Entrepreneurial Agility: Innovating in a Rapidly Changing Gig Economy Environment

This research focuses on the phenomenon of Entrepreneurial agility in the emerging gig economy and entrepreneurship and how they are important when dealing with forces such as dynamic market environment, shifts in laws, and contingencies from competitors. Thus, the problem is like a race challenge that requires the use of technologies as tools for constant innovation by entrepreneurs to operate effectively in a dynamic environment. Despite these challenges, the study establishes how various agile strategies like iterative procedures, real-time data analysis, and customer-oriented formation can be used to promote innovation as used by agile entrepreneurs. I discuss how dynamic pricing solutions and diversification of services are revolutionizing the gig economy business model. The research finally discusses the future of the gig economy, specifically highlighting how issues of sustainability, the adoption of emerging technologies, and decentralization will reshape entrepreneurial practices, hence the need for the concept of entrepreneurial agility, which forms the basis of sustainable business success in the evolving gig economy environment.

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Publication Details

Published
2024-12-21
DOI
https://doi.org/10.46254/ba07.20240112
Primary Topic
Collaboration in agile enterprises
Type
article
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article

Entrepreneurial Agility: Innovating in a Rapidly Changing Gig Economy Environment

Tanjim Khan Nabil, Md. Mortuza Ahmmed
Collaboration in agile enterprises
article

Entrepreneurial Agility: Innovating in a Rapidly Changing Gig Economy Environment

Tanjim Khan Nabil, Md. Mortuza Ahmmed
article en

Abstract

This research focuses on the phenomenon of Entrepreneurial agility in the emerging gig economy and entrepreneurship and how they are important when dealing with forces such as dynamic market environment, shifts in laws, and contingencies from competitors. Thus, the problem is like a race challenge that requires the use of technologies as tools for constant innovation by entrepreneurs to operate effectively in a dynamic environment. Despite these challenges, the study establishes how various agile strategies like iterative procedures, real-time data analysis, and customer-oriented formation can be used to promote innovation as used by agile entrepreneurs. I discuss how dynamic pricing solutions and diversification of services are revolutionizing the gig economy business model. The research finally discusses the future of the gig economy, specifically highlighting how issues of sustainability, the adoption of emerging technologies, and decentralization will reshape entrepreneurial practices, hence the need for the concept of entrepreneurial agility, which forms the basis of sustainable business success in the evolving gig economy environment.

American International University-Bangladesh (BD)
Decent work and economic growth
Openalex Percentile: Top 54%
Collaboration in agile enterprises
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Entrepreneurial Agility: Innovating in a Rapidly Changing Gig Economy Environment — Tanjim Khan Nabil, Md. Mortuza Ahmmed · (2024) | TGRS Research Map | TGRS