Investment in digital technology and entrepreneurial trajectory: Is there any competitive edge?

PurposeWe examine how investment in digital technology shapes entrepreneurial trajectory – entrepreneurial opportunities, business models and performance given the competitive environment of the firm.Design/methodology/approachWe choose all the observations from the listed firms of the Dhaka Stock Exchange Limited in Bangladesh, an emerging economy in Southeast Asia. We choose firms that have more exposure to technological investment each year in the value-generation process from 2019 to 2021. We use ordinary least square, controlling all fixed effects, to explore the impact of investment in IT on the entrepreneurial trajectory.FindingsFollowing the “resource-based perspective” of the firms, we find that more investment in technologies improves entrepreneurial trajectory, even in a competitive environment.Practical implicationsThis paper will assist regulators and policymakers in adopting the right legislation, regulatory reform and enforcement strategies to enhance the information technology implementation processes.Originality/valueWe expect that this paper will provide an incentive for managers and entrepreneurs to think more about the role of investment in technologies to improve and shield entrepreneurial trajectory in the long run.