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An Exploratory Study on the Components of Digital Entrepreneurship  

Byun, Chung Gyu (Entrepreneurship Research Institute, Gyeongsang National University)
Park, Jong Bok (School of Business Administration, Gyeongsang National University)
Publication Information
Asia-Pacific Journal of Business Venturing and Entrepreneurship / v.17, no.2, 2022 , pp. 141-151 More about this Journal
Abstract
This exploratory study was conducted to derive the components of digital entrepreneurship by targeting the experts related to Information and Communication Technology (ICT). Through the review of previous studies and Delphi analysis, the major components of digital entrepreneurship were derived into the 'digital entrepreneurial orientation area' and the 'digital technology competency area'. The components of digital entrepreneurship are innovativeness, proactiveness, risk-taking, desire for achievement, ability to identify digital business opportunities, digital technology utilization capability, digital operation process establishment capability, digital technology development capability, digital technology acceptance, information exchange, and cooperation network establishment, digital-based customer acquisition and management was presented. The importance and execution of success factors were measured through IPA analysis. The first quadrant(keep up the good work) includes proactiveness, ability to identify digital business opportunities, and ability to establish digital business processes. The second quadrant(concentrate here) includes innovativeness, digital technology development capability, and digital technology acceptance. The third quadrant(low priority) includes risk-taking, desire for achievement, digital technology utilization capacity, and digital-based customer acquisition and management. The fourth quadrant(possible overkill) includes information exchange and cooperation network establishment. This study is meaningful in that it presents the concept and components of digital entrepreneurship for digital entrepreneurs that can be applied in Korea.
Keywords
Digital Entrepreneurship; Components of Digital Entrepreneurship; Exploratory Study;
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