Exploring the concept and practice of infopreneurship in the digital age

One of the features of the global economy that is knowledge based has been described as infopreneurship, which refers to the process of creating, managing and commercializing information based services and products. At this digital age, in which the information technologies introduced have accelerated and transformed production, distribution, and consumption of information products; the infopreneurs have become critical in the matters of innovation and social-economic development. The article reinstills the conceptual foundation and practical examples of infopreneurship, its use in the contemporary digital system. The paper takes a qualitative conceptual framework with premise of desk research, literature synthesis and reflective analysis and highlights the development, opportunities, and challenges of infopreneurship. It argues that the digital transformation has rendered the information resources more democratic and accessible to individuals and organizations that have offered new avenues of entrepreneurship. The paper ends by suggesting that infopreneurial education, good policy frameworks and digital literacy should be incorporated to empower future infopreneurs in the developing economies.