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3 The Wisdom of Shared Interests: Entrepreneurial Intelligence and Its Development Through Online Maker Communities

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De Gruyter Handbook of Digital Entrepreneurship
This chapter is in the book De Gruyter Handbook of Digital Entrepreneurship

Abstract

A key motivation of the entrepreneurship literature centers around promoting not just more entrepreneurship, but rather more productive forms of entrepreneurship. Recent calls, moreover, seek to coalesce the field around its conceptual core regardless of the manifestation of entrepreneurship under consideration - whether it be new venture creation, intrapreneurship, investment, and so on. Uniting such discussions of entrepreneurship more fully, this chapter recognizes the existence of an innate capability, termed entrepreneurial intelligence, underlying all manifestations and seeks to elaborate on the mechanisms by which it may be practically developed. Using the context of nature versus nurture, we illustrate how entrepreneurial intelligence depends holistically upon both factors within a context of Knightian uncertainty. Furthermore, we look to online maker communities as a contextual setting in which to see a conceptual example of its development in practice, specifically in terms of how such communities tacitly elaborate on the explicit feedback of profit and loss.

Abstract

A key motivation of the entrepreneurship literature centers around promoting not just more entrepreneurship, but rather more productive forms of entrepreneurship. Recent calls, moreover, seek to coalesce the field around its conceptual core regardless of the manifestation of entrepreneurship under consideration - whether it be new venture creation, intrapreneurship, investment, and so on. Uniting such discussions of entrepreneurship more fully, this chapter recognizes the existence of an innate capability, termed entrepreneurial intelligence, underlying all manifestations and seeks to elaborate on the mechanisms by which it may be practically developed. Using the context of nature versus nurture, we illustrate how entrepreneurial intelligence depends holistically upon both factors within a context of Knightian uncertainty. Furthermore, we look to online maker communities as a contextual setting in which to see a conceptual example of its development in practice, specifically in terms of how such communities tacitly elaborate on the explicit feedback of profit and loss.

Chapters in this book

  1. Frontmatter I
  2. Contents VII
  3. List of Contributors XI
  4. Introduction 1
  5. Part 1: Entrepreneurship in the Digital Era
  6. 1 Digital Entrepreneurship and Ideology: The Emerging Value System for Entrepreneuring in the Digital Era 19
  7. 2 Artificial Intelligence and Big Data in Entrepreneurship: A New Era Has Begun 43
  8. 3 The Wisdom of Shared Interests: Entrepreneurial Intelligence and Its Development Through Online Maker Communities 61
  9. Part 2: Innovative Entrepreneurship: Adapting to Industry 4.0
  10. 4 Internet of Things (IoT) and Digital Entrepreneurship 97
  11. 5 Entrepreneurship in the FinTech Sector: An Overview of the State of Research 127
  12. 6 Digitalization of Entrepreneurial Finance in China: A Focus on Policy 145
  13. 7 How Do Users of Digital Technologies Become Digital Entrepreneurs?: A Generativity and Socio-material Perspective 163
  14. Part 3: Digital Entrepreneurship and Ecosystems
  15. 8 What’s Your Platform Type? A Framework for Entrepreneurs 179
  16. 9 How Digital Platforms for Inclusive Microbusiness Can Transform Waste Management Workers’ Lives in India 197
  17. 10 The Performance of Entrepreneurial Ecosystems Through the Lens of Digital Transformation: The Case of Antananarivo 213
  18. 11 Digital Business Incubation: An Avatar for the Twenty-First Century Entrepreneur 235
  19. Part 4: Digital Entrepreneurship and Strategy
  20. 12 Highly Digitalized International New Ventures’ First Export Order and Ongoing Capability Development 249
  21. 13 Leveraging Digitality for SME Internationalization and Business Model Innovation 277
  22. 14 Cognitive Determinants of Firm Innovativeness 301
  23. 15 Growing Up in the Digital Era: Creating Digital Assets by Digital New Ventures 327
  24. 16 Instagram and Emergent Business Models 343
  25. Part 5: Student Entrepreneurship in the Digital Era
  26. 17 The Dynamics of Alumni-Student Interactions via Digital Community Mechanisms in Entrepreneurship Education 371
  27. 18 University Entrepreneurial Ecosystems: Exploring Digitalization in University Incubators 395
  28. 19 Entrepreneurial Education: What Are the Challenges for Teaching and Research in the Light of Crises and Digitisation? 411
  29. List of Figures 421
  30. List of Tables 423
  31. About the Editors 425
  32. Index 427
https://doi.org/10.1515/9783110764222-004

Chapters in this book

  1. Frontmatter I
  2. Contents VII
  3. List of Contributors XI
  4. Introduction 1
  5. Part 1: Entrepreneurship in the Digital Era
  6. 1 Digital Entrepreneurship and Ideology: The Emerging Value System for Entrepreneuring in the Digital Era 19
  7. 2 Artificial Intelligence and Big Data in Entrepreneurship: A New Era Has Begun 43
  8. 3 The Wisdom of Shared Interests: Entrepreneurial Intelligence and Its Development Through Online Maker Communities 61
  9. Part 2: Innovative Entrepreneurship: Adapting to Industry 4.0
  10. 4 Internet of Things (IoT) and Digital Entrepreneurship 97
  11. 5 Entrepreneurship in the FinTech Sector: An Overview of the State of Research 127
  12. 6 Digitalization of Entrepreneurial Finance in China: A Focus on Policy 145
  13. 7 How Do Users of Digital Technologies Become Digital Entrepreneurs?: A Generativity and Socio-material Perspective 163
  14. Part 3: Digital Entrepreneurship and Ecosystems
  15. 8 What’s Your Platform Type? A Framework for Entrepreneurs 179
  16. 9 How Digital Platforms for Inclusive Microbusiness Can Transform Waste Management Workers’ Lives in India 197
  17. 10 The Performance of Entrepreneurial Ecosystems Through the Lens of Digital Transformation: The Case of Antananarivo 213
  18. 11 Digital Business Incubation: An Avatar for the Twenty-First Century Entrepreneur 235
  19. Part 4: Digital Entrepreneurship and Strategy
  20. 12 Highly Digitalized International New Ventures’ First Export Order and Ongoing Capability Development 249
  21. 13 Leveraging Digitality for SME Internationalization and Business Model Innovation 277
  22. 14 Cognitive Determinants of Firm Innovativeness 301
  23. 15 Growing Up in the Digital Era: Creating Digital Assets by Digital New Ventures 327
  24. 16 Instagram and Emergent Business Models 343
  25. Part 5: Student Entrepreneurship in the Digital Era
  26. 17 The Dynamics of Alumni-Student Interactions via Digital Community Mechanisms in Entrepreneurship Education 371
  27. 18 University Entrepreneurial Ecosystems: Exploring Digitalization in University Incubators 395
  28. 19 Entrepreneurial Education: What Are the Challenges for Teaching and Research in the Light of Crises and Digitisation? 411
  29. List of Figures 421
  30. List of Tables 423
  31. About the Editors 425
  32. Index 427
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