Cyber entrepreneurial venture: Case studies on Phenomenon of Venture Creation

Abstract

Purpose: Cyber Entrepreneurship is  gaining much prominence in both developed nations and developing nations and has thus created higher demand for need to study cyber entrepreneurship.

In tandem, entrepreneurship and cyber entrepreneurship have been the focus of researchers, educators as well as public and private bodies.

Methodology: The research methodology is based on case study method. This paper explores the initiatives in cyber entrepreneurship in various parts of the world through content analysis of journal articles and websites on the subject.

Findings: The findings of the research study show that cyber world has given birth to a new breed of cyber entrepreneurs who have used information technology and the Internet to create small, self-sustaining financial eco-systems using a minimum of financial and infrastructural resources creating employment for themselves and this new breed has created employment for others.

Originality/contribution:This paper contributed by identifying various practices adopted by successful cyber entrepreneurial ventures.