Abstract
Transportation industry is an emerging and promising field, and entrepreneurship in this field has inspired many researchers and investors. By utilizing novel technologies and innovative ideas, they attempt to evolve the transportation industry and overcome the existing challenges. Several key aspects should be considered for investigating the importance of entrepreneurship in the transportation industry. First, this field is taken into account as an incentive for economic development and employment. Second, with respect to the environmental challenges due to traditional transportation, entrepreneurship in this field plays a vital role in developing sustainable transportation and decreasing environmental pollution. Third, the innovations in this field can enhance the daily lives of people and make more efficient and available transportation services. These key areas are taken into account for entrepreneurship in the transportation industry: Smart transportation, sustainable transportation, demand-based transportation services, supply chain and logistics, and tourism and transportation. In the smart transportation, technologies such as artificial intelligence, Internet of Things and big data are utilized in order to enhance the traffic management, route optimization and cost reduction. Also, sustainable transportation aims to reduce greenhouse gas emissions and energy consumption by focusing on the development of electric vehicles, bicycling, and public transportation. Demand-based transportation services are also creating online platforms to make easier access to transportation services. There are some challenges in the way of entrepreneurship in transportation. Among the challenges are complicated regulations, demanding a high amount of investment, serious competition, and lack of skilled workforce. However, with proper planning and support from the government, many opportunities are available in this field. In summary, entrepreneurship in transportation is a dynamic and developing field that can play a vital role in shaping the future of the transportation industry. In order to make sustainable development in this area, cooperation between various sectors is essential, including government, industry, and academics.