Entrepreneurship and innovation based on Internet

Jan Polowczyk

Abstract

The basic purpose of the article is to present the new evolutionary trends regarding entrepreneurship and innovation in the Internet age. Evolution is a general-purpose algorithm for finding innovative solutions to complex problems. It is a learning algorithm that adapts to changing environments and accumulates knowledge over time. New companies, like Facebook, Uber, or Airbnb, are good examples of evolutionary paradigm in business of the Internet age. The article consists of four sections. In the first principles of evolutionary paradigm have been presented. The second section describes new trends and business models possible in Internet environment. In the third section coopetition based on sharing with competitors is presented. The fourth section discusses how contemporary companies use Internet for value creation.
Author Jan Polowczyk (WGM / KKM)
Jan Polowczyk,,
- Department of International Competitiveness
Other language title versionsPidpryyemnytstvo ta Innovatsiyni Zasoby na Interneti
Journal seriesVisnik Mariupolskij Universitet. Seria Ekonomika, ISSN 2518-1394, e-ISSN 2226-2822, (0 pkt)
Issue year2017
No13
Pages107-112
Publication size in sheets0.5
Keywords in Englishentrepreneurship, innovation, value creation, Internet, business model, Moore’s law, Kurzweil’s law
URL http://visnyk-ekonomics.mdu.in.ua/uk/visnik-13.pdf
Languageen angielski
Score (nominal)5
Score sourcejournalList
ScoreMinisterial score = 5.0, 25-03-2020, ArticleFromJournal
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