Entrepreneurial Innovations Research Paper Example | Topics and Well Written Essays - 750 words

Entrepreneurial blueprints - Research Paper ExampleIn addition, the large availability of the Internet for performing blood-related tasks of the creasees, sellers, and buyers is the primary reason behind the development of electronic commerce (or just now e-commerce). Actually, electronic commerce is the method of selling and purchasing services and goods and products performed electronically by means of computerized business transactions over the Internet, networks, and other digital technologies (Laudon & Laudon, 1999, p. 25 Stair & Reynolds, 2003, p. 19). There are different kinds of innovations in the context of IT, which discount be implemented by an organization to upgrade their business processes. For instance, an organization can automate their business process, implement an e-commerce portal or use the Internet for marketing strategies and so on. Innovation in the context of organizational change also plays a significant function in the business organizations. No matte r, whether a business organization is going to formulate or launch a fresh product, or going to introduce a new service, or going to invent and put into enforce a technological invention that can change the business processes or a new caution tool or technique, innovation, and organizational change helps the business organization develop and put into operation a business strategy and infrastructure. In fact, many business organizations invest a higher proportion of their finance in forming and implementing an innovation strategy than others.