Author(s)

Huiqun Wang ¹

Affiliation(s)

¹ RWE, Yantai, 265699, Shandong, China

Corresponding Author

Huiqun Wang

ABSTRACT

The goal of this article is to deeply analyze the application and importance of technological innovation in the field of business administration of enterprises, aiming at coping with the far-reaching effects of the rapid progress of global technological innovation on the operating environment of enterprises. In the research approach, this article combs the relevant theoretical basis of technological innovation, including the theory of technological innovation and the theory of innovation diffusion, which lays a solid theoretical foundation for the subsequent analysis. Furthermore, the article analyzes the main categories and trends of current technological innovation, and discusses the far-reaching impact of technological innovation on the global economic structure and enterprise competition pattern. It is found that technological innovation is widely used at all levels of enterprise management, such as intelligent production line, big data analysis technology, artificial intelligence application and so on. These innovations significantly improve the operational efficiency of enterprises, reduce costs, enhance market competitiveness and help enterprises enhance their innovation and sustainable development capabilities. Finally, this article puts forward some strategies and suggestions on how enterprises should seize opportunities and face challenges in the tide of technological innovation in order to achieve sustainable development.

KEYWORDS

Technological innovation; Enterprise management; Operational efficiency; Competitiveness; Sustainable development

CITE THIS PAPER

Huiqun Wang, The Value of Technological Innovation in Enterprise Business Management. Industrial Engineering and Innovation Management (2025) Vol. 8: 77-82. DOI: http://dx.doi.org/10.23977/ieim.2025.080110.

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