Question

What forms of local and global entrepreneurship have arisen in the wake of increased Internet connectivity in emerging markets? When answering, analyze the forms arised in different sectors such as health, communication, transport etc., providing examples.

Answer 1

Advanced digitization a, development in technologies ,increased connectivity of internet have given rise to new types of entrepreneurial activities in the emerging economies.The advances in information and communication have also given rise to new entrepreneurial activities.One such newly emerged entrepreneurship is Digital Entrepreneurship. It is defined as the emergence of new business opportunities due to the advancements in internet ,ICT etc.Digital entrepreneurship can be used by both the advanced industrial firms and local firms.The different types of digital entrepreneurial activities include online accounting,artificial intelligence softwares ,travel or recruitment agencies etc.
The health sector has improvised both globally and locally and have also introduced many new digital entrepreneurship in health sector. Recovery brands is one such entrepreneurship in the health sector which provide consumers addiction treatment online and provides treatment for alcohol addiction. Another example is HCI active provides advanced treatments and health facilities .New entrepreneurial activities have emerged in the transport sector also.One such example is adding smart sensors to the cars and these sensors are connected to the mobile or internet .Connected cars will help the car owners specific information about their cars which wouldn't have been possible without the emergence of these smart cars .The emergence of the digital entrepreneurship have brought in new opportunities in various sectors of economy