Digital Innovation and Entrepreneurship: Review of Challenges in Competitive Markets with emphasis on micro enterprises in Manipur.
Article Sidebar
Main Article Content
This article presents a narrative review of selected studies that investigate the impact of digital innovation on entrepreneurship and its outcomes within diverse sociopolitical contexts. The review shows that improved innovation output and the ability to absorb innovative digital models are associated with higher economic growth rates. Technological changes explain a significant portion of entrepreneurial dynamics, while regional factors also play a key role. Internet usage has led to reduced operational costs, increased sales, and enhanced customer interaction for the majority of firms, enabling rapid market expansion and stronger supplier linkages. Digitalization fosters entrepreneurship’s expansion into new markets, creating a positive feedback loop between digital adoption and firm growth. The study further highlights that government policy and institutional support have more influence on entrepreneurship sustainability than technological readiness alone. Although most examples derive from broader national and global settings, these insights highlight similar digital innovation challenges and opportunities for micro‑enterprises in emerging economies such as Manipur, where digital platforms, e‑commerce adoption, and mobile internet penetration are becoming pivotal for inclusive economic development. Future research should empirically examine how digital entrepreneurship contributes to income growth, market reach, and sustainability among smaller and tribal enterprises in such regions.
Downloads
References
Audretsch, D. B. (2012). Determinants of high-growth entrepreneurship. OECD Working Papers. OECD Publishing.
UNCTAD. (2021). Digital economy report 2021: Cross-border data flows and development. United Nations.
World Bank. (2020). Doing business and digital transformation. World Bank Publications.
World Bank. (2020). World development report 2020: Trading for development in the age of global value chains. World Bank.
Acs, Z. J., & Audretsch, D. B. (2005). Handbook of entrepreneurship research: An interdisciplinary survey and introduction. Springer.
Audretsch, D. B. (2012). Entrepreneurship research. Management Decision, 50(5), 755–764. [7] Autio, E., Nambisan, S., Thomas, L. D. W., & Wright, M. (2018). Digital affordances, spatial affordances, and the genesis of entrepreneurial ecosystems. Strategic Entrepreneurship Journal, 12(1), 72–95.
Bharadwaj, A., El Sawy, O. A., Pavlou, P. A., & Venkatraman, N. (2013). Digital business strategy: Toward a next generation of insights. MIS Quarterly, 37(2), 471–482.
Davidsson, P. (2015). Entrepreneurial opportunities and the entrepreneurship nexus: A re-conceptualization. Journal of Business Venturing, 30(5), 674–695.
Giones, F., & Brem, A. (2017). Digital technology entrepreneurship: A definition and research agenda. Technology Innovation Management Review, 7(5), 44–51. https://doi.org/10.22215/timreview1076
Hull, C. E., Hung, Y. T., Hair, N., Perotti, V., & DeMartino, R. (2007). Taking advantage of digital opportunities: A typology of digital entrepreneurship. International Journal of Networking and Virtual Organisations, 4(3), 290–303.
Autio, E., Nambisan, S., Thomas, L. D. W., & Wright, M. (2018). Digital affordances, spatial affordances, and the genesis of entrepreneurial ecosystems. Strategic Entrepreneurship Journal, 12(1), 72–95. https://doi.org/10.1002/sej.1266
Kraus, S., Palmer, C., Kailer, N., Kallinger, F. L., & Spitzer, J. (2019). Digital entrepreneurship: A research agenda on new business models for the twenty-first century. International Journal of Entrepreneurial Behavior & Research, 25(2), 353–375.
Nambisan, S. (2017). Digital entrepreneurship: Toward a digital technology perspective of entrepreneurship. Entrepreneurship Theory and Practice, 41(6), 1029–1055.
OECD. (2019). OECD SME and entrepreneurship outlook 2019. OECD Publishing. [16] Porter, M. E., & Heppelmann, J. E. (2014). How smart, connected products are transforming competition. Harvard Business Review, 92(11), 64–88.
Schumpeter, J. A. (1934). The theory of economic development. Harvard University Press.
Shane, S., & Venkataraman, S. (2000). The promise of entrepreneurship as a field of research. Academy of Management Review, 25(1), 217–226.
United Nations Conference on Trade and Development (UNCTAD). (2021). Digital economy report 2021: Cross-border data flows and development. United Nations.
World Bank. (2020). World development report 2020: Trading for development in the age of global value chains. World Bank.
Government of India. (2022). Economic Survey 2021–22. Ministry of Finance, Government of India.
Ministry of Micro, Small and Medium Enterprises. (2023). Annual report 2022–23. Government of India.
Government of India. (2022). Digital India programme: Annual report. Ministry of Electronics and Information Technology.
NITI Aayog. (2020). Strategy for New India @75. Government of India.
Ministry of Electronics and Information Technology. (2021). Digital India annual report. Government of India.
Dana, L. P. (2015). Indigenous entrepreneurship: An emerging field of research. International Journal of Business and Globalisation, 14(2), 158–169.
Hindle, K., & Lansdowne, M. (2005). Brave spirits on new paths: Toward a globally relevant paradigm of indigenous entrepreneurship research. Journal of Small Business and Entrepreneurship, 18(2), 131–141.
Anderson, R. B., Dana, L. P., & Dana, T. E. (2006). Indigenous land rights, entrepreneurship, and economic development in Canada. Journal of World Business, 41(1), 45–55.
United Nations Development Programme (UNDP). (2021). Human development report 2021/2022: Uncertain times, unsettled lives. United Nations Development Programme.
Kraus, S., Palmer, C., Kailer, N., Kallinger, F. L., & Spitzer, J. (2019). Digital entrepreneurship: A research agenda on new business models for the twenty-first century. International Journal of Entrepreneurial Behavior & Research, 25(2), 353–375. https://doi.org/10.1108/IJEBR-06-2018-0425
Kraus, S., Palmer, C., Kailer, N., Kallinger, F. L., & Spitzer, J. (2019). Digital entrepreneurship: A research agenda on new business models for the digital age. International Journal of Entrepreneurial Behavior & Research, 25(2), 353–375. https://doi.org/10.1108/IJEBR-06-2018-0425
Nambisan, S. (2017). Digital entrepreneurship: Toward a digital technology perspective of entrepreneurship. Entrepreneurship Theory and Practice, 41(6), 1029–1055. https://doi.org/10.1111/etap.12254
Nambisan, S. (2017). Digital entrepreneurship: Toward a digital technology perspective of entrepreneurship. Entrepreneurship Theory and Practice, 41(6), 1029–1055. https://doi.org/10.1111/etap.12254
OECD. (2019). Entrepreneurship at a glance 2019. OECD Publishing.
OECD. (2019). SME and entrepreneurship outlook. OECD Publishing.
This work is licensed under a Creative Commons Attribution 4.0 International License.
All articles published in our journal are licensed under CC-BY 4.0, which permits authors to retain copyright of their work. This license allows for unrestricted use, sharing, and reproduction of the articles, provided that proper credit is given to the original authors and the source.