Contemporary Issue of Entrepreneurship:Disruptive Technologies Report 2022

Contemporary Issue of Entrepreneurship:Disruptive Technologies

Executive summary
Entrepreneurship plays a significant role in the growth and development aspect of all countries.
It does not matter how rich is the particular country in terms of material resources if those
resources are not used productively. The prosperity of the nation relies on the effective
utilization of the available resources. This is only feasible by the energetic entrepreneurs who
can contribute productively to the prosperity of their respective countries. One possible solution
is to promote and develop entrepreneurship, as it aims at turning an individual an employment
provider and not a seeker. There are many challenges faced by the entrepreneurs during their
journey of new venture start-up, harvesting of that venture and business management. This report
aims to highlight one selected contemporary issue of entrepreneurship; which is "Disruptive
Technologies". The report discusses how this issue is relevant to entrepreneurs, what kind of
troubles they face in context to this issue, how it potentially impacts the life cycle stage of an
entrepreneurial venture and how it can be addressed by the budding entrepreneurs. The study is
conducted with the help of secondary research where data is collected from past researches such
as peer-reviewed journal articles, proceedings, books and news articles.
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Contents
Executive summary.........................................................................................................................1
Introduction......................................................................................................................................3
Literature review..............................................................................................................................4
Meaning of disruptive technology...............................................................................................4
The relevance of disruptive technologies with entrepreneurs......................................................6
Troubles faced..............................................................................................................................7
Impact of disruptive technologies................................................................................................8
How this issue can be addressed by the entrepreneurs................................................................9
Conclusion.....................................................................................................................................11
References......................................................................................................................................12
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