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Digital entrepreneurs in Uzbekistan: exploring alertness, opportunity recognition, exploitation and the mediating role of social media use

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Listed:
  • Nergis Aziz
  • Derya Dogan
  • Barry A. Friedman
  • Zamira Ataniyazova
  • Dilmurod Khodiev

Abstract

This study explores the influence of social media on the relationship between alertness and opportunity recognition in digital entrepreneurship. It also investigates hedonic value as a pre-cursor to social media use and opportunity recognition's role in predicting opportunity exploitation. Data from 153 Uzbekistan digital entrepreneurs were analysed using PLS-SEM. Results showed a significant positive relationship between hedonic value and social media use (β = 0.265; p ≤ 0.00). Social media use fully mediated the relationship between entrepreneurial alertness and opportunity recognition (β = 0.12, p < 0.05, bootstrap bias-corrected 95% CI [0.045, 0.25]). Additionally, a significant positive relationship was found between opportunity recognition and exploitation (β = 0.337; p ≤ 0.00). These findings have implications for fostering digital opportunity recognition and exploitation in emerging economies, highlighting the role of hedonic value, social media use, and alertness for digital entrepreneurs.

Suggested Citation

  • Nergis Aziz & Derya Dogan & Barry A. Friedman & Zamira Ataniyazova & Dilmurod Khodiev, 2026. "Digital entrepreneurs in Uzbekistan: exploring alertness, opportunity recognition, exploitation and the mediating role of social media use," International Journal of Business and Emerging Markets, Inderscience Enterprises Ltd, vol. 18(1), pages 20-47.
  • Handle: RePEc:ids:ijbema:v:18:y:2026:i:1:p:20-47
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