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Digital Business Innovation and Strategy

A special issue of Sustainability (ISSN 2071-1050). This special issue belongs to the section "Economic and Business Aspects of Sustainability".

Deadline for manuscript submissions: closed (31 March 2023) | Viewed by 10058

Special Issue Editor

Special Issue Information

Dear Colleagues,

The business world is rapidly progressing into a new era, in which the prevalence of a common purpose is the key criterion for ecosystems when passing judgment on an organisation. Stakeholders have become increasingly demanding and fully alert to such matters as the quality of the interaction with an organisation, valuing their experience and expectations, whilst assessing organisational conduct and behaviour.

The pandemic has greatly accelerated the advent of Industry 4.0. Business models have sought to strengthen their technological dimension, supply chains have been restructured, and education and academia have needed to reinvent themselves fully. Many companies and businesses were forced to diverge from their incumbent strategies to more innovative ones, adapting to a new reality in order to survive. It has become abundantly clear that the only truly sustainable competitive advantage for an organization lies in its capacity to reinvent itself and replace incumbent paradigms with better business models, ones that best fit a dynamic and constantly changing macroenvironment.

It is also key to emphasize the role of technology and its omnipresence across all types of businesses, rendering the notion of business reinvention meaningless without the inclusion of a technological paradigm shift. Digital transformation has majorly impacted the way brands operate and manifest themselves next to key constituencies and, most remarkably, consumers. It is rather cumbersome to conceive of the idea of selling products or providing services, short of technology being present at some stage of the journey. In particular, the use of platforms or sales systems has become almost a requirement for those who want to explore the online market. In recent years, e-commerce and e-marketplaces have become the primary means for purchasing products and services, but this was nothing compared to the magnitude of what we are witnessing today.

People want to be surprised, they want new and different things, and they want them now. They seek ease of access and simplification of their daily tasks and routines. Perhaps it is not the product or the service that should be changed, but the way in which the user/consumer experience utilizes the product or service.

It is important to note that company lifecycles have never been shorter, as a consequence of a context of V.U.C.A (volatility, uncertainty, complexity and ambiguity), so a permanent transformation of the business model is a mandatory principle for survival. Digital business strategy and innovation are thus mandatory for the creation of a sustainable competitive advantage.

We welcome original research articles and reviews for the current Special Issue. Research articles may include (but are not limited to) the following areas:

  • Strategic management;
  • Innovation management;
  • Digital business;
  • Business model;
  • Open innovation;
  • Business sustainability;
  • Project management;
  • Problem-solving;
  • Knowledge management;
  • Benefits realization management.

I look forward to receiving your contributions.

Prof. Dr. Leandro Ferreira Pereira
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • digital business
  • digital strategy
  • digital innovation
  • business model innovation
  • business strategy
  • sustainability

Published Papers (3 papers)

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Research

21 pages, 885 KiB  
Article
The Impact of Digital Technology Innovation Network Embedding on Firms’ Innovation Performance: The Role of Knowledge Acquisition and Digital Transformation
by Chengwei Ge, Wendong Lv and Junli Wang
Sustainability 2023, 15(8), 6938; https://doi.org/10.3390/su15086938 - 20 Apr 2023
Cited by 9 | Viewed by 2842
Abstract
In the digital economy context, enterprises’ competitive environment is changing rapidly. Historically, enterprises rely on a solitary fight to occupy the market. Now, enterprises should actively embed into digital technology innovation networks to maximize access to external digital technology knowledge resources through organizational [...] Read more.
In the digital economy context, enterprises’ competitive environment is changing rapidly. Historically, enterprises rely on a solitary fight to occupy the market. Now, enterprises should actively embed into digital technology innovation networks to maximize access to external digital technology knowledge resources through organizational cooperation and achieve the absorption of digital resources and technologies. However, the relationship between digital technology innovation network embedding and innovation performance still needs to be clarified. Therefore, this study adopts the “structure–behavior–performance” research paradigm to extend innovation network research to the digital technology innovation network context, aiming to explore the impact of digital technology innovation network embedding on enterprise innovation performance and to analyze the mediating effect of knowledge acquisition and the moderating effect of digital transformation. This study conducts an empirical study based on Chinese A-share listed firms that undertook digital technology innovation from 2010–2021. The findings show that digital technology innovation networks’ relational and structural embedding positively affects firm innovation performance. Knowledge acquisition mediates digital technology innovation network embedding and innovation performance. Digital transformation has a moderating role between digital technology innovation network embedding and innovation performance, and different levels of digital transformation will have different effects on firms’ innovation performance. Overall, the relational and structural embedding of digital technology innovation networks can encourage enterprises to acquire more social capital and tacit knowledge and reduce R&D costs, thus improving their innovation performance. Firms should focus on building external cooperation networks, actively establishing an excellent corporate image, strengthening communication and cooperation with network members, establishing mutually beneficial cooperation beliefs, and promoting digital transformation. The present results will help companies understand the impact of digital technology innovation networks and provide a reference for companies to utilize in digital transformation to improve their innovation performance. Full article
(This article belongs to the Special Issue Digital Business Innovation and Strategy)
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14 pages, 1484 KiB  
Article
State of the Art of Business Models: A Bibliometric Analysis
by Rodrigo do Carmo, Carlos Jerónimo, Leandro Pereira, Álvaro Dias and Vânia Patricio
Sustainability 2023, 15(5), 4482; https://doi.org/10.3390/su15054482 - 02 Mar 2023
Cited by 1 | Viewed by 2173
Abstract
Various studies have investigated the business model (BM) in different dimensions. However, bibliometric analyses in this discipline are still limited. This study aims to conduct a bibliometric analysis of business model research, identifying the state of the art, trends, and other indicators by [...] Read more.
Various studies have investigated the business model (BM) in different dimensions. However, bibliometric analyses in this discipline are still limited. This study aims to conduct a bibliometric analysis of business model research, identifying the state of the art, trends, and other indicators by analyzing articles published on the Web of Science (WoS) platform from 2017 to 2022. The present study examines the simultaneous occurrence of publications by year, keyword trends, bibliographic coupling, analysis of co-authorship, cities, and institutions, and finds that the literature on business models rapidly expanded between 2017 and 2020. A total of 14,881 articles were obtained as samples. The present study employs VOSviewer software to analyze the data. A considerable amount of literature has been produced on BMs, but researchers have stopped developing further literature which is thought-provoking. Based on the findings of this study, it is concluded that there is a need to research BMs in different domains such as sustainability and digitalization. Full article
(This article belongs to the Special Issue Digital Business Innovation and Strategy)
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17 pages, 702 KiB  
Article
The Mediating and Moderating Effects of Top Management Support on the Cloud ERP Implementation–Financial Performance Relationship
by Olakunle Jayeola, Shafie Sidek, Zulkiflee Abdul-Samad, Nornajihah Nadia Hasbullah, Saiful Anwar, Nguyen Binh An, Vu Thi Nga, Omar Al-Kasasbeh and Samrat Ray
Sustainability 2022, 14(9), 5688; https://doi.org/10.3390/su14095688 - 08 May 2022
Cited by 7 | Viewed by 4075
Abstract
Cloud enterprise resource planning (ERP) is one of the most sought-after information technology (IT) solutions for improving business performance due to its affordability, scalability, and pay-per-use subscription model. The impact of cloud ERP implementation on business performance, on the other hand, remains inconclusive. [...] Read more.
Cloud enterprise resource planning (ERP) is one of the most sought-after information technology (IT) solutions for improving business performance due to its affordability, scalability, and pay-per-use subscription model. The impact of cloud ERP implementation on business performance, on the other hand, remains inconclusive. Additionally, an important factor that transverses all organizational processes, including IT implementation, is top management support (TMS). However, the TMS’s role in the latter stage (business value realization) of cloud ERP implementation is unclear. The purpose of this paper is to examine the mediating and moderating impacts of top management support (TMS) on the relationship between cloud ERP implementation and financial performance. A total of 204 small and medium enterprises (SMEs) in Malaysia were surveyed, and data analysis was conducted using partial least square structural equation modelling (PLS-SEM). The results demonstrate that TMS plays a partial mediating role in the relationship between cloud ERP implementation and financial performance and that this relationship is significantly stronger in SMEs with low TMS levels. As a result, it is concluded that top management should provide the required support following successful cloud ERP implementation in order to achieve positive financial results. However, such support must be adjusted in order to avoid the deterioration of the firm’s financial performance. Full article
(This article belongs to the Special Issue Digital Business Innovation and Strategy)
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