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Vol. 5 No. 1 (2026): Startupreneur Business Digital (SABDA)

Issue Published : January 30, 2026
Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Cyberpreneurial Mindset as a Driver of Digital Startup Success in Emerging Digital Economies

https://doi.org/10.33050/sabda.v5i1.1046
Danny Manongga
Satya Wacana Christian University
https://orcid.org/0000-0002-7430-8740
Ivan Kovac
Eduaward Incoporation
https://orcid.org/0000-0002-0619-4809
Muhtarom
University of Terbuka
https://orcid.org/0009-0002-1497-9574

Corresponding Author(s) : Muhtarom

muhtarom@ecampus.ut.ac.id

Startupreneur Business Digital (SABDA Journal), Vol. 5 No. 1 (2026): Startupreneur Business Digital (SABDA)
Article Published : April 9, 2026

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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.

Keywords

Cyberpreneurial Mindset Digital Startup Success Digital Economy Strategic Agility

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Manongga, D., Kovac, I., & Muhtarom. (2026). Cyberpreneurial Mindset as a Driver of Digital Startup Success in Emerging Digital Economies. Startupreneur Business Digital (SABDA Journal), 5(1), 67–77. https://doi.org/10.33050/sabda.v5i1.1046
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References
  1. [1] S. Albaqami, M. Nekovee, and I. Khan, “The future of iot security in saudi arabian startups: A position paper.” International Journal of Advanced Computer Science & Applications, vol. 15, no. 11, 2024.
  2. [2] F. Sutisna, N. Lutfiani, E. Anderson, D. Danang, and M. O. Syaidina, “E-commerce and digital marketing strategies: Their impact on startupreneur performance using pls-sem,” IAIC Transactions on Sustainable Digital Innovation (ITSDI), vol. 6, no. 2, pp. 215–223, 2025.
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  14. [14] A. H. D. Saputra, S. N. W. Putra, and D. Bennet, “Consumer behavior and brand loyalty: A study on digital marketing practices,” Startupreneur Business Digital (SABDA Journal), vol. 3, no. 2, pp. 160–170, 2024.
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  21. [21] S.-C. Chen, I. Yati, and E. A. Beldiq, “Advancing production management through industry 4.0 technologies,” Startupreneur Business Digital (SABDA Journal), vol. 3, no. 2, pp. 181–192, 2024.
  22. [22] T. A. Safitri, M. Syahrin et al., “Financial risk management strategies for startups in the digital era,” International Journal of Economic Literature, vol. 2, no. 1, pp. 2669–2682, 2024.
  23. [23] B. Djatmiko, M. Galinium, and N. Lutfiani, “The role of a variety of research studies on problem man- agement,” Aptisi Transactions On Management, vol. 2, no. 1, pp. 9–19, 2018.
  24. [24] A. A. Adepoju, A. O. Thomas, and A. Mohammed, “Impact of cybersecurity innovation on entrepreneur- ship development,” 2025.
  25. [25] A. Sreenivasan and M. Suresh, “Digital transformation in start-ups: a bibliometric analysis,” Digital Transformation and Society, vol. 2, no. 3, pp. 276–292, 2023.
  26. [26] S. Suhane, “A study on the role of digital innovation in fostering entrepreneurial success in small and medium enterprises (smes),” Available at SSRN 4820410, 2024.
  27. [27] T. Antretter, I. Blohm, and D. Grichnik, “Predicting startup survival from digital traces: Towards a proce- dure for early stage investors,” 2018.
  28. [28] P. Gazzola, S. Amelio, E. Pavione, and F. Marubini, “Strategic innovation in the italian cyber security startups,” TECHNOLOGY AND SOCIETY: Boon or Bane?, p. 87, 2025.
  29. [29] A. Moeins, S. Sudaryono, and A. Khoirunisa, “Utilization of management of writing scientific in the learning process in higher education,” Aptisi Transactions On Management, vol. 2, no. 1, pp. 1–8, 2018.
  30. [30] Y. H. Al Rahma and A. Al-Alawi, “How to evaluate success startups: Case of fintech and cybersecu- rity in the gcc venture capital market,” in 2023 International Conference On Cyber Management And Engineering (CyMaEn). IEEE, 2023, pp. 469–473.
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  36. [36] L. Emma, “The impact of technology on entrepreneurship: A case study of digital startups,” 2024.
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  40. [40] C. Zhang et al., “A study on cybersecurity start-ups: A financial approach to analyze industry trends, en- trepreneurship ecosystems and start-up exits,” Ph.D. dissertation, Massachusetts Institute of Technology, 2016.
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Read More

References


[1] S. Albaqami, M. Nekovee, and I. Khan, “The future of iot security in saudi arabian startups: A position paper.” International Journal of Advanced Computer Science & Applications, vol. 15, no. 11, 2024.

[2] F. Sutisna, N. Lutfiani, E. Anderson, D. Danang, and M. O. Syaidina, “E-commerce and digital marketing strategies: Their impact on startupreneur performance using pls-sem,” IAIC Transactions on Sustainable Digital Innovation (ITSDI), vol. 6, no. 2, pp. 215–223, 2025.

[3] H. Akhila Pai, “Digital startups and women entrepreneurship: A study on status of women entrepreneurs in india,” IJRAR-International Journal of Research and Analytical Reviews, vol. 5, no. 4, pp. 655–659, 2018.

[4] National Research and Innovation Agency (BRIN). (2025) Supporting digital transforma- tion, brin develops a public participation-based government service evaluation system. Accessed: March 27, 2026. [Online]. Available: https://www.brin.go.id/news/124335/ dukung-transformasi-digital-brin-kembangkan-sistem-evaluasi-layanan-pemerintah-berbasis-partisipasi-publik

[5] R. K. Maurya, S. R. Maurya, and V. Yewale, “Closing the digital gap: Rural and urban communities’ e-government options,” in Startup-driven e-government: Digital innovation for sustainable ecosystems. IGI Global Scientific Publishing, 2025, pp. 147–182.

[6] D. Kundana et al., “Data driven analysis of borobudur ticket sentiment using na¨ıve bayes.” Aptisi Transactions on Technopreneurship (ATT), vol. 5, no. 2sp, pp. 221–233, 2023.

[7] D. Alzaabi, “The impact of technology and digital transformation on innovation in the uae,” Int J Technol Syst, vol. 8, no. 2, pp. 82–99, 2023.

[8] U. Memon, M. Waseem, M. Zain ul Abidin, Z. Junejo, and M. Ali, “Turning crisis into opportunity: the emergence of cyber risk takaful in the digital world,” Emerald Emerging Markets Case Studies, pp. 1–24, 2024.

[9] R. Kurniaji, N. Azizah, and M. Yusup, “The influence branding of social media to improve digital business in training and consulting on instagram,” Startupreneur Business Digital (SABDA Journal), vol. 3, no. 2, pp. 171–180, 2024.

[10] R. A. Sunarjo, M. H. R. Chakim, S. Maulana, and G. Fitriani, “Management of educational institutions through information systems for enhanced efficiency and decision-making,” International Transactions on Education Technology (ITEE), vol. 3, no. 1, pp. 47–61, 2024.

[11] J. C. Goldsack and C. A. Zanetti, “Defining and developing the workforce needed for success in the digital era of medicine,” Digital biomarkers, vol. 4, no. Suppl 1, p. 136, 2020.

[12] H. Fatorachian, B. O’Higgins, A. Maldonado, C. Lyons, H. Willis, L. Abbott, and M. Brooks, “Navigating the challenges of fintech startups in the b2c market,” Cogent Business & Management, vol. 12, no. 1, p. 2446696, 2025.

[13] I. A. Supriyono, I. Sembiring, A. Setiawan, I. Setyawan, T. Wellem, I. Hizbuloh et al., “Implementation of wireless user authentication using wlc-forti framework,” Aptisi Transactions on Technopreneurship (ATT), vol. 5, no. 2sp, pp. 234–242, 2023.

[14] A. H. D. Saputra, S. N. W. Putra, and D. Bennet, “Consumer behavior and brand loyalty: A study on digital marketing practices,” Startupreneur Business Digital (SABDA Journal), vol. 3, no. 2, pp. 160–170, 2024.

[15] R. Ningsih and W. Murti, “Innovation of business models in the digital economy: A case study of start-up companies.” Journal of Comprehensive Science (JCS), vol. 3, no. 12, 2024.

[16] Ministry of Communication and Digital Affairs of the Republic of Indonesia. (2025) Kominfo strengthens the national digital ecosystem. Accessed: March 27, 2026. [Online]. Available: https://www.komdigi.go.id/berita/artikel/detail/kominfo-perkuat-ekosistem-digital-nasional

[17] B. Saha and Z. Anwar, “A review of cybersecurity challenges in small business: The imperative for a future governance framework,” Journal of Information Security, vol. 15, no. 01, pp. 24–39, 2024.

[18] D. Rachmawatie, Erwin, and H. Nisa, “Determining factors for digital start-up business development in the socio-economics challenges,” in International Conference on Advanced Research in Technologies, Information, Innovation and Sustainability. Springer, 2024, pp. 3–17.

[19] C. D. Freilich, M. S. Cohen, and G. Siboni, Israel and the cyber threat: How the startup nation became a global cyber power. Oxford University Press, 2023.

[20] S. S. Dasawat and S. Sharma, “Cyber security integration with smart new age sustainable startup business, risk management, automation and scaling system for entrepreneurs: An artificial intelligence approach,” in 2023 7th international conference on intelligent computing and control systems (ICICCS). IEEE, 2023, pp. 1357–1363.

[21] S.-C. Chen, I. Yati, and E. A. Beldiq, “Advancing production management through industry 4.0 technologies,” Startupreneur Business Digital (SABDA Journal), vol. 3, no. 2, pp. 181–192, 2024.

[22] T. A. Safitri, M. Syahrin et al., “Financial risk management strategies for startups in the digital era,” International Journal of Economic Literature, vol. 2, no. 1, pp. 2669–2682, 2024.

[23] B. Djatmiko, M. Galinium, and N. Lutfiani, “The role of a variety of research studies on problem man- agement,” Aptisi Transactions On Management, vol. 2, no. 1, pp. 9–19, 2018.

[24] A. A. Adepoju, A. O. Thomas, and A. Mohammed, “Impact of cybersecurity innovation on entrepreneur- ship development,” 2025.

[25] A. Sreenivasan and M. Suresh, “Digital transformation in start-ups: a bibliometric analysis,” Digital Transformation and Society, vol. 2, no. 3, pp. 276–292, 2023.

[26] S. Suhane, “A study on the role of digital innovation in fostering entrepreneurial success in small and medium enterprises (smes),” Available at SSRN 4820410, 2024.

[27] T. Antretter, I. Blohm, and D. Grichnik, “Predicting startup survival from digital traces: Towards a proce- dure for early stage investors,” 2018.

[28] P. Gazzola, S. Amelio, E. Pavione, and F. Marubini, “Strategic innovation in the italian cyber security startups,” TECHNOLOGY AND SOCIETY: Boon or Bane?, p. 87, 2025.

[29] A. Moeins, S. Sudaryono, and A. Khoirunisa, “Utilization of management of writing scientific in the learning process in higher education,” Aptisi Transactions On Management, vol. 2, no. 1, pp. 1–8, 2018.

[30] Y. H. Al Rahma and A. Al-Alawi, “How to evaluate success startups: Case of fintech and cybersecu- rity in the gcc venture capital market,” in 2023 International Conference On Cyber Management And Engineering (CyMaEn). IEEE, 2023, pp. 469–473.

[31] T. A. V¨olk, D. Gao, T. D¨user, and A. Albers, “Developing cyber-physical systems as entrepreneurs: Agile development in startups and smes,” in The Proceedings of the 20th European Conference on Innovation and Entrepreneurship, 2025, p. 785.

[32] V. Chandna and P. Tiwari, “Cybersecurity and the new firm: Surviving online threats,” Journal of Business Strategy, vol. 44, no. 1, pp. 3–12, 2023.

[33] M. Alauthman, A. Almomani, A. Al-Qerem, A. Al Maqousi, and A. Aldweesh, “Cybersecurity challenges in startup-driven digital governance ecosystems: Strategies and solutions,” in Startup-Driven E- Government: Digital Innovation for Sustainable Ecosystems. IGI Global Scientific Publishing, 2025, pp. 633–658.

[34] L. Joe, “The rise of cybersecurity startups trends and innovations,” International Journal of Advanced Engineering Technologies and Innovations, vol. 1, no. 4, pp. 145–152.

[35] G. Silva, G. Godwin, and O. Jayanagara, “The impact of ai on personalized learning and educational analytics,” International Transactions on Education Technology (ITEE), vol. 3, no. 1, pp. 36–46, 2024.

[36] L. Emma, “The impact of technology on entrepreneurship: A case study of digital startups,” 2024.

[37] Z. S. Bashir and M. G. Orji, “Cyber security ventures: An assessment of entrepreneurial opportunities in protecting digital assets in nigeria,” Economit Journal: Scientific Journal of Accountancy, Management and Finance, vol. 5, no. 3, pp. 139–154, 2025.

[38] A. Davalas, C. P. Beretas, M. Tsiogka, and A. Angelaki, “The strategic importance of cybersecurity for tech startups in a digital world,” Universal Library of Engineering Technology, vol. 1, no. 2, 2025.

[39] O. Olabintan, T. Ismaila, R. Shuaib, and M. Joel, “Cyber risk management as a catalyst for youth-led digital entrepreneurship in emerging economies,” GAS Journal of Arts Humanities and Social Sciences (GASJAHSS), vol. 4, no. 1, pp. 1–11, 2026.

[40] C. Zhang et al., “A study on cybersecurity start-ups: A financial approach to analyze industry trends, en- trepreneurship ecosystems and start-up exits,” Ph.D. dissertation, Massachusetts Institute of Technology, 2016.

[41] O. P. Oyeyemi, A. J. Kess-Momoh, G. B. Omotoye, B. G. Bello, S. T. Tula, and A. I. Daraojimba, “En- trepreneurship in the digital age: A comprehensive review of start-up success factors and technological impact,” International Journal of Science and Research Archive, vol. 11, no. 1, pp. 182–191, 2024.

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P-ISSN :  2962-0279
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