Inese Mavlutova , Aivars Spilbergs , Inna Romanova , Jekaterina Kuzmina , Andris Fomins , Atis Verdenhofs , Andris Natrins
{"title":"The role of green digital investments in promoting sustainable development goals and green energy consumption","authors":"Inese Mavlutova , Aivars Spilbergs , Inna Romanova , Jekaterina Kuzmina , Andris Fomins , Atis Verdenhofs , Andris Natrins","doi":"10.1016/j.joitmc.2025.100518","DOIUrl":"10.1016/j.joitmc.2025.100518","url":null,"abstract":"<div><div>The study investigates how digitalization in the financial sector, implementing innovative technologies and green finance solutions, leads to achieving sustainable development goals in general and environmental sustainability that promotes the transition to green energy in particular. The study results will increase the knowledge of digital financial technologies, open IC technology innovations and green finance in achieving sustainable development goals (SDGs). The authors examined issues related to digital technologies and green finance and their impact on CO2 emissions and green energy consumption in European countries: an extensive literature review of publications on green finance, technologies, innovation and green energy was carried out. Tested hypotheses revealed a statistically significant impact of green digital finance investments on primary energy consumption from renewable sources increase and the carbon intensity of electricity generation downfall due to digitalization and climate bonds.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 2","pages":"Article 100518"},"PeriodicalIF":0.0,"publicationDate":"2025-03-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143642464","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The transformative role of Industry 4.0 in supply chains: Exploring digital integration and innovation in the manufacturing enterprises","authors":"Md Mehedi Hasan Emon , Tahsina Khan","doi":"10.1016/j.joitmc.2025.100516","DOIUrl":"10.1016/j.joitmc.2025.100516","url":null,"abstract":"<div><div>This study explores the role of Industry 4.0 (I 4.0) technologies in enhancing supply chain performance (SCP), with a particular focus on the mediating functions of Integrated Digital Supply Chain (IDSC), Innovative Supply Chain Practices (ISCP), and supply chain visibility (SCV)<strong>.</strong> The research aims to provide a deeper understanding of how digital transformation reshapes supply chain operations by fostering connectivity, efficiency, and adaptability. A structured survey was conducted among 364 supply chain professionals, and the collected data were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) to evaluate the proposed conceptual model. The empirical findings confirm that I 4.0 adoption positively influences IDSC, ISCP, and SCV<strong>,</strong> leading to improved SCP. Notably, ISCP and SCV emerge as crucial enablers<strong>,</strong> reinforcing the transformative power of technological advancements in supply chain management. These insights highlight the importance of real-time digital integration, continuous innovation, and enhanced visibility in leveraging I 4.0 for competitive advantage. However, as the study is limited to a specific geographical and industrial context, further investigations are required across different sectors and regions to validate the findings. From a practical perspective, organizations should strategically invest in digital infrastructure, encourage innovation-driven practices, and strengthen supply chain transparency to maximize the benefits of I 4.0 technologies. This research contributes to the literature by offering a multi-dimensional perspective on the interplay between digital transformation and supply chain effectiveness, particularly within a developing economy<strong>.</strong></div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 2","pages":"Article 100516"},"PeriodicalIF":0.0,"publicationDate":"2025-03-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143610519","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Investigating banks’ social media content and consumer reactions with machine learning","authors":"Gombos Nóra, Julianna , Vlaszov Artúr , Bíró-Szigeti Szilvia , Molontay Roland","doi":"10.1016/j.joitmc.2025.100512","DOIUrl":"10.1016/j.joitmc.2025.100512","url":null,"abstract":"<div><h3>Purpose</h3><div>The research examines the Twitter (X) accounts of 20 retail banks in the USA, selected from the Top 100 banks on Twitter, over the period of 2012–2022, focusing on consumer reactions to posts. By analysing 136,150 tweets, the study aims to explore how banks utilize Twitter, and examine the effects of the visual and textual elements used in their posts on consumers.</div></div><div><h3>Design/methodology/approach</h3><div><strong>–</strong> Text and image analysis of the Twitter accounts available to the public was performed using different natural language processing methods (topic analysis, sentiment analysis), computer vision techniques (object detection, optical character recognition, image captioning), and statistical and machine learning models (linear and logistic regression, Catboost). The research investigates how certain brand identity elements (e.g. words, colours, visual elements, symbols) in retail banks' Twitter posts trigger consumer reactions (likes).</div></div><div><h3>Findings</h3><div><strong>–</strong> We found that although some factors statistically significantly increase the popularity of a post, there is no well-identified, general brand identity element that has a commercially relevant impact on consumer responses, i.e., the popularity of a post.</div></div><div><h3>Originality/value</h3><div>The study sheds new light on the effectiveness of social media tactical tools and strategies in the banking sector, which are common knowledge in the general marketing practice, focusing on popular posting activities.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 2","pages":"Article 100512"},"PeriodicalIF":0.0,"publicationDate":"2025-03-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143643138","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Hery Winoto Tj , Joshi Maharani Wibowo , Bernard T. Widjaja
{"title":"Human capital, competitive advantage, and business performance: A study of Indonesian hospitals","authors":"Hery Winoto Tj , Joshi Maharani Wibowo , Bernard T. Widjaja","doi":"10.1016/j.joitmc.2025.100515","DOIUrl":"10.1016/j.joitmc.2025.100515","url":null,"abstract":"<div><div>This study intends to prove and analyze three causal relationships in Indonesian hospitals. The first is the impact of human capital (HC) and competitive advantage (COMAD) on business performance. The second is the influence of HC on COMAD. The last is the mediating effect of COMAD on the association between HC and business performance. Furthermore, to implement this intention, this study uses medical doctors as the managers of hospitals in several locations in Indonesia with a quantitative approach based on statistical hypothesis testing. Because of the unidentified population, this study employs the snowball sampling technique, where the required theory verification determines the total samples. Providentially, this study can obtain 250 samples based on the survey; therefore, the covariance-based structural equation model is used to prove the formulated hypotheses, and the results demonstrate that Human Capital (HC) and Competitive Advantage (COMAD) positively affect Business Performance (BP). Also, HC positively influences COMAD. COMAD is proven to be a mediating variable based on the Sobel testing outcome. Based on these proofs, this study suggests that the related persons, especially medical doctors in hospitals, must be updated with new illness knowledge, supported by contemporary facilities, and how to cure related patients. By doing these, it bring an everlasting value to construct hospital business and strategy which unique solely for Indonesia hospital and sought by consumers.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 2","pages":"Article 100515"},"PeriodicalIF":0.0,"publicationDate":"2025-03-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143610007","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Sandra Maycotte , Aldo Alvarez-Risco , Emma Garcia-Valenzuela , Masa Kuljis
{"title":"Digital capabilities in emerging market firms: Construct development, scale validation, and implications for SMEs","authors":"Sandra Maycotte , Aldo Alvarez-Risco , Emma Garcia-Valenzuela , Masa Kuljis","doi":"10.1016/j.joitmc.2025.100513","DOIUrl":"10.1016/j.joitmc.2025.100513","url":null,"abstract":"<div><div>New digital technologies are changing how firms conduct business, and developing digital capabilities is becoming increasingly crucial for resource-constrained firms in emerging markets to remain competitive upon digital disruption. However, despite this recognized necessity, there is still a limited understanding of the factors driving the development of digital capabilities in these firms, given the difference in the success rates of digital technology implementation. Employing a multi-study approach involving a quantitative survey, this work conceptualizes the development of digital capabilities in small and medium enterprises (SMEs). It validates and proposes a multi-item measurement scale (ORGDIGCAP) for assessing digital capabilities in SMEs. The scale proposes three dimensions: learning, adoption, and integration of digital technologies. However, the adoption dimension was not relevant in measuring digital capabilities. Using data from 137 SMEs in Mexico, we test the direct relationship between firm digital capabilities and digital agility and their indirect relationship through the mediating mechanism of digital strategy. Our findings provide insights into the role of digital capability advancement and digital strategy formulation in fostering digital agility for the competitiveness of SMEs in the digital age. This study contributes to understanding the key drivers of digital capability development in emerging market SMEs. It highlights the essential measures these businesses must take to succeed in the current unpredictable digital marketplace.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 2","pages":"Article 100513"},"PeriodicalIF":0.0,"publicationDate":"2025-03-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143643050","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Geraldo Cardoso de Oliveira Neto , Oseias do Prado Soares , Benny Kremer Costa , Rodrigo Neri Bueno da Silva , Priscila Rezende da Costa , Roberto Bernardes , Flávio Luiz Rodrigues , André Silva de Carvalho , Dirceu da Silva
{"title":"Impact measuring the of technological innovation driven by co-creation of value on the performance of multinationals in emerging markets","authors":"Geraldo Cardoso de Oliveira Neto , Oseias do Prado Soares , Benny Kremer Costa , Rodrigo Neri Bueno da Silva , Priscila Rezende da Costa , Roberto Bernardes , Flávio Luiz Rodrigues , André Silva de Carvalho , Dirceu da Silva","doi":"10.1016/j.joitmc.2025.100511","DOIUrl":"10.1016/j.joitmc.2025.100511","url":null,"abstract":"<div><div>The co-creation of value is a key strategy for fostering technological innovation; however, its integration into daily business practices remains limited. Technological innovations arising from co-creation of value result from collaborative efforts between businesses and key stakeholders, driving improvements in both operational and economic/financial performance. This study aims to evaluate whether adopting co-creation of value facilitates technological innovation in multinational automotive companies in Brazil, thereby enhancing their operational and economic/financial outcomes. A survey-based study was conducted with more than 105 experts from multinational automotive companies in Brazil, employing structural equation modeling analysis. The findings demonstrate that the co-creation of value fosters technological innovation, which in turn enhances operational and financial/economic performance. This study advances the field by highlighting the critical role of active customer and supplier engagement in driving innovation across organizational, product, and process domains within emerging markets. Furthermore, it provides actionable insights for managers, emphasizing the importance of implementing continuous feedback systems, offering customer support, and fostering close collaboration with stakeholders to optimize processes, reduce costs, and enhance customer satisfaction. The study’s contributions lie in providing a robust foundation for future research and practical applications, supporting sustainable and competitive growth in dynamic business environments.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 2","pages":"Article 100511"},"PeriodicalIF":0.0,"publicationDate":"2025-03-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143629543","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Evaluating progress toward achieving the quality of employment and decent work: The development of the model","authors":"Angelina Roša , Ann Mary Aldrena , Natalja Lace","doi":"10.1016/j.joitmc.2025.100510","DOIUrl":"10.1016/j.joitmc.2025.100510","url":null,"abstract":"<div><div>The present paper examines factors influencing the creation of a supportive and dignified work environment and evaluates progress towards decent work and quality employment. The following questions are addressed 1) What external factors are prerequisites for creating conditions for decent work and quality employment in the company? 2) What management practices and models encourage the creation of decent working conditions at the organizational level? 3)How does a decent work environment influence the company's sustainable development and employees' well-being? Data were collected from Scopus and Web of Science with VOSviewer for bibliometric and thematic analysis. Triangulation was carried out to integrate all obtained results and develop a conceptual model for evaluating progress toward achieving decent work and quality employment. The proposed model reflects preconditions, including ethical values, gender equality, open innovation models, and educational alignment. Key drivers such as practices fostering an ethical environment, shared decision-making, social security and protection, labor standards, and autonomy at work are highlighted. Job satisfaction, well-being, and quality of life were identified as consequences of decent working conditions. Practical implications are provided by providing company management with a tool comprising a set of factors to determine the extent to which a company is moving toward a favorable work environment. The theoretical contribution is that this study expands the understanding of how systemic factors are interrelated to form a decent workplace culture. The proposed model adds value and provides insights to business leaders, policymakers, and researchers on how to promote sustainable employment practices. Keywords: decent work, employment quality, sustainable development, innovation, conceptual model.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 2","pages":"Article 100510"},"PeriodicalIF":0.0,"publicationDate":"2025-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143680988","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Tolulope T. Osinubi , Folorunsho M. Ajide , Munacinga Simatele
{"title":"What role does digitalization play in the entrepreneurship-sustainable development nexus in Africa?","authors":"Tolulope T. Osinubi , Folorunsho M. Ajide , Munacinga Simatele","doi":"10.1016/j.joitmc.2025.100500","DOIUrl":"10.1016/j.joitmc.2025.100500","url":null,"abstract":"<div><div>Sustainable development attempts to support the growth of individuals, communities, and cultures to attain a reasonable and equitable quality of life, healthcare, and education worldwide. Entrepreneurship and digitalization are widely acknowledged to be important in achieving sustainable development by creating job opportunities, increasing innovation, and supporting environmentally responsible corporate practices. Thus, the study explores the moderating role of digitalization in the nexus between entrepreneurship and sustainable development in Africa between 2006 and 2019. This is crucial in this era of digital technologies, especially in Africa where entrepreneurship may serve as a bedrock for economic development and growth. The study employs Driscoll and Kraay, Lewbel's two-stage least squares, and system generalized method of moments (SYGMM) techniques. The findings show that entrepreneurship positively influences sustainable development. Digitalization has a positive effect on sustainable development. Also, it acts as a complement to the entrepreneurship-sustainable development nexus, implying that digitalization enhances entrepreneurship in spurring sustainable development in Africa. Also, the findings show that both digitalization and entrepreneurship contribute to economic and social sustainability but lead to environmental degradation in Africa. The study, therefore, offers policy recommendations for policymakers, especially in African countries.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 1","pages":"Article 100500"},"PeriodicalIF":0.0,"publicationDate":"2025-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143551039","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Mutualism between incumbents and startups in emerging economies: Partner selection in David and Goliath relationships","authors":"Shigeki Kanemoto , Taro Sugihara , Masaharu Tsujimoto","doi":"10.1016/j.joitmc.2025.100507","DOIUrl":"10.1016/j.joitmc.2025.100507","url":null,"abstract":"<div><div>Collaboration between large enterprises and startups is a distinct partnership that drives innovation by combining startups' agility and risk-taking with enterprises' resources and experience. While the literature on partner selection focuses primarily on developed economies, there is limited research on this topic in the context of emerging economies. This study addresses this gap by exploring the key factors that enable startups in Vietnam, an emerging economy, to secure partnerships with large enterprises. Using nine cases, we examine the aims and criteria prioritized by large enterprises in Vietnam when selecting a partner from among startups. This study contributes to the literature by providing new insights into the dynamics of collaboration between large enterprises and startups in emerging economies and offers the first empirical examination of partner selection in this context. This study also offers practical implications for entrepreneurs by highlighting key factors that increase the likelihood of successful partnerships or investments between startups and large enterprises in emerging economies.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 1","pages":"Article 100507"},"PeriodicalIF":0.0,"publicationDate":"2025-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143527549","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Nexus between business development service and women entrepreneurs’ performance: Implication for MSMEs growth and inclusive economic development in Ethiopia","authors":"Kindineh Sisay , Shita Molla , Lidiya Mekonnen , Zerihun Gadisa","doi":"10.1016/j.joitmc.2025.100514","DOIUrl":"10.1016/j.joitmc.2025.100514","url":null,"abstract":"<div><div>In many Micro, Small, and Medium Enterprises (MSMEs) studies, the focus tends to be on assessing issues related to access to finance as a primary challenge to their development. Nevertheless, studies on non-financial services i.e., Business Development Services (BDSs) that might help to tackle many non-financial challenges MSMEs face and promote their growth through enhanced competitiveness is often ignored. This study therefore shed lights the effect of BDS on the performance and growth of women owned MSMEs and factors that impede their decision to use BDS. To do so, a cross sectional data from 412 MSME owner women’s found in Eastern part of Ethiopia was used. The data was analyzed using PSM and ESR model. Analysis results of these models shows that BDS users’ capital, annual income, and number of employees are increased by 75208 ETB, 33964 ETB, and 5.69 individuals, because of the service, respectively. Therefore, policymakers and development practitioners should consider promoting the accessibility and effectiveness of BDS to empower women owned MSMEs and promote inclusive economic growth. As both logit and probit model result indicates, MSME owner women’s decision to use BDS is positively determined by the manager status, government and/or NGO support, size of working place, credit, awareness in BDS, tenure or work place secureness and age of the manager, and negatively by education level of the manager. The study recommends providing networking opportunities for non-aware business enterprises by connecting with BDS providers and other successful BDS user enterprises.</div></div>","PeriodicalId":16678,"journal":{"name":"Journal of Open Innovation: Technology, Market, and Complexity","volume":"11 1","pages":"Article 100514"},"PeriodicalIF":0.0,"publicationDate":"2025-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143592313","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}