Ecosystems’ approach to various research streams as an analogy is still actual. In the beginning, it represented the key point to describe the companies’ dynamics within their economic environment. However, it was more and more used as an analogy, especially in emphasizing and exploring loosely coupled networks. From this point of view, the arising business ecosystems seem to respond to the need of conceptualizing the collaborative relations across those networks. The evolution of this concept requires continuous review, especially through the lens of technological changes and the fast speed of digitalization. Thus, this paper aimed to explore the evolution from business to digital business ecosystems especially based on the processes view within the digital transformation and the dynamic capabilities’ view. To explore the most important research streams in this field there was applied morphological analysis based on literature review that represented an overview of the current trends and provided future insights for ecosystems research.