Entrepreneurship on the Internet

Abstract

Entrepreneurship on the net makes the expansion possible in fields where in the real world very often it would be unworkable because of many obstacles and limiting factors like costs - which are quite simply to overcome on the net.  It is easy to set up a web site available to millions of people in the world who type the web site address or find what they are looking for in Google or via another search engine.  The Internet market is open to all ideas and hence we should take advantage thereof. The number of internet shops has increased by 100% against the numbers from last year. The number of buyers has increased as well. Thanks to the World Wide Web, e-mails and communicators, entrepreneurs have a chance to communicate with clients on a global scale. It was merely not so long ago in 1977, when Ken Olson, the president and founder of the Digital Equipment Corp. Company stated, there is no reason as to why anyone should want to have a computer at home”. Today, most businesses, including most of us cannot imagine a life without a computer or the Internet that in the age of advanced technology has become a common work tool.  The work above presents the history of the Internet and the most important elements which have influenced its development and without which the virtual world would not have existed.  The thesis will present an in-depth look at the Internet’s range and capacity, possibilities it creates, and also challenges the safety features Internet consumers face. Additionally it will provide explanations of the most important definitions used in the world of e-business.