Digital entrepreneurship is an entrepreneurial activity in which digital entrepreneurs and digital entrepreneurial teams adapt to the changes in the digital economy by identifying and developing digital entrepreneurial opportunities, entering the digital market in a leading or following manner, and creating digital products and services. Digital entrepreneurship is extremely disruptive, which can promote social migration, fundamentally change the mode of economic growth and industrial layout, and change people’s production and lifestyle. It is becoming the main theme of the current digital economic development and the core engine of digital economic growth. Firstly, this study systematically reviews the literature of digital entrepreneurship, and builds the 5W1H concept system of digital entrepreneurship based on digital entrepreneurial subject（who）, digital entrepreneurial motivation（why）, digital entrepreneurial characteristics（what）, digital entrepreneurial context（where）, digital entrepreneurial occasion（when）and how to carry out（how）. Secondly, this study analyzes the elements of digital entrepreneurship and decomposes them into five elements, including digital technology, digital entrepreneurial abilities, digital entrepreneurial opportunities, digital entrepreneurial resources and digital business models. Thirdly, this study proposes “the core of digital entrepreneurial enterprise”. At the same time, it builds the IPO model of core generation by introducing I-P-O paradigm. Fourthly, this study proposes future research directions. It can refine and deepen digital entrepreneurship research from new themes, new perspectives and new mechanisms.
Digital Entrepreneurship: Research on Its Elements and Core Generation Mechanism
Foreign Economics & Management Vol. 42, Issue 04, pp. 19 - 35 (2020) DOI:10.16538/j.cnki.fem.20200228.401
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Cite this article
Zhu Xiumei, Liu Yue, Chen Haitao. Digital Entrepreneurship: Research on Its Elements and Core Generation Mechanism[J]. Foreign Economics & Management, 2020, 42(4): 19-35.
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