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Chapter 11: What is E-Entrepreneurship? Fundamentals of Company Founding in the Net Economy
11 What is e-entrepreneurship? Fundamentals of company founding in the net economy Tobias Kollmann Over recent years internal and external information and communication processes at enterprises across almost every industry sector have been increasingly supported by electronic information technologies. The fundamental advantages of technologies such as these (for example, the Internet), especially in regard to their eﬃciency and eﬀectiveness, ensure that this trend continues into the future. The constant and rapid development of technology in the accompanying net economy has inevitably had a signiﬁcant inﬂuence on various possibilities for developing innovative business concepts based on electronic information and communication networks and realizing these by establishing a new company (hence e-ventures). Against this background the term ‘e-entrepreneurship’ describes the act of establishing new companies speciﬁcally in the net economy (Matlay, 2004). The expansion of the classical use of the term ‘entrepreneurship’ raises, however, several questions that will be answered by this chapter. Which environment and which possibilities does the net economy oﬀer for new and innovative entrepreneurial activities? What is diﬀerent or what unusual features can be found in establishing companies in the net economy? What are the building blocks and phases of development involved in setting up a company in the net economy? Answering these questions should help to deﬁne clearly the area of ‘e-entrepreneurship’ and the proof should be provided that this is worthy of special consideration in the context of research on entrepreneurship. 1 The Net Economy The basis of...
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