Entrepreneurship in the Digital and Industry 4.0 Age: A semi-systematic literature review

Abstract

Industry 4.0 and digitalization are changing the business world. While companies are optimizing their processes and adapting to the new market conditions, some entrepreneurs are pushing the boundaries by creating new organizations that are capitalizing on the digital environment or even building the technologies behind it, achieving fast, impressive results. The paper is concerned with characterizing the Romanian entrepreneurship within the digitalization and Industry 4.0 context, through the means of a semi-systematic literature review of articles and conference proceedings published within last five years, indexed in the Thomson Reuters Web of Science (WoS) Core Collection database. Manual filtering, categorization and synthesis of the relevant articles were used along with co-occurrence networks built in VOSviewer. The main directions were discovered to be in six areas on the use of technology in business and two areas which were also particularly related to entrepreneurship education.

The Role of Business Students’ Entrepreneurial Intention and Technology Preparedness in the Digital Age

“…In addition to technology and business innovation strategy awareness, when considering the entrepreneurial dimension, higher education in the fields of entrepreneurship and technology entrepreneurship manifests inefficiencies, requiring novel approaches (Biclesanu and Dima 2021). For example, based on the Souitaris et al (2007) entrepreneurial learning scale and Béchard and Grégoire's (2006) teaching models, a link was found between the way entrepreneurship is taught and entrepreneurial learning outcomes, with teaching models that include experiential-based learning (e.g., labs, simulations) being superior to traditional knowledge transmission models (Cascavilla et al 2022).…”