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opportunities are âout there.â However, in entrepreneurship literature, another
prevalent stance (i.e., creation perspective) denies this assumption and maintains
entrepreneurial opportunities can also be created (Alvarez and Barney 2007).
Althougha thoroughdiscussionof these twocontrastingviews is beyond the scope
of this study,weshouldadmit that the topicof internationalopportunitypursuit ina
digitally enabledworld can possibly be better understood if this creation perspec-
tivewould be addressed.
Afurther investigationofDTsas âdriving forceâandDTsas âdisrupting forceâ is
another area which can be explored. For instance, scholars can continue to inves-
tigate and identify other factors regarding how these emerging technologies facil-
itate knowledge accumulation and change the relative importance of experiential
knowledge.Moreover, aswediscuss these twoperspectives separately, someefforts
canbe taken toexaminewhether andhowsomespeciïŹccategories ofDTscanplay
both roles at the same time.
In addition,while our primary focus in this chapter is to explore how to acquire
knowledge and how knowledge matters for opportunity pursuit in a digitally
enabledworld, knowledge perspective studies have also underlined the importance
of knowledge application (Alavi and Leidner 2001; Grant 1996). The ability of
knowledge application by nature varies across the ïŹrms (Wu et al. 2019), and
therefore should be considered as the boundary condition for the conceptual
framework proposed here.
5.3 Conclusion
There is no doubt that digitalization has challenged the traditional pattern of doing
business includingopportunitypursuit in foreignmarkets. Past studies haveoffered
manyvaluable insightswith regard to internationalopportunitycreationandcapture
in a digitally enabled world, but they are generally scattered and fragmented.
Drawing on entrepreneurship literature and IB literature, this study develops a
conceptual frameworkandaddsknowledge to the literature bycategorizing the role
ofDTs into twoperspectives, that is,DTs as âdriving forceâ andDTsas âdisrupting
force.âWe hope this framework is instrumental and could potentially serve as a
guide for future researches.
Acknowledgements The authorswish to thankMatHughes,MariuszSoltanifar andLutzGöcke
for their valuable feedback on the early version of the manuscript, and participants at the
Colearning seminar for their comments. This work is supported by theNational Natural Science
Foundation of China (Grant No. 71572174, 71972166) and the National Social Science Foun-
dation of China (Grant No. 17ZDA050).
Pursuing International Opportunities in a Digitally EnabledWorld 277
Digital Entrepreneurship
Impact on Business and Society
- Title
- Digital Entrepreneurship
- Subtitle
- Impact on Business and Society
- Authors
- Mariusz Soltanifar
- Mathew Hughes
- Lutz Göcke
- Publisher
- Springer Verlag
- Location
- Cham
- Date
- 2021
- Language
- English
- License
- CC BY 4.0
- ISBN
- 978-3-030-53914-6
- Size
- 16.0 x 24.0 cm
- Pages
- 340
- Keywords
- Entrepreneurship, IT in Business, Innovation/Technology Management, Business and Management, Open Access, Digital transformation and entrepreneurship, ICT based business models
- Category
- International