From Economic Complexities to Computational Entrepreneurship

This paper proposes a new academic discipline of computational entrepreneurship, which centers on: i) An exponentially growing (and less expensive) computing power, to the extent that almost everybody in a modern society can own and use that; ii) Omnipresent high-speed Internet connectivity, wired or wireless, representing our modern day’s economic connectomics; iii) Growing concern of exploiting “serendipity” for a strategic commercial advantage; and, iv) Growing capabilities of lay people in performing calculations for their informed decisions in taking fast-moving entrepreneurial opportunities. Computational entrepreneurship has slowly become a new mode of operation for business ventures, and will likely bring the academic discipline of entrepreneurship back to mainstream economics.