Page - 175 - in Digital Entrepreneurship - Impact on Business and Society

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 AlBalooshi,M. (2016).Thereare4 typesof creativity.Retrieved fromhttps://www.linkedin.com/ pulse/4-types-creativity-maryam-al-balooshi/. Amabile, T. M. (1988). A model of creativity and innovation in organizations. Research in organizational behavior, 10(1), 123–167. Amabile, T. M., Barsade, S. G., Mueller, J. S., & Staw, B.M. (2005). Affect and creativity at work.Administrative ScienceQuarterly, 50(3), 367–403. Amabile, T. M., Conti, R., Coon, H., Lazenby, J., & Herron, M. (1996). Assessing the work environment for creativity.Academy ofManagement Journal, 39(5), 1154–1184. Areete. (2018).Conceptual age—Knowledge, skills and attitudes. Retrieved from https://areete. wordpress.com/2011/11/02/conceptual-age/. Bal, S. N. (2013). Mobile web—Enterprise application advantages. International Journal of Computer Science andMobile Computing, 2(2), 36–40. Bharadwaj, A., El Sawy, O. A., Pavlou, P. A., & Venkatraman, N. (2013). Digital business strategy: Toward a next generation of insights.MISQuarterly, 471–482. Brinson, S. (2017).The conceptual age:The importance of higher order thinking. Retrieved from https://www.diygenius.com/higher-order-thinking/. Bullas, J. (2015). 3 digital start-ups that thatmade it big. Retrieved fromhttps://www.jeffbullas. com/3-digital-start-ups-that-that-made-it-big/. 180 E. Smailhodžić andD. Berberović