Digital Entrepreneurship

Digital technologies are the basis for entrepreneurship and innovation beyond traditional industry boundaries, spanning networks, ecosystems and communities. The IT Entrepreneurship Research Group, led by Prof. Katharina Hölzle, is investigating the role of digital technology as a driver of business models, a mechanism for collaboration, and business outcomes. Models and methods are being developed to create entrepreneurial organizations that redefine traditional industries and stimulate economic development.

Principles of Digital Entrepreneurship Research

What is characteristic of the scientific approach?
The scientific approach collects objective evidence and makes verifiable claims.

What do scientists and entrepreneurs have in common?
Scientists as well as entrepreneurs are encouraged to take risks.

What distinguishes entrepreneurship from other knowledge-intensive fields such as medicine?
Entrepreneurs never base their decisions on evidence, unlike evidence-based disciplines such as medicine.

Speaking of entrepreneurship, what does TIME mean?
Technology and innovation management and entrepreneurship.

What is the main mode of communication of entrepreneurial research results?
Peer-reviewed, periodic journals and scientific conferences.

What is the purpose of an abstract in a scientific article?
Help the reader know if the article contains the information he or she is looking for.

What are the typical steps in the research process?
Motivation, Research strategy, Data mining, Analysis, Reporting

What empirical research can be identified?
Qualitative and quantitative plans

What is the typical research approach for an empirical-qualitative research design?
Topical research

What are two important criteria for assessing the quality of a scientific article?
Rigorousness and relevance

Entrepreneurial Process

How would you describe the entrepreneurial process?

The entrepreneurial process is similar to innovation and/or business development processes.

The entrepreneurial process is an iterative, breathing process changing between divergence and convergence.

Which parts does the entrepreneurial process consist of?

The entrepreneurial process consists of three main parts: opportunity detection, problem-solution fit, and solution-market fit.

The entrepreneurial process consists of elements from foresight, design thinking, and agile product development.

Which aspects are important when thinking about entrepreneurial action?

For entrepreneurial action, individual attributes, the entrepreneurial opportunity, and the ecosystem need to be considered.

Opportunity recognition is an important step in the process of entrepreneurial action.

The IT Entrepreneurship Research Group, led by Prof. Katharina Hölzle

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