Exploration of the Deep Impact of Digital Platforms on Innovation and Entrepreneurship Activities of Entrepreneurs under the Information Management Framework

Fanbao Xie, Xin Guan, Xiaoyan Peng (), Caimeng Wang, Yanzhao Zeng, Zeyu Wang and Rong Bai
Additional contact information
Fanbao Xie: School of History and Public Administration, Yancheng Teachers University, Yancheng 224007, China
Xin Guan: Guangzhou Xinhua University, Dongguan 523133, China
Xiaoyan Peng: School of Government, Sun Yat-sen University, Guangzhou 510275, China
Caimeng Wang: School of Management, Guangzhou University, Guangzhou 510006, China
Yanzhao Zeng: School of Economics and Statistics, Guangzhou University, Guangzhou 510006, China
Zeyu Wang: School of Public Administration, Guangzhou University, Guangzhou 510006, China
Rong Bai: Social Sciences Division, University of Chicago, Chicago, IL 60637, USA

Sustainability, 2024, vol. 16, issue 10, 1-19

Abstract: With the rapid development of information technology, digital platforms (DPs) have emerged as an indispensable aspect of the entrepreneurial landscape, which has a profound impact on entrepreneurial innovation and practice. However, there remains a gap in understanding the specific ways in which DPs influence the entrepreneurial process. Therefore, within the framework of information management theory, this study aims to deepen the understanding of how DPs foster entrepreneurial innovation and enhance entrepreneurial effectiveness, thereby enhancing the overall efficiency of DPs. Firstly, the concept of information management in contemporary social enterprise management is thoroughly examined and reviewed to establish a robust theoretical foundation for further research. Secondly, the conceptual framework and core elements of DPs are extensively discussed, elucidating their role and function in the entrepreneurial process. On this basis, a theoretical model illustrating the impact of DPs on entrepreneurial innovation and activities is formulated, along with six specific research hypotheses. These hypotheses encompass the effects of DPs on entrepreneur behavior, enterprise development, and the platform–entrepreneur relationship. To verify the validity of these hypotheses, a questionnaire survey involving 398 entrepreneurs is conducted to facilitate in-depth communication. Simultaneously, the various attributes of entrepreneurs are categorized, and the resulting classifications are thoroughly analyzed and evaluated. The results show that the DP plays a positive role in promoting the development of platform enterprises, improving intrapreneurship activities, and enhancing the ability of intrapreneurship. In addition, DPs can effectively regulate the relationship between platform enterprises and entrepreneurs and promote the self-development of entrepreneurs. Furthermore, the entrepreneurial growth process has positively influenced platform enterprises. This finding strongly supports the practical application of DPs and provides valuable guidance for entrepreneurs to leverage them effectively in fostering innovation and entrepreneurial activities in the digital era. Meanwhile, this offers crucial insights for platform enterprises on enhancing their service offerings to entrepreneurs and fostering the sustainable development of the entrepreneurial ecosystem. In summary, through rigorous theoretical discourse and empirical analysis, this study emphasizes the significant role of DPs in the entrepreneurial journey, providing robust backing for their continued advancement and utilization in the entrepreneurial realm.

Keywords: digital platform; entrepreneurial field; enterprise management; information management; entrepreneurial innovation (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2071-1050/16/10/3919/pdf (application/pdf)
https://www.mdpi.com/2071-1050/16/10/3919/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:16:y:2024:i:10:p:3919-:d:1390055

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().