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The Role of Digital Platforms in Alleviating the Fear of Entrepreneurial Failure: A New Conceptual Framework

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Proceedings of International Conference on Emerging Technologies and Intelligent Systems (ICETIS 2021)

Part of the book series: Lecture Notes in Networks and Systems ((LNNS,volume 322))

Abstract

The literature on digital entrepreneurship has paid extensive attention to investigating the role of digital technologies in the process of entrepreneurship based on socio-technical perspectives. The role of digitalization on psychological aspects of entrepreneurship has been completely ignored despite these psychological aspects such as fear of failure, anxiety, and lack of confidence act as a deterrent for nascent entrepreneurs from starting and scaling up their ventures. This paper, hence, aims to conceptualize the role of digital platforms in mitigating the fear of failure in the idea-to-venture process. Two proposed paths are conceptualized through which engaging in digital platforms can help nascent entrepreneurs alleviate their fear of failure. This conceptualization will be appreciated by academic researchers in the entrepreneurship area, entrepreneurs, and digital platform providers.

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Author information

Authors and Affiliations

  1. Faculty of Business and Economics and social development, Universiti Malaysia Terengganu, Kuala Terengganu, Malaysia

    Khalid Mady

  2. Faculty of Commerce, Mansoura University, Mansoura, Egypt

    Mohamed Elsotouhy

  3. College of Business Administration, University of Sharjah, Sharjah, UAE

    Mohamed Battour

Authors
  1. Khalid Mady
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  2. Mohamed Elsotouhy
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  3. Mohamed Battour
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Corresponding author

Correspondence to Khalid Mady .

Editor information

Editors and Affiliations

  1. The British University in Dubai, Dubai, United Arab Emirates

    Mostafa Al-Emran

  2. Universiti Teknologi Malaysia, Johor, Malaysia

    Mohammed A. Al-Sharafi

  3. Al Buraimi University College, Al Buraimi, Oman

    Mohammed N. Al-Kabi

  4. The British University in Dubai, Dubai, United Arab Emirates

    Khaled Shaalan

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Mady, K., Elsotouhy, M., Battour, M. (2022). The Role of Digital Platforms in Alleviating the Fear of Entrepreneurial Failure: A New Conceptual Framework. In: Al-Emran, M., Al-Sharafi, M.A., Al-Kabi, M.N., Shaalan, K. (eds) Proceedings of International Conference on Emerging Technologies and Intelligent Systems. ICETIS 2021. Lecture Notes in Networks and Systems, vol 322. Springer, Cham. https://doi.org/10.1007/978-3-030-85990-9_66

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