Information Technology and Entrepreneurship: Factors that Shape Investment Support for Innovation

The constant evolution of new technologies has led to an interest in how information technology impacts entrepreneurship, for both the development of new technology and support for funding mechanisms, such as new platforms for investment. Rapid innovation and the overlap of information technology and entrepreneurship have been the subject of much research, including how they impact each other. Information Technology and Entrepreneurship reviews research on investment funding to extract and classify the factors that have traditionally impacted investment decisions, and to identify emerging investment issues. The result is a set of six factors, each of which has multiple dimensions and characteristics that are described. Suggestions are provided for future work to investigate funding opportunities for supporting entrepreneurs who wish to advance their innovative information technology products. After an introduction, Section 2 examines the role that information technology plays in entrepreneurship and provides an overview of the method used to perform the literature search and extract the main factors. Section 3 describes each factor and its general characteristics to progress our understanding of the factors themselves and their impact on investment decisions and technological innovations. Section 4 proposes areas of future research. Section 5 summarizes and concludes the paper.