The Impact of Websites on Entrepreneurial Ventures

ABSTRACT: The incendiary growth of digital technologies has dramatically changed the sense of entrepreneurial projects in which websites have been defined as a significant source of visibility and customer capture in carrying out business activities, as well as in growth. Nonetheless, many entrepreneurs particularly those in the developing economy such as Nigeria and Africa have an issue of adoption and utilization of the site technologies to enhance their performance and sustainability. This theoretical research paper discusses the impacts of websites on entrepreneurship ventures in the context of how the interaction of websites design with interactivity and the adoption of technology influences the entrepreneurship performance. The conceptual research methodology adopted in conducting the study entails the utilization of secondary data in the form of a systematic review of literature sources such as scholarly journals, books, newspapers, accounts of past events, and other research that have been conducted before. The results of the literature indicate that properly designed user-centric websites, whereby the digitization tools are adopted in a well-planned manner, have an amazing effect on the entrepreneurial performance, e.g., financial performance, market penetration, operational efficiency, and long-term growth. The impediments to adoption, including the unavailability of digital skills, barriers to adoption in resource-constrained settings, and other barriers to adoption, are also stated. As a result of these observations, this paper recommends that business persons concentrate on interactive and practical sites, integrating online marketing and feedback, and policy underpinning to promote sustainable development. We conclude by the findings of the study as follows: Websites constitute strategic resources and enabling technologies that serve two purposes in enhancing performance and competitiveness by entrepreneurial actors.

KEYWORDS: Websites, Entrepreneurship, Digital Adoption, Performance, Sustainability.