuous learning, according to this integrated paradigm, all play a critical part in TI. It's also suggested that DE works as a link between the SO and the TI. The development of theories and the proposal of new research areas are both investigated.

Author(S) Details


Mushira A. Eneizat
Faculty of Business and Finance, The World Islamic Sciences and Education University, Jordan.

Mohammed M. Al-Kassabeh
Faculty of Business and Finance, The World Islamic Sciences and Education University, Jordan.

View Book:- https://stm.bookpi.org/NIEBM-V8/article/view/6735


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