Special Issue "Entrepreneurship and Business Models in the Digital Era"

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Business and Entrepreneurship".

Deadline for manuscript submissions: 30 April 2022.

Special Issue Editor

Prof. Dr. Salvatore Ammirato
E-Mail Website
Guest Editor
Department of Mechanical, Energy and Management Engineering, University of Calabria, Via P. Bucci, 46\C, 87036 Rende (CS), Italy
Interests: business process management; sustainability; ICT; tourism; digital entrepreneurship

Special Issue Information

Dear Colleagues,

The COVID-19 pandemic has produced more digital transformation in the past 10 months than we have seen in the last decade, “with every transformation effort already underway finding itself accelerated, and at scale”. (Newman, 2020). The accelerated diffusion of digital technologies is producing a deep impact on both socioeconomic environments worldwide and on the everyday life of individuals in an unprecedented way (Olanrewaju et al., 2020). From a business perspective, digital entrepreneurship is exploding around the globe, offering public and private investors opportunities to stimulate speedy growth of digital enterprises (DEs) (Nambisan, 2019). DEs capitalize on the internet by merging digital technologies, e.g., cloud computing, cybersecurity, blockchain, Internet of Things, big data, and artificial intelligence, in many different industries (finance, tourism, public administration, manufacturing, education, agribusiness, and others) (Ammirato et al., 2019). In fact, both DEs, which harness technology to improve their performances and customer service through digitalization of business, and more traditional enterprises are reinventing their business models in order to reduce financial risks and to gain more flexibility and agility in engaging with customers, stakeholders, and new strategic partners (e.g., universities, research centers, venture capitalists, public administrations) (Linzalone et al., 2020).

This Special Issue welcomes both research papers and case studies devoted to analyzing the evolution of entrepreneurship and business models in the digital era.

Suggested topics suitable and of interest include:

  • Digital revolution and entrepreneurial revolution;
  • Entrepreneurs behaviors and decision-making process;
  • Digital business model innovation;
  • New technologies;
  • Impact of new technologies at industry and/or firm level;
  • Business methods and business thinking;
  • Business processes management and innovation;
  • Emerging models of risk impacted by technology and finance;
  • Predictions of changes in behaviors and business over the next millennium.


Ammirato, Salvatore, Francesco Sofo, Alberto Michele Felicetti, Nina Helander, and Heli Aramo-Immonen. 2019. A new typology to characterize Italian digital entrepreneurs. The International Journal of Entrepreneurial Behaviour and Research 26:224-245

Linzalone, Roberto, Giovanni Schiuma, and Salvatore Ammirato. 2020. Connecting Universities with Entrepreneurship through Digital Learning Platform: functional requirements and education-based knowledge exchange activities. The International Journal of Entrepreneurial Behaviour and Research 26: 1525-1545.

Nambisan, Satish, Mike Wright, and Maryann Feldman. 2019. The digital transformation of innovation and entrepreneurship: Progress, challenges and key themes. Research Policy 48: 1037-1073.

Newman, Daniel. 2020. Top 10 Digital Transformation Trends For 2021. Forbes. Available online: https://www.forbes.com/sites/danielnewman/2020/09/21/top-10-digital-transformation-trends-for-2021/?sh=7c7ba2a0c6f4 (access on 20 November 2020)

Olanrewaju, Abdus-Samad Temitope, Mohammad Alamgir Hossain, Naomi Whiteside, and Paul Mercieca. 2020. Social media and entrepreneurship research: A literature review. International Journal of Information Management 50: 90-110

Prof. Dr. Salvatore Ammirato
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All papers will be peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1200 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.


  • Entrepreneurship
  • Digital platforms
  • Business models/processes
  • Knowledge/information management
  • Start-up/scale-up companies
  • Performance/risk management
  • Academic entrepreneurship
  • Fintech
  • eTourism
  • Industry 4.0
  • eAgribusiness
  • Digital education
  • Digital marketing
  • Social media
  • Internet of Things
  • Artificial intelligence/machine learning
  • Cybersecurity

Published Papers (1 paper)

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Family Business in the Digital Age: The State of the Art and the Impact of Change in the Estimate of Economic Value
J. Risk Financial Manag. 2021, 14(7), 301; https://doi.org/10.3390/jrfm14070301 - 02 Jul 2021
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Throughout the review of the most relevant literature on family businesses and business valuation, this work pursues a twofold purpose: to explore the possible evolutionary scenarios of family businesses in the era of digitalisation, highlighting their role and purpose; and to determine the [...] Read more.
Throughout the review of the most relevant literature on family businesses and business valuation, this work pursues a twofold purpose: to explore the possible evolutionary scenarios of family businesses in the era of digitalisation, highlighting their role and purpose; and to determine the valuation approaches that may be applied to them, also in light of the different role that intangible assets deriving from their digitalisation may assume. Therefore, after a description of the most relevant changes related to the digital transformation of the FB, the focus will be set on their valuation, paying special attention to the choice of the most appropriate methodology for “grasping” the aforementioned changes. Family businesses, in fact, due to their distinctive traits and the various estimation opportunities, require a dynamic business valuation process that has to be projected into the future and suitable for estimating those intangible assets that strongly characterise these types of companies, inasmuch as they are related to the implicit components that are strongly connected to the ownership and are a result of knowledge, strategic adaptability, and product innovation, and their possible impact on the risks and their expected flows. Thus, throughout a systematic literature review, the study provides, on the one hand, a clearer representation of the state of the art of the FB valuation in the digital age; on the other hand, it highlights the characteristics and peculiarities of “novel” FBs whose valuation needs to be conducted with due care. Full article
(This article belongs to the Special Issue Entrepreneurship and Business Models in the Digital Era)
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