digital-entrepreneurship

Vocabulary Word

Definition

'Digital-entrepreneurship' is about combining new technology to create a business model. It could be a mobile app, an e-commerce platform, or a digital marketing agency. You use digital tools to operate and grow your business.

Examples in Different Contexts

Within the context of innovation, 'digital entrepreneurship' focuses on leveraging digital technology to create new business models. An innovation consultant might observe, 'Digital entrepreneurship is at the forefront of economic innovation, disrupting traditional industries with new digital solutions.'

Practice Scenarios

Business

Scenario:

Our plan to digitize operations is in full swing. We're exploring using technology to improve customer experience.

Response:

That's a great idea, adapting to digital entrepreneurship can open new opportunities for us.

Creative

Scenario:

We are considering ways to expand our creative agency to provide clients with a comprehensive digital marketing solution. We need to make our services more diverse and digitally oriented.

Response:

Absolutely, digital entrepreneurship will help our agency pivot to a full-stack digital solutions provider.