The Impact of Digitalisation and Entrepreneurial Networks on Business Strategy Development— a media richness theory approach

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dc.contributor.authorOrrensalo, Thao
dc.contributor.authorGhorbanian Zolbin, Maedeh
dc.contributor.authorNikou, Shahrokh
dc.date.accessioned2021-12-24T18:09:47Z
dc.date.available2021-12-24T18:09:47Z
dc.date.issued2022-01-04
dc.description.abstractIn the digital-based economy, digitalisation, entrepreneurial networks, and business strategy are three important interdependent components of the entrepreneurship process. Accurate, reliable, and timely information is also vital to the effective decision-making of entrepreneurs. Often, owing to limitations in their resources and capabilities, entrepreneurs rely on their entrepreneurial networks to satisfy their information need. The core objective of this paper is to examine the use of information in business strategy development and assess the role of entrepreneurial networks as information sources. The theoretical lens used in this narrative literature review is media richness theory. The findings of this paper show that entrepreneurial networks significantly influence entrepreneurial success and survival and that access to accurate and timely information enhances business strategy development.
dc.format.extent10 pages
dc.identifier.doi10.24251/HICSS.2022.670
dc.identifier.isbn978-0-9981331-5-7
dc.identifier.urihttp://hdl.handle.net/10125/80008
dc.language.isoeng
dc.relation.ispartofProceedings of the 55th Hawaii International Conference on System Sciences
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectKnowledge Flow, Transfer, Sharing, and Exchange
dc.subjectdigitalisation
dc.subjectentrepreneurial networks
dc.subjectentrepreneurship
dc.subjectinformation
dc.subjectmedia rich theory
dc.titleThe Impact of Digitalisation and Entrepreneurial Networks on Business Strategy Development— a media richness theory approach
dc.type.dcmitext

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