Proceedings of the 5th International Conference on the Role of Innovation, Entrepreneurship and Management for Sustainable Development (ICRIEMSD-2024)

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Role of Disruptive Technology Innovations in Sustainable Entrepreneurship Development for Economic Prosperity in India: An Empirical Study

Authors
K. Vishaal1, Soummya Chowdhury2, Shobha Mishra3, Arun Mittal4, *
1Department of Economics, Central University of Tamil Nadu, Thiruvarur, 610005, India
2School of Business, GITAM (Deemed University) Hyderabad Campus, Hyderabad, India
3School of Business, GITAM (Deemed to be) University- Hyderabad Campus, Hyderabad, India
4Birla Institute of Technology (Deemed University), Mesra Ranchi Off Campus, Noida, India
*Corresponding author. Email: arunmittal1985@gmail.com
Corresponding Author
Arun Mittal
Available Online 31 December 2024.
DOI
10.2991/978-94-6463-612-3_26How to use a DOI?
Keywords
Disruptive innovation; Innovation-based entrepreneurship; Sustainable Entrepreneurship; sustainable business model; digitalization
Abstract

Technological innovations have created a wealth of entrepreneurial opportunities worldwide, and India’s vibrant tech ecosystem is harnessing this wave of disruption to foster growth and innovation. The adoption and integration of digital technologies are widely seen as key drivers of sustainable entrepreneurship. Innovation, now a critical force in promoting sustainability, has been instrumental in addressing environmental challenges. The digital revolution has significantly aided efforts to battle climate change and foster sustainability, empowering entrepreneurial organizations to adopt creative solutions to navigate complex, persistent challenges. The evolving landscape underscores the increasing role of entrepreneurship in driving economic growth, fostering innovation, and advancing societal development. Moreover, the evolving digital landscape highlights the growing importance of entrepreneurship in driving economic growth. As new technologies emerge, they create opportunities for entrepreneurs to innovate, generate jobs, and stimulate local economies. Entrepreneurs (sample size 242) from different sectors were surveyed to know the role of “Disruptive Technology Innovations” and the impact of “Disruptive Technology Innovations on Sustainable Entrepreneurship and Economic Prosperity”. It is found that Driving Market Disruption and Transformation, Sustainability and Social Impact, Global Connectivity and Access and Healthcare and Life Sciences are different role of “Disruptive Technology Innovations” and there is significant impact of “Disruptive Technology Innovations on Sustainable Entrepreneurship and Economic Prosperity”.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 5th International Conference on the Role of Innovation, Entrepreneurship and Management for Sustainable Development (ICRIEMSD-2024)
Series
Advances in Economics, Business and Management Research
Publication Date
31 December 2024
ISBN
978-94-6463-612-3
ISSN
2352-5428
DOI
10.2991/978-94-6463-612-3_26How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - K. Vishaal
AU  - Soummya Chowdhury
AU  - Shobha Mishra
AU  - Arun Mittal
PY  - 2024
DA  - 2024/12/31
TI  - Role of Disruptive Technology Innovations in Sustainable Entrepreneurship Development for Economic Prosperity in India: An Empirical Study
BT  - Proceedings of the 5th International Conference on the Role of Innovation, Entrepreneurship and Management for Sustainable Development (ICRIEMSD-2024)
PB  - Atlantis Press
SP  - 396
EP  - 409
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-612-3_26
DO  - 10.2991/978-94-6463-612-3_26
ID  - Vishaal2024
ER  -