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Enhancing Circular Economy with Digital Technologies: A PLS-SEM Approach Williams, Jack; Prawiyogi, Anggy Giri; Rodriguez, Miguel; Kovac, Ivan
International Transactions on Education Technology (ITEE) Vol. 2 No. 2 (2024): International Transactions on Education Technology (ITEE)
Publisher : Pandawan Sejahtera Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33050/itee.v2i2.590

Abstract

This study investigates the transformative potential of the digital economy in fostering the principles of a circular economy. Utilizing the SmartPLS methodology, we explore key determinants that drive the transition towards a sustainable economic framework and assess their impacts on both environmental sustainability and economic resilience. Our analysis highlights that the integration of digital technologies, such as IoT, blockchain, and AI, within circular economy practices can significantly enhance resource efficiency, reduce waste, and promote sustainable economic growth. These technologies enable better tracking and management of resources, facilitating closed-loop systems that are essential for a circular economy. However, our findings also identify substantial challenges, including concerns over data security, digital divide, and unequal access to advanced technologies, which may hinder the equitable distribution of benefits. The study underscores the importance of an integrated policy approach that combines technological innovation with supportive regulatory frameworks to address these challenges and maximize the benefits of digital integration. Policymakers are encouraged to develop strategies that not only foster technological advancements but also ensure inclusive access and address security issues. This research provides comprehensive insights for stakeholders, including governments, businesses, and academia, in designing effective strategies and policies aimed at promoting a sustainable circular economy in the digital era. By aligning digital advancements with circular economy principles, we can pave the way towards achieving sustainable development goals and creating a resilient economic future.
Analyzing Determinants of Consumer Purchasing Behavior toward Solar Panels in Indonesia Hermawan, Dadang; Audiah, Sipah; Faizal Fazri, Muhammad; Kovac, Ivan
IAIC Transactions on Sustainable Digital Innovation (ITSDI) Vol 7 No 1 (2025): October
Publisher : Pandawan Sejahtera Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34306/itsdi.v7i1.709

Abstract

The growing global emphasis on sustainable energy, combined with the relatively slow adoption of solar technology in Indonesia, underscores the necessity of understanding consumer purchasing behavior toward renewable energy products. This study aims to identify and analyze the determinants influencing consumer purchasing behavior toward solar panels in Indonesia using the SmartPLS approach. Data were collected through an online survey targeting individuals who are interested in or have previously purchased solar panels. The SmartPLS method was employed to examine the relationships among key variables, including perceptions of sustainability and environmental benefits, knowledge and information regarding solar panels, economic factors such as price and promotional strategies, and consumer demographic characteristics. The analysis revealed that sustainability perception, knowledge, and economic considerations significantly influence consumers purchase intentions. Furthermore, demographic variables such as age, income, and education were found to shape consumer attitudes and purchasing behavior. These findings offer valuable insights into the behavioral dynamics underlying solar panel adoption in Indonesia and provide practical implications for policymakers and industry stakeholders in designing effective marketing strategies and policy frameworks to accelerate renewable energy adoption nationwide.
Cyberpreneurial Mindset as a Driver of Digital Startup Success in Emerging Digital Economies Manongga, Danny; Kovac, Ivan; Muhtarom
Startupreneur Business Digital (SABDA Journal) Vol. 5 No. 1 (2026): Startupreneur Business Digital (SABDA)
Publisher : Pandawan Sejahtera Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33050/sabda.v5i1.1046

Abstract

The rapid expansion of the digital economy has intensified competition among digital startups, yet high failure rates indicate that technological access alone is insufficient to ensure long-term success. While prior studies emphasize digital innovation and technological capability, limited research explains how the cyberpreneurial mindset functions as a strategic intangible resource that drives sustainable startup performance. Grounded in the Resource-Based View (RBV) and Dynamic Capability Theory (DCT), this study investigates how cyberpreneurial mindset dimensions of digital adaptability, opportunity recognition, innovation orientation, and calculated risk-taking contribute to digital startup success through the mediating role of strategic agility. This research addresses the gap concerning the cognitive behavioral foundations of digital entrepreneurial performance in emerging digital ecosystems. A quantitative approach was em- ployed using survey data collected from founders and top managers of digital startups. The data were analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM) to test both direct and mediating relationships among constructs. The findings demonstrate that cyberpreneurial mindset significantly influences digital startup success, particularly through digital adaptability and innovation orientation. The study concludes that cyberpreneurial mindset rep- resents a valuable, rare, and inimitable intangible resource that strengthens a startup’s dynamic capabilities, enabling firms to sense, seize, and transform opportunities in volatile digital environments. This research contributes theoretically by integrating RBV and Dynamic Capability Theory into cyberpreneurship literature and provides managerial implications for digital entrepreneurs seeking sustainable growth in emerging economies.