Entrepreneurship in the Open Space: A New Dynamic for Creating Value?

Abstract

The chapter defines ‘OE’ as a unifying approach for value creation through a conceptual model combining ‘Open’ tools and resources. Open resources for digital and data-led entrepreneurship offer conditions for new, pervasive and distributed forms of value-creating entrepreneurial activity. These can create learning environments with rich access to data and resources, innovative connections and opportunities for co-creating value in multiple forms. This learning-centred approach builds on the concept of entrepreneurship as an educational philosophy of value creation for others. Without this, there are risks that entrepreneurial education, and the capabilities of micro-business owners and managers, may lag the development of an Open digital economy, rather than creating new forms of OE.