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Digital technology marks a new era in entrepreneurship (Azzahra et al., 2021), which can expand various entrepreneurial opportunities and challenge business owners and their companies to digitize immediately (Beliaeva et al., 2020). Digital technology is a driver of entrepreneurial activity (von Briel et al., 2018) and manifests itself in various forms as one of them is digital innovations (Kuester et al., 2018; Elia et al., 2020; Purbasari et al., 2021). Digitalization has set the stage for innovations that have the potential to trigger new technological revolutions (Deng et al., 2020) and encourage the emergence of multi-sided platforms (Purbasari et al., 2021) inhabited by digital entrepreneurs (Sussan & Acs, 2017; Purbasari et al., 2021). Digital entrepreneurs identify and take advantage of various business opportunities based on the Internet, the World Wide Web, mobile technology, digital media, cloud computing, big data, robotics, and other information and communication technologies (Richter et al., 2017; Ulas, 2019). Due to the various possibilities available from advances in digital technology, digital entrepreneurs have been considered an essential pillar for economic growth and innovation and have become one of the top priorities in many countries (Shen et al., 2018; Beliaeva et al., 2020; Bagale et al., 2021).
In recent years, digital entrepreneurship has attracted much research interest as a new and developing research field (Kraus et al., 2019; Beliaeva et al., 2020). Digital entrepreneurship broadly refers to creating new ventures and transforming existing businesses by developing new digital technologies and new uses of those technologies (Sahut et al., 2019; Elia et al., 2020). In addition, digital entrepreneurship is also recognized as an important driver in the innovation system (Perwita, 2021). It can also be said that digital entrepreneurship is the process of creating a digital startup as a new business or within an established company (Perwita, 2021; Muafi et al., 2021). A startup can be understood as a company in the early stages of its business operations. Startups try to enter existing markets or sometimes open new ones with innovative products or services (Riyanto & Jamaaluddin, 2018).