Entrepreneurship and big data : the digital revolution / edited by Meghna Chhabra, Rohail Hassan, and Amjad Shamim.

Format:

Book

Contributor:

Chhabra, Meghna, editor.

Hassan, Rohail, editor.

Shamim, Amjad, editor.

Series:

Big Data for Industry 4. 0

Language:

English

Subjects (All):

Entrepreneurship.

Big data.

Physical Description:

1 online resource (301 pages)

Edition:

First edition.

Place of Publication:

Boca Raton, FL : CRC Press, [2022]

Summary:

"The digital age has transformed business opportunities and strategies in a resolutely practical and data-driven project universe. This book is a comprehensive and analytical source on entrepreneurship and big data that prospective entrepreneurs must know before embarking upon an entrepreneurial journey in this present age of digital transformation. The book provides an overview of the various aspects of entrepreneurship, function, and contemporary forms. It covers a real-world understanding of how the entrepreneurial world works and the required new analytics thinking and computational skills. The book also encompasses the essential elements needed when starting an entrepreneurial journal and offers inspirational case studies from key industry leaders. Ideal reading for aspiring entrepreneurs, this book is also useful to students, academicians, researchers, and practitioners"-- Provided by publisher.

Contents:

Cover

Half Title

Series Page

Title Page

Copyright Page

Table of Contents

Preface

Editor Biographies

Contributors

Chapter 1: Ecosystem for Entrepreneurship in a Big Data-Driven Universe

Introduction

Role of Big Data

Emerging Technologies

Research Methodology

Proposed Framework

Identifying Challenges

Conclusion

References

Chapter 2: The Application and Influence of Industrial Internet of Things, Big Data, and Analytics Towards Sustainable Value Creation

Literature Review

Sustainable Value Creation

Industrial Internet of Things (IIoT)

Big Data and Analytics Infrastructure

The Proposed Sustainable Value Creation Framework

Resource

Capability

Competitive Advantage

Chapter 3: Robotic Process Automation (RPA) in Global Business Services (GBS): New Insights for Entrepreneurs

Global Business Services - the New Way of Business

Robotic Process Automation (RPA) - an Introduction

Blockchain

Artificial Intelligence

Virtual Agent

Cybersecurity

Robotic Process Automation

Feasibility of RPA in Supporting Management Functions

Implementation Pathways of RPA in the Organization

Establishing Strategic Goals

Critical Process Assessment

Tactical Evaluation

The RPA Maturity Model

Level 1 Pilot

Level 2 Ramp Up

Level 3 Operations at Scale

Level 4 World Class

Challenges of RPA Implementation

Morale Impact on Employees

High Cost of Robot Maintenance

Limitation of RPA

Chapter 4: Social Entrepreneurship in an Era of Disruption: Converging Social Change and Sustainability Through Big Data Analysis in a Post-COVID World

Introduction: Nature and Essence of Social Entrepreneurship and Its Variants

Big Data Leveraging Social Entrepreneurial Mechanisms.

Current Trends and Futuristic Endeavors of Leveraging Big Data Towards Viable Social and Business Paradigms

Social Entrepreneurship in the COVID-19 Era: Extrapolating Models/Interventions From Past and Present

Monetizing Social Value Creation Through Data: Yunus Social Business Model

Initiatives and Associated Dimensions of Disruption, Data, and Social Innovation

Big Data Analytics and Innovation: Amazon Business Model and Social Cause Alignment

Implications and Challenges Associated with Viable Business Propositions, in Social Entrepreneurial Perspective

Bibliography

Chapter 5: Big Data: A Boon for Food and Servicepreneurship

Raw Data to Information: An Absolute Transformation

Evolution of Big Data Since Ancient Times

Categorization of Big Data in the Form of Four V's

Development of Framework of Big Data: A Review

Methodology

Augmentation of Internet Users (1995-2020)

Big Data Revenue Forecast

Big Data Applications into the Various Domains of Service Sectors

Role of Big Data in Weather Predication

Role of Big Data in Social Media

Role of Big Data in Healthcare

Role of Big Data in the Education Sector

Role of Big Data in Logistics

Role of Big Data in Travel and Tourism

Role of Big Data in Government and Law Enforcement

Big Data Applications in Food and Agripreneurship: A Future of Farming

Changing the Face of Farming Through Automation

Challenges Before Agripreneurship

Chapter 6: Adoption of Big Data in Agripreneurship: A Panacea to the Global Food Challenge

The Concept of Big Data

Definition of Big Data

Big Data Applications in Agriculture

Agripreneurship and Big Data in Malaysia

Challenges of Big Data Among Agripreneurs

Acknowledgments

References.

Chapter 7: Anticipating and Avoiding the Pitfalls that Can Sink a Startup

Valuable Lessons from Successful Startups

Cockroach Labs

Okera Inc.

Cazoo Limited

Observe.AI

Get the Basics Right for a Successful Startup

Understanding Unit Economics

What Is CAC?

What Is Churn Rate?

What Is LTV?

LTV to CAC Ratio

The Payback Period on CAC

How Unit Economics Helps You Remain Sustainable and Profitable

Understanding Customer Satisfaction Metrics

What Is CSAT?

What Is NPS?

Key Financial Metrics

Burn Rate

Cost of Human Capital

Annual Recurring Revenue

Inventories

Summary

Chapter 8: The Influential Role of Breakthrough Strategies of the Family Business and Its Implication in Entrepreneurship

Background

TEAM Work

Goal and Accomplishment

Learning Process

Nothing Worth Having Comes Easy

Education Plays a Key Role

Setting a Goal

Dream Big, Start Small, Act Now

Introduction of Pitambari Powder

The Ladder of Success Is Never Crowded at the Top

At First, They Will Ask, Why Are You Doing It? Later They Will Ask, How Did You Do It?

Big Data

Positive Reinforcement

Installation of RFID

Finding a Solution

Primary Source

Secondary Sources

Other References

Chapter 9: Crucial Factors for Successful Entrepreneurial Start-ups

Entrepreneur

Entrepreneurial Competencies

Strategic Competency

Personal Competency

Conceptual Competency

Ethical Competency

Opportunity Competency

Learning Competency

Familism

Entrepreneurial Innovativeness

Network Competence

Environmental Turbulence

Government Support

Business Success

Theories to Support Research Work

Survey: an Illustration

Demographic and Descriptive Data.

Discussion on Descriptive Statistics

Inferential Statistics

Importance Performance Map Analysis (IPMA)

Theoretical and Practical Contribution

Limitations

Future Commendations

Chapter 10: Social Entrepreneurship

Comparison of Social Entrepreneurships with Commercial Entrepreneurships

Similarities Between Commercial Entrepreneurship and Social Entrepreneurship

Entrepreneurial Process

Impact-Oriented Mindset

Difference Between the Two Types of Entrepreneurship

Mission-Driven and Revenue-Driven

Measurement of Outcomes

Different Approach to Entrepreneurship

Models of Social Entrepreneurship

Support to Entrepreneurs

Providing Intermediary or Linkage to the Market

Employing the Economically Poor, Marginalized Communities

The Beneficiary Population as Customers

The Co-operative Model of Social Entrepreneurship

Model of Support or Subsidy

Measuring Social Impact

Importance of Measuring the Social Impact

Key Challenges in Measuring Social Impact

Lack of Maturity in the Measurement of Impact

No Consensus on the Usage of Cost-Related Impact Data

Methodology to Measure Social Impact

Defining the Social Value Proposition (SVP)

Quantify the Venture's Social Value

Monetize the Social Value

Conclusion and Discussion

Chapter 11: Terracotta Pottery Catastrophe: Survival Issues and the Road Ahead for Sustainable Enterprise

Objectives

Data Collection and Sampling Design

ISM Methodology

Results and Discussion

MICMAC Analysis

Formation of the ISM model (Diagraph) and Interpretations

Experiences of the Entrepreneurs

Entrepreneur 1

Entrepreneur 2

Entrepreneur 3

Entrepreneur 4

Acknowledgment

Notes

Chapter 12: Social Sustainability Through Women Entrepreneurs in India: A Case of Inclusion and Development Through Small Organizations

Women Entrepreneurship in India

Women Entrepreneurs

Social Sustainability and GRI

Discussion

Limitations of Research

Chapter 13: Leveraging on Demographics Insights of Online Shoppers for Netpreneurs

Method

Data Collection and Analysis

Findings and Discussion

Respondent Profile

Nonparametric Test Analysis Results

Gender-Wise Significant Differences

Age-wise Significant Differences

Recommendations and Managerial Implications

Ease of Transaction Related

Trust Related

Subjective Norms Related

Chapter 14: Study on the Effectiveness of Social Networks in Persuading Entrepreneurial Initiatives with Reference to College Students in Chennai

Review of Literature

Hypotheses

Conceptual Framework

Entrepreneurial Potential Model (EPM)

Technology Acceptance Model (TAM)

Techno Entrepreneurial Model (TEM)

Research Model

Analysis and Interpretations

General Findings

Percentage Analysis

Structural Equation Model

Measurement Development

Descriptive Statistics Correlation and Reliability Coefficient

Confirmatory Factor Analysis (CFA)

Model Validity

Implications of the Study

Suggestions

Chapter 15: Curbing Inconsistencies Through Financial Bootstrapping: Study of Indian Startups Ecosystem

Bootstrapping Finance

Bootstrapping Techniques

Need and Objectives

Result and Discussion

Advanced States.

Intermediate States.

Notes:

Includes index.

Description based on print version record.

ISBN:

1-00-309794-4

1-000-45569-6

1-003-09794-4

1-000-45570-X

9781003097945

OCLC:

1263026967