The role of innovation management and technological development on the efficiency and competitiveness of industrial enterprises
The role of innovation management and technological development on the efficiency and competitiveness of industrial enterprises

Author(s): Yordan Yordanov
Subject(s): Economy, Business Economy / Management, Green Transformation
Published by: Международно висше бизнес училище
Keywords: economic growth; sustainability; microelectronics; innovation
Summary/Abstract: The current report examines technological development and innovation management in the field of microelectronics, considering the impact of technological innovations on the industry in light of global challenges such as digitization, economic turbulence, and the need for reorganization of production capacities in accordance with the new regulations of the EU. The aim of the study is to present effective and optimal solutions and approaches that foster sustainable growth and competitiveness in the microelectronics sector. The methodology includes assessing the role of strategic innovation management in enhancing efficiency and competitiveness through the swift and flexible implementation of technological innovations. Additionally, it involves applying market segmentation methodology to the microelectronics market by sectors to analyze consumer behaviour and evaluate the impact of investments within a dynamic economic environment with limited production factors. The results of the report provide significant insights and recommendations for the sustainable development of companies in the sector, emphasising the connection between economic growth and sustainability in microelectronics.

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