2. This paper attempts to collate all variables used in prior
research to describe entrepreneurs and their ventures into a
comprehensive framework.
This investigation considers four major aspects of
entrepreneurship:
characteristics of individuals starting the venture
The technology used
The environment
The process
BBA Deptt;Dhanwate National College,Nagpur
3. Brick-&-Mortar
Entrepreneurship:
◦ A traditional "street-side"
business that deals with its
customers face to face in an
office or store that the business
owns or rents.
E-Entrepreneurship:
any venture conducted solely on
the internet(WWW). It
encompasses activities of a
regular entrepreneur, but the
mode of operation is
technologically based.
BBA Deptt;Dhanwate National College,Nagpur
5. China: Creating benchmark in e-
Retail Success
India: A thumping success in e-
Retailing
BBA Deptt;Dhanwate National College,Nagpur
6. There is a battle between online
retailers and brick-and-mortar
locations. Who will win? How about
both?
BBA Deptt;Dhanwate National College,Nagpur
7. Individual:
◦ Traditional Entrepreneurship-
Business Skills.
◦ interpersonal skills, presence of
a foreign accent, and location
of the venture- a mandate
◦ the expense of retail space- a
major concern
◦ Customer Loyalty
Organization:
◦ Online Entrepreneurship-
Business skills + Diverse skills.
◦ Tech-savvies- a mandate
◦ Evolution depends on revenue
generated
◦ Exit Strategy- to be sold to an
existing corporation
BBA Deptt;Dhanwate National College,Nagpur
8. 1. To Establish A Presence
2. To Network
3. To Make Business Information Available
4. To Serve Your Customers
5. To Heighten Public Interest
6. To Release Time Sensitive Materials
7. To Sell Things
8. To make pictures, sound and video available
9. To reach a highly desirable demographic market
10. To Answer Frequently Asked questions
11. To Stay In Contact With Salespeople
12. To Open International Markets
13. To Create a 24 Hour Service
14. To Make Changing Information Available Quickly To Take Customer feedback
BBA Deptt;Dhanwate National College,Nagpur
9. Brick-&-Mortar
Entrepreneurship:
◦ deciding on a location,
accumulation of resources,
marketing of products,
production activities, setting up
of an organization and
responding to government and
society.
E-Entrepreneurship:
accumulation of resources,
marketing, organizing and
responding to external
environment, securing the online
transaction process, indulging in
search engine optimization,
safeguarding privacy, and
protecting online assets.
The process of entrepreneurship:
BBA Deptt;Dhanwate National College,Nagpur
10. This paper identifies and studies characteristics of individuals
starting the venture, the technology used, the environment variables
and the process to run, the both forms of business.
Brick-&-Mortar entrepreneurs are here to stay- not to mention the
kind of impact and trust they have upon their customers.
Online Business & Entrepreneurship hold potent management
implications for IT innovation and entrepreneurial organizations
worldwide.
The discussion of the issues as such provides readers with both
theoretical and practical guideline for a further study.
BBA Deptt;Dhanwate National College,Nagpur