Driving Innovation: Unleashing the Power of Logispreneurship in the Logistics Industry
Abstract
This study provides an overview of logispreneurship, its significance, and its potential implications for businesses and economies. Logispreneurship plays a vital role in driving innovation and progress within the logistics sector. Logispreneurs identify market gaps, inefficiencies, and emerging trends, and develop innovative solutions to address these challenges. By leveraging new technologies, such as digital platforms, data analytics, and automation, logispreneurs optimise supply chain operations, enhance efficiency, and improve customer experiences. Their entrepreneurial mindset and ability to take calculated risks contribute to the development of flexible and agile logistics systems. The impact of logispreneurship extends beyond the logistics industry. It stimulates economic growth by creating new businesses and employment opportunities. Logispreneurs contribute to national economies by fostering trade and global connectivity. Their initiatives streamline supply chains, reduce transit times, and enhance international trade links, thereby increasing competitiveness and attracting foreign investments. Embracing logispreneurial practices can unlock new opportunities for businesses, improve operational efficiency, and contribute to the development of resilient and globally connected economies.
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About this article
Publication Date
06 May 2024
Article Doi
eBook ISBN
978-1-80296-132-4
Publisher
European Publisher
Volume
133
Print ISBN (optional)
-
Edition Number
1st Edition
Pages
1-1110
Subjects
Marketing, retaining, entrepreneurship, management, digital marketing, social entrepreneurship
Cite this article as:
Sundram, V. P. K., Mokhtar, A. R. M., Wahab, S. N., Krishnan, I., Othman, A. K., & Selvam, M. (2024). Driving Innovation: Unleashing the Power of Logispreneurship in the Logistics Industry. In A. K. Othman, M. K. B. A. Rahman, S. Noranee, N. A. R. Demong, & A. Mat (Eds.), Industry-Academia Linkages for Business Sustainability, vol 133. European Proceedings of Social and Behavioural Sciences (pp. 432-437). European Publisher. https://doi.org/10.15405/epsbs.2024.05.36