Digital Transformation and Social Trends in Entrepreneurship: A Qualitative Analysis in Techno-Social Context

Abstract

Entrepreneurship development is experiencing a dynamic transformation driven by various emerging trends. These trends are reshaping the landscape of business creation, innovation, and growth. Key among these trends is the rise of digital entrepreneurship, fuelled by advances in technology. These technologies are enabling new business models and disrupting traditional industries. The growing importance of social entrepreneurship highlights a shift towards businesses that prioritize social impact alongside profit. This trend is particularly significant among younger entrepreneurs who are increasingly focused on sustainability and addressing global challenges. Crowdfunding platforms and venture capital firms are providing more inclusive opportunities for diverse entrepreneurs to obtain financial backing. Globalization is also playing a critical role, as entrepreneurs are leveraging global markets and supply chains, facilitated by digital platforms that enable cross-border trade and collaboration. The paper elaborates and highlights the Emerging Trends of Entrepreneurship Development in terms of Leadership, Digitalisation and Social Entrepreneurship.