IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v12y2020i10p4018-d358011.html
   My bibliography  Save this article

Digital Entrepreneurship: A Theory-Based Systematization of Core Performance Indicators

Author

Listed:
  • Liliya Satalkina

    (Department for Knowledge and Communication Management, Danube University Krems, 3500 Krems, Austria)

  • Gerald Steiner

    (Department for Knowledge and Communication Management, Danube University Krems, 3500 Krems, Austria
    Complexity Science Hub Vienna, 1080 Vienna, Austria)

Abstract

Digital transformation affects socioeconomic systems, bringing inevitable changes to business processes, particularly those related to resource demands, networking processes, and communication mechanisms within entrepreneurial activities. Furthermore, digital transformation leads to unintended side effects on the societal system and affects the competitiveness, resilience, and viability of the overall innovation system. It also fosters the formation of new business models or the reshaping of existing ones and determines digital entrepreneurship as a process or as an outcome of business activity. The tendencies of digital entrepreneurship differ concerning the underlying innovation system conditions. The analysis and the systematization of categories and performance indicators of digitalization and digital entrepreneurship provide a framework for micro- and macro analytic perspectives. This research aims to provide a theory-based systematization of the existing performance indicators that characterize digital entrepreneurship, with a particular focus on compound indicators that characterize the tendencies of digital entrepreneurship on a country basis in the period from 2016 to 2019. As a theoretical basis for categorization and further analysis of the indicators, we applied a set of 10 determinants of digital entrepreneurship. These determinants cover a broad range of elements (from individual patterns to organizational management processes and the influence of external infrastructure and institutional settings) that define the phenomenon of digital entrepreneurship within three core dimensions: the entrepreneur, the entrepreneurial process, and the relevant ecosystem. We defined how the subindices of the chosen compound indicators are interrelated with the determinants of digital entrepreneurship. Further correlation analysis was applied in order to define the systematic interrelations between the different dimensions of digital entrepreneurship as part of a socioeconomic system.

Suggested Citation

  • Liliya Satalkina & Gerald Steiner, 2020. "Digital Entrepreneurship: A Theory-Based Systematization of Core Performance Indicators," Sustainability, MDPI, vol. 12(10), pages 1-22, May.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:10:p:4018-:d:358011
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/12/10/4018/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/12/10/4018/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Margherita Pagani, 2013. "Digital Business Strategy and Value Creation : Framing the Dynamic Cycle of Control Points," Post-Print hal-02313107, HAL.
    2. Elia, Gianluca & Margherita, Alessandro & Passiante, Giuseppina, 2020. "Digital entrepreneurship ecosystem: How digital technologies and collective intelligence are reshaping the entrepreneurial process," Technological Forecasting and Social Change, Elsevier, vol. 150(C).
    3. Satish Nambisan, 2017. "Digital Entrepreneurship: Toward a Digital Technology Perspective of Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 41(6), pages 1029-1055, November.
    4. Clyde Eiríkur Hull & Yu-Ting Caisy Hung & Neil Hair & Victor Perotti & Richard DeMartino, 2007. "Taking advantage of digital opportunities: a typology of digital entrepreneurship," International Journal of Networking and Virtual Organisations, Inderscience Enterprises Ltd, vol. 4(3), pages 290-303.
    5. Gerald Steiner, 2018. "From probabilistic functionalism to a mental simulation of innovation: by collaboration from vulnerabilities to resilient societal systems," Environment Systems and Decisions, Springer, vol. 38(1), pages 92-98, March.
    6. Wenjie Li & Wenyu Du & Jiamin Yin, 2017. "Digital entrepreneurship ecosystem as a new form of organizing: the case of Zhongguancun," Frontiers of Business Research in China, Springer, vol. 11(1), pages 1-21, December.
    7. Marco Ardolino & Mario Rapaccini & Nicola Saccani & Paolo Gaiardelli & Giovanni Crespi & Carlo Ruggeri, 2018. "The role of digital technologies for the service transformation of industrial companies," International Journal of Production Research, Taylor & Francis Journals, vol. 56(6), pages 2116-2132, March.
    8. Fiona Sussan & Zoltan J. Acs, 2017. "The digital entrepreneurial ecosystem," Small Business Economics, Springer, vol. 49(1), pages 55-73, June.
    9. Liliya Satalkina & Gerald Steiner, 2020. "Digital Entrepreneurship and its Role in Innovation Systems: A Systematic Literature Review as a Basis for Future Research Avenues for Sustainable Transitions," Sustainability, MDPI, vol. 12(7), pages 1-27, April.
    10. Geissinger, Andrea & Laurell, Christofer & Sandström, Christian & Eriksson, Klas & Nykvist, Rasmus, 2019. "Digital entrepreneurship and field conditions for institutional change– Investigating the enabling role of cities," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 877-886.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Isabelle Biclesanu & Sorin Anagnoste & Ovidiu Branga & Marco Savastano, 2021. "Digital Entrepreneurship: Public Perception of Barriers, Drivers, and Future," Administrative Sciences, MDPI, vol. 11(4), pages 1-11, November.
    2. Yáñez-Valdés, Claudia & Guerrero, Maribel, 2024. "Determinants and impacts of digital entrepreneurship: A pre- and post-COVID-19 perspective," Technovation, Elsevier, vol. 132(C).
    3. Emilia Herman, 2022. "The Interplay between Digital Entrepreneurship and Sustainable Development in the Context of the EU Digital Economy: A Multivariate Analysis," Mathematics, MDPI, vol. 10(10), pages 1-28, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bejjani, Melissa & Göcke, Lutz & Menter, Matthias, 2023. "Digital entrepreneurial ecosystems: A systematic literature review," Technological Forecasting and Social Change, Elsevier, vol. 189(C).
    2. Emilia Herman, 2022. "The Interplay between Digital Entrepreneurship and Sustainable Development in the Context of the EU Digital Economy: A Multivariate Analysis," Mathematics, MDPI, vol. 10(10), pages 1-28, May.
    3. Yáñez-Valdés, Claudia & Guerrero, Maribel, 2024. "Determinants and impacts of digital entrepreneurship: A pre- and post-COVID-19 perspective," Technovation, Elsevier, vol. 132(C).
    4. Liliya Satalkina & Gerald Steiner, 2020. "Digital Entrepreneurship and its Role in Innovation Systems: A Systematic Literature Review as a Basis for Future Research Avenues for Sustainable Transitions," Sustainability, MDPI, vol. 12(7), pages 1-27, April.
    5. Paul, Justin & Alhassan, Ibrahim & Binsaif, Nasser & Singh, Prakash, 2023. "Digital entrepreneurship research: A systematic review," Journal of Business Research, Elsevier, vol. 156(C).
    6. Zaheer, Hasnain & Breyer, Yvonne & Dumay, John, 2019. "Digital entrepreneurship: An interdisciplinary structured literature review and research agenda," Technological Forecasting and Social Change, Elsevier, vol. 148(C).
    7. Jiewang Chu & Jiaxuan Li, 2022. "The Composition and Operation Mechanism of Digital Entrepreneurial Ecosystem: A Study of Hangzhou Yunqi Town as an Example," Sustainability, MDPI, vol. 14(24), pages 1-19, December.
    8. Alessandra Colombelli & Emilio Paolucci & Elisabetta Raguseo & Gianluca Elia, 2024. "The creation of digital innovative start-ups: the role of digital knowledge spillovers and digital skill endowment," Small Business Economics, Springer, vol. 62(3), pages 917-937, March.
    9. Bullini Orlandi, Ludovico & Zardini, Alessandro & Rossignoli, Cecilia, 2021. "Highway to hell: Cultural propensity and digital infrastructure gap as recipe to entrepreneurial death," Journal of Business Research, Elsevier, vol. 123(C), pages 188-195.
    10. Tobias Kollmann & Lucas Kleine-Stegemann & Katharina Cruppe & Christina Then-Bergh, 2022. "Eras of Digital Entrepreneurship," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 64(1), pages 15-31, February.
    11. Culot, Giovanna & Orzes, Guido & Sartor, Marco & Nassimbeni, Guido, 2020. "The future of manufacturing: A Delphi-based scenario analysis on Industry 4.0," Technological Forecasting and Social Change, Elsevier, vol. 157(C).
    12. Irina Gorelova & Diana Dmitrieva & Mariya Dedova & Marco Savastano, 2021. "Antecedents and Consequences of Digital Entrepreneurial Ecosystems in the Interaction Process with Smart City Development," Administrative Sciences, MDPI, vol. 11(3), pages 1-15, September.
    13. Fernandes, Cristina & Ferreira, João J. & Veiga, Pedro Mota & Kraus, Sascha & Dabić, Marina, 2022. "Digital entrepreneurship platforms: Mapping the field and looking towards a holistic approach," Technology in Society, Elsevier, vol. 70(C).
    14. Irene Bertschek & Joern Block & Alexander S. Kritikos & Caroline Stiel, 2024. "German financial state aid during Covid-19 pandemic: Higher impact among digitalized self-employed," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 36(1-2), pages 76-97, January.
    15. Francisco Olmo-García & Fernando Javier Crecente-Romero & María Teresa Val-Núñez & María Sarabia-Alegría, 2023. "Entrepreneurial activity in an environment of digital transformation: an analysis of relevant factors in the euro area," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-10, December.
    16. Umair Baig & Batool Muhammad Hussain & Ieva Meidute-Kavaliauskiene & Sigitas Davidavicius, 2022. "RETRACTED: Digital Entrepreneurship: Future Research Directions and Opportunities for New Business Model," Sustainability, MDPI, vol. 14(9), pages 1-16, April.
    17. Chaudhary, Sanjay & Kaur, Puneet & Ferraris, Alberto & Bresciani, Stefano & Dhir, Amandeep, 2024. "Connecting entrepreneurial ecosystem and innovation. Grasping at straws or hitting a home run?," Technovation, Elsevier, vol. 130(C).
    18. Yáñez-Valdés, Claudia & Guerrero, Maribel & Barros-Celume, Sebastián & Ibáñez, María J., 2023. "Winds of change due to global lockdowns: Refreshing digital social entrepreneurship research paradigm," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    19. Angélica Pigola & Bruno Fischer & Gustavo Hermínio Salati Marcondes de Moraes, 2024. "Impacts of Digital Entrepreneurial Ecosystems on Sustainable Development: Insights from Latin America," Sustainability, MDPI, vol. 16(18), pages 1-30, September.
    20. Jie Wu & Steven Si & Zhiyang Liu, 2022. "Entrepreneurship in Asia: Entrepreneurship knowledge when East meets West," Asian Business & Management, Palgrave Macmillan, vol. 21(3), pages 317-342, July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:12:y:2020:i:10:p:4018-:d:358011. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.