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The increasing prevalence of multi-sided online platforms and their influence on international entrepreneurship: The rapid transformation of entrepreneurial digital ecosystems

A set of diverse, evolving, and interactive forces are strengthening trends toward the digitization of firms business models and operations at a relatively fast pace and are affecting firms’ operations at relatively micro levels. They are also changing the ecosystems at the macro level through rapid...

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Autor principal: Etemad, Hamid
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10183682/
http://dx.doi.org/10.1007/s10843-023-00331-8
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author Etemad, Hamid
author_facet Etemad, Hamid
author_sort Etemad, Hamid
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description A set of diverse, evolving, and interactive forces are strengthening trends toward the digitization of firms business models and operations at a relatively fast pace and are affecting firms’ operations at relatively micro levels. They are also changing the ecosystems at the macro level through rapid digitization, augmented by the forces of change in the environment, including the progressive developments in communication and information technology and the rapid development of artificial intelligence (AI), www3.0, and I 4.0 amongst others. A review of the change and the evolutionary trends in the past 2 decades is highlighted to enable a discussion and characterization of the rapidly dominating digital ecosystems and their impacts on firms, especially iSMEs. This article examines the entrepreneurial digital ecosystem (EDE) to bring it within our theoretical and iSMEs’ easy operational reach with a few brief case-study examples of multi-sided online platforms and their increasingly disruptive impacts so far. Four schematic presentations portray the involved processes and are presented in Figs 1, 2, 3a and 3b; a comparative analysis of the top online multi-sided platform is presented in Table 1. They are operating within the macro entrepreneurial digital ecosystem, while modifying their own micro dimensions to their advantage and affecting the macro EDE. For ease of adoption and operationalization, the principal operating characteristics of a typical macro entrepreneurial digital ecosystem, each representing a distinct strategic function, are identified and re-articulated for SMEs’ and internationalized SMEs’ (iSMEs) ease of access and use for building their own corresponding micro EDE operations in order to exploit its advantages and avoid its emerging potential hazards. 
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spelling pubmed-101836822023-05-16 The increasing prevalence of multi-sided online platforms and their influence on international entrepreneurship: The rapid transformation of entrepreneurial digital ecosystems Etemad, Hamid J Int Entrep Article A set of diverse, evolving, and interactive forces are strengthening trends toward the digitization of firms business models and operations at a relatively fast pace and are affecting firms’ operations at relatively micro levels. They are also changing the ecosystems at the macro level through rapid digitization, augmented by the forces of change in the environment, including the progressive developments in communication and information technology and the rapid development of artificial intelligence (AI), www3.0, and I 4.0 amongst others. A review of the change and the evolutionary trends in the past 2 decades is highlighted to enable a discussion and characterization of the rapidly dominating digital ecosystems and their impacts on firms, especially iSMEs. This article examines the entrepreneurial digital ecosystem (EDE) to bring it within our theoretical and iSMEs’ easy operational reach with a few brief case-study examples of multi-sided online platforms and their increasingly disruptive impacts so far. Four schematic presentations portray the involved processes and are presented in Figs 1, 2, 3a and 3b; a comparative analysis of the top online multi-sided platform is presented in Table 1. They are operating within the macro entrepreneurial digital ecosystem, while modifying their own micro dimensions to their advantage and affecting the macro EDE. For ease of adoption and operationalization, the principal operating characteristics of a typical macro entrepreneurial digital ecosystem, each representing a distinct strategic function, are identified and re-articulated for SMEs’ and internationalized SMEs’ (iSMEs) ease of access and use for building their own corresponding micro EDE operations in order to exploit its advantages and avoid its emerging potential hazards.  Springer US 2023-05-15 2023 /pmc/articles/PMC10183682/ http://dx.doi.org/10.1007/s10843-023-00331-8 Text en © The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature 2023. Springer Nature or its licensor (e.g. a society or other partner) holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law. This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic.
spellingShingle Article
Etemad, Hamid
The increasing prevalence of multi-sided online platforms and their influence on international entrepreneurship: The rapid transformation of entrepreneurial digital ecosystems
title The increasing prevalence of multi-sided online platforms and their influence on international entrepreneurship: The rapid transformation of entrepreneurial digital ecosystems
title_full The increasing prevalence of multi-sided online platforms and their influence on international entrepreneurship: The rapid transformation of entrepreneurial digital ecosystems
title_fullStr The increasing prevalence of multi-sided online platforms and their influence on international entrepreneurship: The rapid transformation of entrepreneurial digital ecosystems
title_full_unstemmed The increasing prevalence of multi-sided online platforms and their influence on international entrepreneurship: The rapid transformation of entrepreneurial digital ecosystems
title_short The increasing prevalence of multi-sided online platforms and their influence on international entrepreneurship: The rapid transformation of entrepreneurial digital ecosystems
title_sort increasing prevalence of multi-sided online platforms and their influence on international entrepreneurship: the rapid transformation of entrepreneurial digital ecosystems
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10183682/
http://dx.doi.org/10.1007/s10843-023-00331-8
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