Entrepreneurship and Innovation Through E-Partnering

Entrepreneurship and Innovation Through E-Partnering

Fang Zhao (RMIT, Australia)
Copyright: © 2006 |Pages: 30
DOI: 10.4018/978-1-59140-788-1.ch007
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Abstract

The dotcom crash and the following 3-year economic downturn saw hundreds of Internet startups closed down or sold. However, many of the innovations and technologies created by them “live on and play important roles in the future either via acquisitions, in new startups, or through copycatting by the industry’s giants” (Hamm, 2003, p. 52). Blogger.com was a troubled startup that hosted 200,000 Web logs, personal Web sites where people could share insights and Web links with all comers. It was bought by Google in 2003 and has since become part of Google’s information storehouse. Another example was Liquid Audio, a digital music pioneer subsequently acquired by Anderson Merchandisers, a major distributor of music CDs, to help create profitable online music distribution. Despite the many failures caused by the dotcom crash, it presented new challenges as well as new opportunities to entrepreneurs of e-business. This author argues that a combination of entrepreneurship and innovation will be a crucial factor to the long-term sustainability of e-commerce and e-businesses. In this frenetically changing competitive landscape, e-entrepreneurship and e-innovation enable organizations to gain competitive advantage and hold the key to their e-business success. For the purposes of this book, e-entrepreneurship and e-innovation refer broadly to entrepreneurship and innovation in the context of e-business activities and operations. The fast growth and business success of companies such as eBay, Amazon.com, travel.com and priceline.com, along with the bankruptcy of numerous dotcom firms worldwide in 2000, hold potent management implications for IT innovation and entrepreneurial organizations worldwide. As such, e-entrepreneurship and e-innovation have become emerging disciplines for proactively responding to changes in the e-business world. As an integral part of e-commerce and e-business, e-partnership directly derives benefit from e-entrepreneurship and e-innovation, yet equally, is often the means to achieve the outcomes of the two. This chapter seeks to explore the thrust of entrepreneurship and innovation and their implications for e-business and e-partnership success from an integrative perspective of entrepreneurship and innovation. The chapter focuses on the role of e-partnerships in maximizing the value of entrepreneurship and innovation.

Complete Chapter List

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Dedication
Table of Contents
Acknowledgments
Chapter 1
Fang Zhao
In the past decade, many significant changes have affected the business environment, including globalization of economies, the fast growth of... Sample PDF
Overview of E-Partnerships: Definitions and Patterns
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Chapter 2
Fang Zhao
In today’s business world, most companies operate within an integrated system, or a network of organizations of upstream suppliers and downstream... Sample PDF
E-Business Supply Chains and E-Partnerships
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Chapter 3
Fang Zhao
Now that the Internet bubble has seemingly burst, the days are gone when anyone with Internet and IT knowledge can run a successful e-business. Like... Sample PDF
E-Partnership Strategy and Structure
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Chapter 4
Fang Zhao
As discussed in the previous chapters, e-partnerships have a number of advantages and benefits that can help organizations sustain and achieve their... Sample PDF
Technological Challenges and Issues Facing E-Partnerships
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Chapter 5
Fang Zhao
Today, partnerships and alliances have proliferated and become a key corporate strategy to gain competitive advantage. However, studies show that... Sample PDF
How to Make E-Partnerships Work: Human and Cultural
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Chapter 6
Fang Zhao
The previous chapters have included a comprehensive discussion of general issues concerning e-partnership management from both technology and people... Sample PDF
Successes and Failures in E-Partnering: Multiple Case Studies
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Chapter 7
Fang Zhao
The dotcom crash and the following 3-year economic downturn saw hundreds of Internet startups closed down or sold. However, many of the innovations... Sample PDF
Entrepreneurship and Innovation Through E-Partnering
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Chapter 8
Fang Zhao
The ongoing success of e-partnership requires the constant monitoring and measuring of its progress and outcomes. Many companies rushed into... Sample PDF
A Balanced Scorecard Approach to Monitoring and Evaluating E-Partnerships
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Chapter 9
Fang Zhao
As demonstrated in this book, e-partnerships have significantly improved the efficiency of e-businesses and the supply chain. The collaboration... Sample PDF
The Future of E-Business and E-Partnerships
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Appendices
About the Author