Computational entrepreneurship: from economic complexities to interdisciplinary research

  • Released On
    Wednesday, 27 February 2019
  • Author(s)
  • DOI
    http://dx.doi.org/10.21511/ppm.17(1).2019.11
  • Article Info
    Volume 17 2019, Issue #1, pp. 117-129
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    7 articles
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The development of technology is unbelievably rapid. From limited local networks to high speed Internet, from crude computing machines to powerful semi-conductors, the world had changed drastically compared to just a few decades ago. In the constantly renewing process of adapting to such an unnaturally high-entropy setting, innovations as well as entirely new concepts, were often born. In the business world, one such phenomenon was the creation of a new type of entrepreneurship. This paper proposes a new academic discipline of computational entrepreneurship, which centers on: (i) an exponentially growing (and less expensive) computing power, to the extent that almost everybody in a modern society can own and use that; (ii) omnipresent high-speed Internet connectivity, wired or wireless, representing our modern day’s economic connectomics; (iii) growing concern of exploiting “serendipity” for a strategic commercial advantage; and (iv) growing capabilities of lay people in performing calculations for their informed decisions in taking fast-moving entrepreneurial opportunities. Computational entrepreneurship has slowly become a new mode of operation for business ventures and will likely bring the academic discipline of entrepreneurship back to mainstream economics.

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    • Figure 1. The massive connectivity of computational entrepreneurship
    • Figure 2. The calculation of an entrepreneur in computational entrepreneurship
    • Figure 3. Map of Vietnamese and international collaborations in entrepreneurship research, 2008–2018