Impact of Technological Adoption, Innovation Management, and Market Demand on Competitive Advantage

This study investigates the impact of technological adoption, innovation management, and market demand on competitive advantage among firms in Indonesia. Using a sample of 400 companies across various industry sectors, this research employs multiple regression analysis to determine the relationship between these variables. The results indicate that technological adoption, innovation management, and market demand significantly and positively influence competitive advantage. The findings suggest that firms that effectively adopt technology, manage innovation, and respond to market demands are more likely to achieve superior competitive positioning. These insights provide practical implications for managers and policymakers aiming to enhance business performance and competitive edge. Future research should further explore these dynamics in different contexts and consider additional influencing factors to enrich the understanding of competitive advantage.

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Publication Details

Journal
International Journal of Business Law and Education
Published
2024-08-16
DOI
https://doi.org/10.56442/ijble.v5i2.800
Citations
1
Primary Topic
Economic and Business Development Strategies
Type
article
Field-Weighted Citation Impact
1.13
Controls
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article

Impact of Technological Adoption, Innovation Management, and Market Demand on Competitive Advantage

Camelia Safitri, Mira Miranda
1 citations
International Journal of Business Law and Education
Economic and Business Development Strategies
1.13
article

Impact of Technological Adoption, Innovation Management, and Market Demand on Competitive Advantage

Camelia Safitri, Mira Miranda
article en
1 citations

Abstract

This study investigates the impact of technological adoption, innovation management, and market demand on competitive advantage among firms in Indonesia. Using a sample of 400 companies across various industry sectors, this research employs multiple regression analysis to determine the relationship between these variables. The results indicate that technological adoption, innovation management, and market demand significantly and positively influence competitive advantage. The findings suggest that firms that effectively adopt technology, manage innovation, and respond to market demands are more likely to achieve superior competitive positioning. These insights provide practical implications for managers and policymakers aiming to enhance business performance and competitive edge. Future research should further explore these dynamics in different contexts and consider additional influencing factors to enrich the understanding of competitive advantage.

International Journal of Business Law and EducationVol. 5(2)
Universitas Indraprasta PGRI (ID), Universitas Muhammadiyah Prof Dr Hamka (ID)
Industry, innovation and infrastructure
Openalex Percentile: Top 12%
Economic and Business Development Strategies
1.13
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Impact of Technological Adoption, Innovation Management, and Market Demand on Competitive Advantage — Camelia Safitri, Mira Miranda · International Journal of Business Law and Education (2024) | TGRS Research Map | TGRS