Digital entrepreneurship: Some features of new social interactions

Abstract

Digital technologies permit a massive reduction of transaction costs. As a result, traditional social interactions that take place in the entrepreneurial ecosystem are disrupted and a new landscape emerges. Digital platforms are the organizational form that benefit most from reductions in transaction costs; they take a prominent advantage from their ability to scout worldwide emergent knowledge, as well their ability to match extraordinarily heterogenous demands with dedicated supply. Digital platforms shape social interactions and the ways value is created in the global economy. As such, they are becoming the cornerstone of the digital entrepreneurship ecosystem. This special issue highlights some of the key features of the renewal of social interactions in the digital entrepreneurship ecosystem and opens up avenues for future research.