Entrepreneurial Ecosystems And Technology Hubs: Fostering Digital Innovation And Startups – Managerial selection process and job satisfaction: The case of the Independent Tax Agency (IAPR) in Greece
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Entrepreneurial Ecosystems And Technology Hubs: Fostering Digital Innovation And Startups
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Strategeast Presented The Best Way For Saudi Arabia To Become The Global Hub Of Digital Excellence
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Fintech Companies & Startups In Singapore
Gianluca Elia Gianluca Elia Scilit Preprints.org Google Scholar 1 , Alessandro Margherita Alessandro Margherita Scilit Preprints.org Google Scholar 1, * , Enrico Ciavolino Enrico Ciavolino Scilit Preprints.org Google Scholar 2, 3 and Karim Scilit Moghusta 4 Scholar
Received: 2021 July 31 / Revised: 2021 August 26 / Accepted: 2021 September 1 / Published 2021 September 7
(This article belongs to the special issue Digital Entrepreneurial Ecosystems: Integrating Talent, Stakeholder Engagement and Institutional Processes to Support Regional Development and Organizational Competitiveness)
Digital Connectivity: A Catalyst For Growth, Inclusion, Prosperity
While exponential technologies promise to bring unprecedented value at the social, economic and political levels, social acceptability and readiness for the technological “singularity” should be carefully considered. As digital innovation can lead to extraordinary business development, several complex issues and the ongoing pandemic crisis have increased the need to explore how technological breakthroughs and human capital can be effectively combined to create resilient socio-technical and business ecosystems. This article provides an overview of the main research areas and topics related to the emergence of the digital society and the validation of digital business ecosystems. The research process is guided by a systematic literature review and conceptual development, which aims to present a concept and model of an “incubator” for the digital society. The proposed model identifies the actors, values, flows and processes necessary to create a resilient entrepreneurial ecosystem. In this regard, the study proposes a new focus, combining and integrating both business and technology-related aspects into one unifying model. The study also lays the foundation for further research to identify the environmental and institutional factors necessary for a smooth and effective transition to a resilient entrepreneurship and technology-based society.
Exponential technological innovations such as artificial intelligence, biotechnology, 3D printing, advanced robotics and nanotechnology offer great opportunities for human well-being as they bring societies closer to solutions to complex long-term human problems and to the goals of sustainable development. In particular, digital technologies represent a large family of general purpose technologies that enable most of the development of harmful technologies. The digital revolution is fundamentally changing our society and challenging existing paradigms in a rapidly changing reality.
Concepts such as digital markets, digital companies, digital business, digital education, digital organizations and digital society are increasingly dominating the scientific, social and political discourse and gaining strength in leading social research research institutions and public organizations. “digital” effect. For example, MIT IDE – Digital Economy Initiative (https://ide.mit.edu, accessed 6 September 2021), EU DESI – Digital Economy and Society Index (https://digital-strategy.ec.europa. eu/en /policies/ desi, accessed 6 September 2021, Digital Society Initiative of the University of Zurich (https://www.cas-mda.uzh.ch/en.html, accessed 6 September 2021) and Fondazione Bruno Kessler Digital Society Action (https:// www.cas-mda.uzh.ch/en.html) ://ict.fbk.eu/areas/digital-society, accessed 6 September 2021).
Under The Hood Of Singapore’s Silicon Valley: The Inner Workings Of A Thriving Start Up Ecosystem
Although digital technologies promise to bring unprecedented value in terms of social well-being, corporate profitability and policy effectiveness, several potential risks and issues still require special attention, such as social acceptability, environmental impact, ethics and security gaps. When technology is exponential, people are mostly linear, and the speed and pace of disruption should match social readiness for such a technological singularity. Exponential growth creates an ever-widening gap between technology and us. In his essay “Future Shock,” Toffler (1970) argued that “too much change in too short a time” can lead to future shock for individuals and entire societies. Technological change is accelerating today, and the way society lives changes radically in one person’s lifetime as the technology multiplier increases.
As the scale and speed of these changes affect us as consumers, citizens and workers, and as digital innovation can drive extraordinary business development, it is necessary to explore how to effectively combine technological breakthroughs and human capital in a digital society scenario. There are three main reasons for conducting such studies. First, although the current pandemic scenario has increased the importance of using technology for social good, it should be based on the development of new human capabilities and competencies. Second, to maximize the benefits of technological innovation, society as a whole must understand the potential and risks associated with the dynamics of such innovation. Third, exponential technology and linear humanity should be integrated and intertwined to foster resilient entrepreneurial ecosystems.
In this article, based on a systematic review of the literature, a summary of the main topics of reflection related to the emergence of the digital society is made. The purpose of this systematic review is to introduce the interdisciplinary business and technological aspects of the digital society. It supports a conceptual development approach to introduce the concept and components of the Digital Society Incubator as an effective combination of exponential technology and human potential to create resilient business ecosystems. The proposed model identifies the actors, values, flows and processes necessary to create a resilient entrepreneurial ecosystem. In this regard, the study proposes a new focus by combining and integrating both business and technology perspectives into a single unifying framework. The study also lays the groundwork for further research to develop approaches, methods and processes that could facilitate a smooth and effective transition to a resilient entrepreneurship and technology-based society.
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The remainder of the paper is structured as follows: Section 2 presents the main streams of literature on digital entrepreneurship ecosystem and resilience. Next, Section 3 describes the concept development work and Section 4 describes the Digital Society Incubator framework. Chapter 5 then discusses the theoretical and managerial implications of the study. Finally, Section 6 concludes with study limitations and future research agenda.
The transition from a traditionally managed economy to an emerging entrepreneurial economy is a crucial step towards maximizing social welfare and economic growth (Lux et al. 2020; Audretsch 2009). The knowledge, creativity and innovation that flourish in entrepreneurial ecosystems become the driving force behind such an entrepreneurial economy.
Entrepreneurial ecosystems are dynamic, local, social, business, institutional, and cultural processes that aim to foster and support the creation of new ventures and the growth of firms (Shrader and Siegel 2007). An entrepreneurial ecosystem can be characterized by three main features: (1) it is geographically bounded, (2) it includes many different actors (institutions, companies, individuals, etc.), and (3) it is open to new entities that want to contribute to the ecosystem’s collective improvement operation (Audretsch 2015).
Where Do You Fit In The New Digital Ecosystem?
Spilling (1996) originally defined the business ecosystem as a complex set of different actors, roles and environmental factors that influence the socio-economic development of a region or territory. Ten years later, Cohen (2006) defined an entrepreneurial ecosystem as a set of interconnected actors in a geographic area that influence the formation and potential trajectory of the entire set of actors and potentially the entire economy. Also, Isenberg (2010) focused on the entrepreneurs who make up the business ecosystem and identified key stakeholders including potential customers and suppliers, universities and research centers, social and cultural operators, institutions and policy makers, large companies, innovative start-ups. . and entrepreneurs, experts and professionals, investors, and the talent pool (Isenberg 2010; Cohen 2006). From a complementary perspective, Autio and Levie (2015) highlighted the characteristics of the environment in which entrepreneurial processes occur, including self-organization, scope, sustainability, and interactivity, which foster entrepreneurial attitudes, capabilities, and entrepreneurial aspirations of individuals. activity. Based on the key person involved, entrepreneurship, driving force and role
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