E- Entrepreneurship and Open Innovations and E-Business

Emergence of the Internet was one of the most important milestones in the development of business surroundings which expanded from the traditional market to market space available on the Internet. This was followed by a remodeling of entrepreneurship into Internet entrepreneurship or e-entrepreneurship. Internet has cause a switch from the traditional closed model of innovations to a model of open innovations. Easy access to Internet communication solutions, development of social media and Web 2.1 stimulates customers’ activity not only as buyers but also as experts, consultants, promoters of products and brands and, importantly, creative innovators.