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Title:Digital future orientation, digital capability, ecosystem openness, innovation intensity, and international orientation as correlates of sustainable business model orientation and digital–sustainability alignment : evidence from Slovenia
Authors:ID Bradač Hojnik, Barbara (Author)
Files:URL https://www.mdpi.com/2079-8954/14/10/1193
 
.pdf RAZ_Bradac_Hojnik_Barbara_2026.pdf (624,62 KB)
MD5: D7E27547B806280868E3944CB3550D74
 
Language:English
Work type:Scientific work
Typology:1.01 - Original Scientific Article
Organization:EPF - Faculty of Business and Economics
Abstract:Digitalisation and sustainability are increasingly expected to reinforce one another, yet firm-level evidence does not justify treating their convergence as automatic. This study examines how digital future orientation, current digital capability, open ecosystem orientation, innovation intensity, and international orientation are associated with sustainable business model orientation (SBMO) among entrepreneurial and technology- and knowledge-intensive firms in Slovenia. A secondary analysis evaluates digital–sustainability alignment as a derived co-presence indicator rather than an independent latent construct. The study uses a 2025 organisational survey with 110 firms in the core sample and a common regression sample of 103 firms. OLS with HC3 standard errors is retained as a transparent benchmark; fractional-logit and ordered-logit models with Huber–White robust standard errors address the bounded, discrete, and zero-heavy outcome. Model 1 estimates focal associations, Model 2 adds firm-profile controls, and post-estimation contrasts test the comparative hypotheses. Open ecosystem orientation is the most stable result: it is positively associated with SBMO across all three model families, more strongly associated than internal innovation intensity, and positive across four alignment definitions. Digital future orientation is consistently positive but less precisely estimated, whereas current digital capability is not independently positively associated with SBMO. The evidence therefore supports a bounded open-systems interpretation: boundary-spanning ecosystem engagement and strategic direction are more closely associated with sustainability entering the business-model agenda than digital readiness alone, while alignment remains a derived co-presence property.
Keywords:sustainable business models, digital transformation, twin transition, ecosystem openness, digital capability, entrepreneurial firms, technology-intensive firms, fractional logit, small open economy
Publication status:Published
Publication version:Version of Record
Submitted for review:27.07.2026
Article acceptance date:15.09.2026
Publication date:22.09.2026
Year of publishing:2026
Number of pages:str. 1-22
Numbering:Vol. 14, issue 10, spec. iss., [art. no.] 1193
PID:20.500.12556/DKUM-100539 New window
UDC:005.591.6:502.131.1
ISSN on article:2079-8954
COBISS.SI-ID:292080387 New window
DOI:10.3390/systems14101193 New window
Publication date in DKUM:23.09.2026
Views:52
Downloads:1
Metadata:XML DC-XML DC-RDF
Categories:Misc.
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Record is a part of a journal

Title:Systems
Shortened title:Systems
Publisher:MDPI AG
ISSN:2079-8954
COBISS.SI-ID:523410713 New window

Document is financed by a project

Funder:Other - Other funder or multiple funders
Project number:302-14/2024
Name:Slovenian Entrepreneurship Observatory 2025–2026

Licences

License:CC BY 4.0, Creative Commons Attribution 4.0 International
Link:http://creativecommons.org/licenses/by/4.0/
Description:This is the standard Creative Commons license that gives others maximum freedom to do what they want with the work as long as they credit the author.

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