Sustainable business model innovation can effectively cope with the complex and changing external environment in the digital economy, which is the key for enterprises to gain sustainable competitive advantage, and entrepreneurship is closely related to sustainable business models. However, the process and mechanism of the role of entrepreneurship on sustainable business model innovation are not clear in existing studies. The purpose of this article is to illustrate how entrepreneurship leads to and influences sustainable business model innovation. Based on the perspective of digital capabilities, this article adopts an exploratory single-case study to explore the new connotation of entrepreneurship and its influence mechanism on sustainable business model innovation. The study found that innovation spirit, adventure spirit, and co-benefit entrepreneurship have emerged in the digital economy. Through the inherent role of digital sensing capabilities, digital seizing capabilities, and digital transformation capabilities, sustainable business model innovation is effectively designed and implemented to achieve multidimensional value creation and capture. This article adds to the latest literature on sustainable business model innovation for enterprises through case evidence.
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