Entrepreneurship and Innovation in E-business

Alghamdi, F, Papagiannis, F and Michaelides, Zenon (2017) Entrepreneurship and Innovation in E-business. International Journal of Recent Scientific Research, 8 (10). ISSN 0976-3031

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Abstract

E-businesses have been on the rise following the constant development of technology and the internet. Both on line and on site business need to incorporate the elements of entrepreneurship and innovation (Bucherer, Eisert and Gassmann 2012). Moreover, as argued in this paper firms that initially operated physical stores only are starting e-business platforms now. The main reason being that online business offers customers a series of features or conveniences, which are not found in real shops (Fillis and Wagner 2005). This means that companies operating online ventures stand to gain regarding increased sale and access to clients from all parts of the world.The primary argument of this paper is thatboth innovation and entrepreneurship are crucial to the survival of e-businesses and e-commerce ventures. The paper takes an integrative approach to analyse and discuss the synergies that exist between innovation and entrepreneurship. Further, the paper also addresses the factors that foster interaction between the two factors. The essay also looksat some empirical studies analysed will contribute towards the significanceof innovation and entrepreneurship in e-businesses. In a nutshell, the paper helps improve the glimpse of the current models and practices of innovation and entrepreneurship in organisations, specifically e-businesses.