Digital entrepreneurship – A social interaction perspective

AuthorEric Braune,Frédéric Teulon,Leo Paul Dana
Date01 September 2019
DOIhttp://doi.org/10.1002/cjas.1544
Published date01 September 2019
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Digital entrepreneurship A social interaction perspective
Social interaction is important to consider when studying
entrepreneurship (Aldrich and Zimmer, 1986). Around
the world, social networks are important to various
degrees; Berger et al (2015, p. 462), observe that Arab
wasta is similar to Chinese guanxi. Social interaction is
perhaps even more important in the case of digital entre-
preneurship, because of the new and complex context
that it introduces. Addressing the thennovel technology
of the Internet, Etemad et al. (2010, p. 336) wrote;
relations on the internet are more explicit than those
based on interpersonal and culturally or socially based
relations. In fact, most of the online relations are of
functional and professional nature, explicitly articulated,
and do not lend themselves to interpersonal or crosscul-
tural misunderstandings or misinterpretations, whether
favorable or not. The nature of internetassisted relations
may, therefore, differ qualitatively from those based on
actual human relations outside the Internet.
Digital entrepreneurship today goes further, as it offers
social interactions that change communications, uses,
and relationships among: (i) entrepreneurs; (ii) firms;
(iii) institutions; and (iv) users (Sussan and Acs, 2017;
DelanoëGueguen, S., and Liñán, 2018; Song, 2019).
Examples of interactions among entrepreneurs, users,
institutions and agents through digital infrastructure
include:
i. UserEntrepreneur interactions including crowd
funding for new startup financing, crowd-
sourcing, and the recognition of opportunities, as
well as innovation, and the development of new
products;
ii. InterEntrepreneneur interactions and/or Entrepre-
neurFirm interactions, that can open access to
new markets, and a variety of innovations, including
the development of new products, cobranding,
codesharing, and crossselling; and
iii. InterInvestor interactions among venture capitalists,
who share knowledge of innovations, startups,
related risks and risk sharing.
It appears that social interactions, of the types men-
tioned above, contribute to comparative advantage,
growth and survival of entrepreneurial projects through:
(i) more efficient financing; (ii) access to markets
resulting in increased sales, possibly of a new product
and/or of an existing product in new markets; (iii)
improved organization, possibly the result of sharing
knowledge; and (iv) increased strategic flexibility.
Networks (and interactions within them) are thus
central to the understanding of digital entrepreneurship.
As indicated by the lead paper in this special issue,
entrepreneurs search for information and resources
through their networks and cooperate with others;
findings reveal that network density, and time to first
collaboration have an impact on the probability of
survival and hence, based on one's social network, the
survival time of a startup can be forecasted.
The new and complex playing field offers much
opportunity for research and dialogue among
researchers and practitioners. Consequently, this special
issue is interested in social interactions that arise from
social networks and platforms, and how these affect
access to funding, new information, and exchange
knowledge, and thus build on innovations (and new
products).
Suggested Topics
Ideas generation, problem solving, and innovation
diffusion in online entrepreneurial communities
Digital tools to support fast prototyping and Lean
startup
Entrepreneurship in Open source communities
Entrepreneurial online ecosystems
Collective intelligence and entrepreneurship
Digital technologies to support Open innovation in
startups and SMEs
Use of Social media by entrepreneurs and SMEs for
knowledge sharing
Entrepreneurship and the Sharing economy
Knowledge sharing in venture capital networks
Crowdfunding and crowdsourcing for resource
pooling and opportunity recognition in new venture
creation
DOI: 10.1002/cjas.1544
452 © 2019 ASAC. Published by John Wiley & Sons, Ltd. Can J Adm Sci. 2019;36:452453.wileyonlinelibrary.com/journal/cjas

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