Seite - 175 - in Digital Entrepreneurship - Impact on Business and Society
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This creative digital solution to solving an intense cab problem leads to a large
company emerging based on a rather simple digital solution. Furthermore, it dis-
ruptednot only the cab service industrybut also thewhole car industry asUberhas
changed the concept of owning a car (Siu 2016). Uber fares are comparatively
cheaper to rivals and sometimes lower than cab fares, and passengers can always
order anUber.Therefore, it disrupts the car industry in the sense that peopledonot
find it necessary anymore to own a car on their own (Hyder 2017).
5 Practical Implications
The new technologies are building bridges between people andmake connecting
with each other easier. It is important to emphasize that creativity is being
encouraged in businesses to support employees to come up with new ideas and
solutions for problems that have arisen.Due to an increasing interest in the creative
process by people and companies, and the fact the economy is shifting toward a
new digital era, new digital businesses and start-ups are booming. New ideas to
make our lives simpler are being thought of every day, and this will continue for
years tocome.This era ismainly focusedonmakingpeople’s lives easier andmore
convenient since people are increasingly busy and do not have time to do other
things.Of course, shifting to this digital era also has its drawbacks and carries new
threats, such as hackers. Data can be stolen and manipulated, thereby affecting
people’s privacy. On the other hand, this problem creates not only new jobs but
whole new industries, such as IT security, offering opportunities for new digital
businesses to emerge.
References
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Amabile, T. M., Conti, R., Coon, H., Lazenby, J., & Herron, M. (1996). Assessing the work
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Areete. (2018).Conceptual age—Knowledge, skills and attitudes. Retrieved from https://areete.
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180 E. Smailhodžić andD. Berberović
Digital Entrepreneurship
Impact on Business and Society
- Titel
- Digital Entrepreneurship
- Untertitel
- Impact on Business and Society
- Autoren
- Mariusz Soltanifar
- Mathew Hughes
- Lutz Göcke
- Verlag
- Springer Verlag
- Ort
- Cham
- Datum
- 2021
- Sprache
- englisch
- Lizenz
- CC BY 4.0
- ISBN
- 978-3-030-53914-6
- Abmessungen
- 16.0 x 24.0 cm
- Seiten
- 340
- Schlagwörter
- Entrepreneurship, IT in Business, Innovation/Technology Management, Business and Management, Open Access, Digital transformation and entrepreneurship, ICT based business models
- Kategorie
- International