Globalizing Entrepreneurship: How AI and IoT are Shaping Cross-Border Business Models and Market Strategies

Abstract

The digital globalization of business and the combination of AI and IoT are transforming international business models. This research focuses on how these disruptive technologies drive new forms of income generation, improve business processes, and facilitate compliance in global jurisdictions. From this study, using secondary qualitative data and critical theory like the Innovation Diffusion Theory and the TOE framework, we find out the motivation, challenge, and effect of AI and IoT adoption. An analysis of the findings shows that they contribute towards improving the supply chain, automating compliance and introducing new market solutions. However, some of the weaknesses include; There is fragmentation of regulation, and there are ethical issues. It presents strategies for surmounting these challenges and identifies trends for future development of globe, competent technology-based business.