Digitalization: Reshaping Innovation and Entrepreneurship
DOI:
https://doi.org/10.62802/hz97r764Keywords:
digitalization, innovation, entrepreneurship, artificial intelligence, blockchain, big data, organizational agility, Web3, sustainability, digital ethicsAbstract
The accelerating wave of digitalization is fundamentally reshaping the landscape of innovation and entrepreneurship, creating unprecedented opportunities and introducing complex new challenges. This study examines the intricate interplay between digital technologies and the processes of innovation, entrepreneurial activity, and organizational transformation. Drawing from interdisciplinary perspectives, it explores key technological drivers such as artificial intelligence, big data, blockchain, and the Internet of Things, and their role in enabling new business models and entrepreneurial ecosystems. The analysis highlights the evolution of platform-based economies, the rise of digital startups, the transformation of organizational cultures toward agility and intrapreneurship, and the emergence of lean innovation methodologies. It also addresses critical ethical, social, and regulatory considerations, including algorithmic bias, data privacy, digital inclusion, and the need for agile governance frameworks. Future research directions are outlined with a focus on decentralized innovation models such as Web3 and the imperative of green, sustainable digital entrepreneurship. The paper concludes that succeeding in the digital era requires more than technological adoption. It demands a strategic fusion of innovation, ethical responsibility, and sustainable development. By offering a comprehensive and forward-looking framework, this research contributes valuable insights to scholars, entrepreneurs, policymakers, and innovators seeking to navigate and shape the future of a digitally mediated global economy.
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