Recent trends in Entrepreneurship and Innovations

Abstract

Modern tendencies in entrepreneurship and innovation are marked by the high rate of technological progress, changes in customers’ needs and wants, and new forms of organizational structures. The advancement in technology specifically in the digital platform, artificial intelligence, and blockchain technology has transformed industries and given the opportunity for the entrepreneurs to develop new solutions at a faster pace and with better reach. Today, more and more start-ups use agile approaches and lean start-up practices, which enable them to build and test the products in a shorter time. The same global trend has also impacted the entrepreneurial initiatives, with green technologies, circular economy business, and environmentally friendly products.