Entrepreneurial Skills Development for Exploits in Business and the Prospects of Information and Communication Technology Integration


Article PDF :

Veiw Full Text PDF

Article type :

Original article

Author :

Durojaye Modupe Oluwatoyin

Volume :

4

Issue :

1

Abstract :

With regards to the importance of the part played by the ICT in all aspects of personal and business lives around the world, the information technology is critical to the improvement of entrepreneurial skills. In this era of globalization, ICT entrepreneurship makes countries around the world to grow into producers and creators in the high value areas of the knowledge economy. ICTs are the infrastructure of the digital global economy and making the concept of the global village possible is also a function of the integration of ICT in economic and entrepreneurial development. However, most of the entrepreneurship educational programs are already being studied in business and economic institutions and disciplines. ICT integration in learning entrepreneurship is an important requirement in addressing this state of affairs. The focus of entrepreneurship must be directed towards areas that drive changes in today’s digital world, most especially, the information and communication technology. However, entrepreneurship is not basically a technical matter, neither is it to be narrowed down to just about money or profit making enterprise. The creation and running of a successful business venture requires more than technical expertise and money as the field of entrepreneurship isn’t a bed of roses rather entrepreneurship can be best referred to as an individual’s creative and self confident ability to turn ideas into action in a profitable and sustainable manner. It is important to understand the practical perspectives that last and work, as well as how to address the challenges associated with entrepreneurship in the local and global environment in the bead to understand the reason some individuals venture into businesses and fail while some others succeed in the same business. Entrepreneurship is about reward and wealth creation. It is also about the ability of individuals to manage risks and challenges. Therefore, it is important to study and understand the major mistakes made by technological entrepreneurs and also the critical success factors of ICT entrepreneurship.

Keyword :

Globalization; Digital; Economy; Entrepreneurship; Business
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