The Role of Entrepreneurial Agility in Digital Entrepreneurship and Creating Value in Response to Digital Disruption in the Newspaper Industry

Jahangir Karimi,Zhiping Walter

doi:10.3390/su13052741

Jahangir Karimi, Zhiping Walter

Open Access

https://doi.org/10.3390/su13052741

Copy DOI

Abstract

Recently, digitization has fundamentally changed and disrupted the dynamics of the economy, society, and markets. This study integrates existing strategic entrepreneurship and business model concepts and constructs with a digital platform-related perspective by focusing on the cognitive aspects of strategic entrepreneurship decision-making and clarifying the conceptual foundation of entrepreneurial agility and its dimensions. It investigates how entrepreneurial agility can combine or integrate opportunity- and advantage-seeking behaviors for product and business model innovation to pursue digital entrepreneurship, to foster sustainable processes and practices, and to create value in response to digital disruption. It finds that entrepreneurial agility directly impacts building digital platform capabilities for product and business model innovation and that building digital platform capabilities indirectly influence creating value through business model innovation adoption. This study discusses the theoretical and managerial implications for digital entrepreneurship research in detail by identifying and testing the relationships among these constructs.

Highlights

Digitization has influenced the restructuring of the economy, society, and culture through digital media, technologies, and platforms [1,2,3,4,5]
According to the strategic entrepreneurship (SE) theoretical framework discussed above, our research model in Figure 1 shows the hypothesized relationships among entrepreneurial agility (ENTAG), business model innovation adoption, building digital platform capabilities for digital entrepreneurship, and creating value
We found that building digital platform capabilities directly impacts business model innovation adoption (BMIA) (H4 ), and that the effect of building digital platform capabilities on creating value, as reflected in business model performance, is achieved only through BMIA (H5 )

Summary

Introduction

Digitization has influenced the restructuring of the economy, society, and culture through digital media, technologies, and platforms [1,2,3,4,5]. It presents significant threats and opportunities to all businesses by altering the structure of competition and industries, conduct of business, customer engagement, and, business performance [3,7,8,9,10]. It fundamentally disrupts markets’ dynamics by changing the way customers experience, discover, explore, buy, and engage with products and services [3,11,12]. The impact of digital transformation extends beyond business; it shapes beliefs about environmental sustainability, enables sustainable processes and practices, and improves economic

Methods

Findings

Discussion

Conclusion