Journal of Entrepreneurship Research

Journal of Entrepreneurship Research

Predicting the Development of Digital Entrepreneurship based on Entrepreneurial Leadership: An Assessment of a Conceptual Model in Knowledge-based Firms

Document Type : Research Article

Authors
Hassan Esmailian
Somayeh Ahmadzadeh
Maedeh Bakhshandeh
Department of Management, Faculty of Management and Innovation, Shahid Ashrafi Esfahani University, Isfahan, Iran.
10.22034/jer.2025.2046493.1219
Abstract
Introduction: Digital entrepreneurship in knowledge-based companies serves as the primary driving force for advancing innovative technologies and commercializing knowledge, playing a crucial role in industrial and economic transformation. This form of entrepreneurship not only fosters rapid growth and greater innovation but also leverages advanced technologies to create a sustainable competitive advantage in global markets. By integrating technical knowledge with digital business models, knowledge-based firms can develop innovative products and services. Accordingly, the present study aims to examine the impact of entrepreneurial leadership on the development of digital entrepreneurship, considering the mediating roles of opportunity recognition and entrepreneurial self-efficacy.
Methodology: This research is applied in terms of purpose, employs a descriptive-survey method for data collection, and is field-based in terms of execution. The statistical population consists of employees of knowledge-based companies operating in the information technology sector in Isfahan, totaling 230 individuals. Using a non-random convenience sampling method and based on Morgan’s table, a sample of 140 employees was selected. Given the possibility of non-responses, an electronic questionnaire link was distributed among 160 employees, ultimately resulting in 143 complete responses for analysis. To ensure the reliability and validity of the research instrument, Cronbach’s alpha technique and confirmatory factor analysis were utilized. Data analysis was performed using SPSS 25 and Smart PLS 4 software.
Findings: The findings indicate that entrepreneurial leadership has a significant positive impact on digital entrepreneurship development, entrepreneurial self-efficacy, and opportunity recognition. Furthermore, entrepreneurial self-efficacy and opportunity recognition significantly influence digital entrepreneurship development. While the mediating role of entrepreneurial self-efficacy in the relationship between entrepreneurial leadership and digital entrepreneurship development was not confirmed, opportunity recognition was found to mediate this relationship. Additionally, the moderating role of the leader’s IT competencies in the relationship between entrepreneurial leadership and digital entrepreneurship development was confirmed.
Conclusion / Implications: Strengthening the role of knowledge-based companies in the IT sector is crucial in the digital economy era, as digital entrepreneurship development is of significant importance. Knowledge-based firms are vital sources of income generation, employment creation, and economic growth. The concept of digital entrepreneurship in these companies provides a comprehensive understanding of the intersection between entrepreneurship and information and communication technology (ICT) and highlights the impact of ICT on entrepreneurship. Consequently, knowledge-based companies that embrace ICT and digital entrepreneurship can reshape market trends, customer expectations, and competitive strategies, leading to greater value creation in society. The implementation of digital entrepreneurship in IT-based knowledge firms provides a platform for growth, differentiation, and the establishment of competitive advantages. Moreover, expanding digital entrepreneurship in knowledge-based companies contributes to time and cost savings while enhancing employment opportunities in society.
Keywords
Digital Entrepreneurship
Entrepreneurship
Entrepreneurial Leadership
Knowledge-Based Companies

Subjects

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  • Receive Date 25 November 2024
  • Revise Date 28 May 2025
  • Accept Date 28 May 2025