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Internet Entrepreneurship: An Impact of Internet on Business

Ms. Anjali Soni

First Published August 16,2013

Authors
  1. Ms. Anjali Soni
Affiliation
  • Assistant Professor S.S. JainSubodh P.G. College Jaipur
Abstract
In today’s environment where every field has a pervasive effect of the internet, field of entrepreneurship is also considerable. Entrepreneurship is an art of taking risk i.e. it is all about taking the first step and implementing innovative ideas in business. In contrast to business system in the specific locality these specialized digitally-relevant systems works worldwide. It is widely accepted that the usage of the Internet is of a competitive necessity for survival of firms. Even though the usage of internet is giving better outcome in business, there is a scope of improvement in the field internet entrepreneurship. A lot of research work is being going on for finding out the major factors affecting the internet entrepreneurship to enhance the performance. The majority of small business entrepreneurs are aware of and adapting to the digital world, they have the ideas to experiment with risk and expect the good outcome. The use of internet in this business approach can prove to be economical and efficient without the need of much investment and with lesser risk. An extensive analysis suggests that the decision to create a new venture is influenced by a number of variables that are examined in this paper. The focus has been given on some key areas where entrepreneurship can be effectively applied, which may include CPA, e-Commerce, creation of own product etc. An emphasis has been put on to find out the factors and the drawbacks that affect the entrepreneurship. Factors such as culture, environment, political factors, human nature etc. may help in better decisive power for building effective internet applications. It focuses on sets of regulatory choices that must be made while establishing a digitized business. At the end of the paper, some key ideas have been suggested by which business methods can be improved so that the chances of failures would be reduced. Some areas have also been suggested in this paper which can be considered as good decisive areas for investment in internet entrepreneurship in India
Keywords

Entrepreneurship, Internet , marketing , , internet tax

References
  1. http://ebooks.iaccp.org/ongoing_themes/chapters/riyanti/riyanti.php?file=riyanti &output= screenslide 3 of 5.
  2. http://www.majon.com/blog/internet-marketing/2010/11/internet-marketing-advantages-and-disadvantages/
  3. http://www.turboonlinebusiness.com/turboblog/business-start-up/20-key-markets-for-the-teenage-internet-entrepreneur.html
  4. http://smallbusiness.chron.com/advantages-using-internet-business-320.html
  5. http://www.ehow.com/list_6786142_ entrepreneur- ideas-indian-market.html
  6. http://www.freepatentsonline.com/article/Entrepreneurial-Executive/179817801.html
  7. http://www.internetbusiness-entrepreneur. com/success-stories.html
  8. Kamaruzzaman et al. (2008) Report on “Factors Influencing Entrepreneurship Development in Barisal Metropolitan City: Problems and Prospect”.
  9. http://www.sciencedirect.com/science/article/pii/S0736585301000181
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