AEPH
Home > Conferences > Vol. 4. SDIT2024 >
Research on the Development Path of Innovation Management in Technology-Driven Enterprises
DOI: https://doi.org/10.62381/ACS.SDIT2024.49
Author(s)
Yunxin Du
Affiliation(s)
Information School, The University of Sheffield, Sheffield S10 2TN, South Yorkshire, The United Kingdom
Abstract
This paper explores the development path, key influencing factors and future trends of technology-driven enterprises in innovation management, in order to reveal how they can achieve competitive advantages through effective innovation management in the context of technological change. Research shows that the innovation management of such enterprises presents significant stage characteristics. From early exploration to later product development, the optimal allocation of resources and strict screening mechanisms throughout multiple stages have improved the success rate of innovation. In addition, the management models adopted in different stages are flexible and diverse, including both agile management of fuzzy front-ends and process control in mature stages. The key factors affecting innovation management mainly include technology research and development capabilities, organizational culture, market demand and policy environment. Digitalization and intelligence have further optimized the innovation process, enabling enterprises to respond to market demand more quickly. With the widespread application of open innovation and cross-departmental collaboration, innovation management has gradually developed in an open, collaborative and sustainable direction, contributing key forces to the long-term competitiveness and social value of technology-driven enterprises.
Keywords
Technology-Driven Enterprises; Innovation Management; Development Path; Key Factors; Digitalization
References
[1]Berman, S.J., Hagan, J.: How technology-driven business strategy can spur innovation and growth. IEEE Engineering Management Review, 34, 31-31 (2006). [2]Xia, B.S.: Innovation Policies in Managing Growth for High-Tech Companies: A Tactical Synthesis of Management Insights. Int. J. Serv. Sci. Manag. Eng. Technol., 6, 33-42 (2015). [3][Hambrecht, J.: Innovation and Technology Management. Springer, 73-88 (2008). [4]Visvizi, A., Troisi, O., Grimaldi, M., Loia, F.: Think human, act digital: activating data-driven orientation in innovative start-ups. European Journal of Innovation Management, (2021). [5]Briones-Peñalver, A.J., Roca-González, J., Martínez-Martínez, I.J.: Innovation Management Based on Knowledge. Disruptive Technology, (2020). [6]Likar, B., Hafner, A., Ropret, M., Fatur, P., Pušavec, F.: Smart innovation management for better business performance. Journal of East European Management Studies, (2023). [7]Sadowski, M., Roth, A.: Technology Leadership Can Pay Off. Research-Technology Management, 42, 32-33 (1999). [8]Grinstein, A., Goldman, A.: Characterizing the technology firm: An exploratory study. Research Policy, 35, 121-143 (2006). [9]Begalov, B., Zhukovsky, A.: High-Tech Companies are the Driver of Regional Economic Development. Proceedings of the Second Conference on Sustainable Development: Industrial Future of Territories (IFT 2021), (2021). [10]Boudlaie, H., Kenarroodi, M., Nik, B.: Studying the content characteristics of New Technology-Based Firms. (2020). [11]Ansoff, H. I.: Strategic Management of Technology. Journal of Business Strategy, 7, 28-39 (1987). [12]Yaghoub, N., Pahlavani, M., Parsaei, F.: Identifying and Ranking Development Drivers of Knowledge-based Technology-Driven Companies. International Journal of Business, 11, 85-113 (2017). [13]Cho, N., Oh, J., Jung, J.: A Exploratory Study on the Performance Between Technology Innovation and Market Inclination in High-tech Enterprises. Journal of Digital Convergence, 5, 35-45 (2007). [14]Cooper, R.: Stage-gate systems: A new tool for managing new products. Business Horizons, 33, 44-54 (1990). [15]Birkinshaw, J., Mol, M.: How management innovation happens. MIT Sloan Management Review, 47, 81-88 (2006). [16]Gonzalez, W.: Applying Agile Project Management to Predevelopment Stages of Innovation. International Journal of Innovation and Technology Management, 11, 1450020 (2014). [17]Plischke, W., Heubach, J., Maier, S.: Bayer: Strategic Management of the Early Innovation Phase. (2014). [18]Szajnfarber, Z., Weigel, A.: Managing Complex Technology Innovation: The Need to Move Beyond Stages and Gates. International Journal of Space Technology Management and Innovation, 2, 30-48 (2012). [19]Xia, B. S.: Innovation Policies in Managing Growth for High-Tech Companies: A Tactical Synthesis of Management Insights. Int. J. Serv. Sci. Manag. Eng. Technol., 6, 33-42 (2015).
Copyright @ 2020-2035 Academic Education Publishing House All Rights Reserved