Shodh Sari-An International Multidisciplinary Journal
Vol-03, Issue-04 (Oct-Dec 2024)
An International scholarly/ academic journal, peer-reviewed/ refereed journal, ISSN : 2959-1376
Entrepreneurial Mindset: Cultivating Innovation for Success in the Digital Age
Singh, Himani
Assistant Professor, Kalka Institute for Research and Advanced Studies, New Delhi
DOI: https://doi.org/10.59231/SARI7755
Subject: Business Management / Entrepreneurship
Page No: 183–193
Received: May 14, 2024
Accepted: June 27, 2024
Published: Oct 01, 2024
Thematic Classification: Entrepreneurial Mindset, Digital Age Innovation, Startup Success, Business Leadership, Digital Transformation, Innovation Cultivation.
Abstract
The development of an entrepreneurial mindset is becoming more widely acknowledged as essential for promoting innovation and attaining success in today’s quickly changing digital environment. An overview of the vital role that an entrepreneurial mindset plays in fostering innovation in the digital age is given in this abstract. It looks at how people and organizations can adopt entrepreneurial values to take advantage of new opportunities, manage uncertainty, and adjust to technology improvements. Developing an entrepreneurial mindset is crucial for success in the fast-paced digital world as it promotes creativity. This study explores the importance of fostering an entrepreneurial mindset in the modern day as a means of promoting innovation. It looks at how people and organizations may use entrepreneurial ideas to overcome uncertainty, take advantage of opportunities, and adjust to the rapid growth of technology. This study explores the characteristics of an entrepreneurial mindset by utilizing interdisciplinary viewpoints from the fields of technology, psychology, and entrepreneurship. It also covers methods for encouraging an entrepreneurial attitude in a variety of settings, such as business, community, and education. This seeks to shed light on how an entrepreneurial attitude is essential for fostering innovation and offer strategies for individuals and companies to prosper in the rapidly changing digital environment.
Keywords: Entrepreneurial mindset, Innovation, Digital age, Adaptability, Opportunity recognition, Risk-taking, Creativity, Entrepreneurship education, Technological advancement, Success.
Impact Statement
This study emphasizes how essential it is to have an entrepreneurial attitude in order to succeed in today’s rapidly evolving digital environment and stimulate innovation. The study demonstrates how entrepreneurial values—such as adaptability, creativity, resilience, and risk-taking—equip people and organizations to successfully navigate uncertainty, embrace technological advancements, and seize emerging opportunities by integrating interdisciplinary perspectives from technology, psychology, and entrepreneurship. According to the research, cultivating this mindset is crucial for advancement in society as a whole in the digital age, as well as for individual and organizational success.
Additionally, the study investigates the ways in which entrepreneurial attitudes can be fostered in a variety of contexts, such as business, education, and community settings, offering tactics for fostering an innovative culture. Through the promotion of experimentation, collaboration, and ongoing learning, the study shows that both individuals and organizations may effectively utilize the entrepreneurial mindset to address the demands of a rapidly evolving digital landscape.
Ultimately, this study highlights that the entrepreneurial attitude is not simply a commercial necessity but a crucial driver of technological and societal innovation, opening the path for more resilient and inclusive growth in the face of ongoing global upheavals. It offers insightful information about how this way of thinking might promote long-term success in the current digital world
About The Author
Ms. Himani Singh (Assistant Professor) holds an M.Ed. and an MA in Economics, along with having cleared the NET in Education. With a diverse background in commerce and education, I have previously contributed to various cyber safety and security research projects at NCERT’s Central Institute of Educational Technology (CIET). Currently, working as an assistant professor at Kalka Institute for Research and Advanced Studies, New Delhi, affiliated with Guru Gobind Singh Indraprastha University (GGSIPU), where I continue to apply my expertise in education and research. My academic journey and professional experience reflect a strong commitment to both teaching and advancing knowledge in my field.
Cite this Article
APA 7th Style: Singh, H. (2024). Entrepreneurial mindset: Cultivating innovation for success in the digital age. Shodh Sari-An International Multidisciplinary Journal, 3(04), 183–193. https://doi.org/10.59231/SARI7755
Chicago 17th Style: Singh, Himani. “Entrepreneurial Mindset: Cultivating Innovation for Success in the Digital Age.” Shodh Sari-An International Multidisciplinary Journal 3, no. 4 (2024): 183–193. https://doi.org/10.59231/SARI7755.
MLA 9th Style: Singh, Himani. “Entrepreneurial Mindset: Cultivating Innovation for Success in the Digital Age.” Shodh Sari-An International Multidisciplinary Journal, vol. 3, no. 4, 2024, pp. 183-193, https://doi.org/10.59231/SARI7755.
Statements & Declarations
Review Method: This article underwent a double-blind peer-review process by two independent external experts in Management Studies and Digital Innovation to evaluate the theoretical framework of entrepreneurial psychology and its practical application in the modern digital economy.
Competing Interests: The author Himani Singh declares that there are no financial, personal, or professional conflicts of interest that could have inappropriately influenced the research findings or the strategic frameworks presented in this study.
Funding: This research was conducted as part of the author’s academic and professional activities at the Kalka Institute for Research and Advanced Studies. No specific external grants or commercial funding were received for this work.
Data Availability: The analysis is based on a synthesis of contemporary entrepreneurship literature and digital transformation case studies. All theoretical models and secondary data used to support the findings are cited within the manuscript and available via academic databases.
License: Entrepreneurial Mindset: Cultivating Innovation for Success in the Digital Age © 2024 by Himani Singh is licensed under CC BY-NC-ND 4.0. This work is published by the International Council for Education Research and Training (ICERT).
Ethics Approval: As this study is a theoretical exploration and literature-based review of management practices and does not involve direct clinical experimentation on human participants, it was deemed exempt from formal ethical review by the Institutional Research Committee.
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