DIGITAL ECONOMY AND THE EVOLUTION OF INNOVATION MANAGEMENT PRACTICES IN ENTERPRISES

Authors

  • Saipova Dilnoza Shuxratovna Lecturer at Tashkent University of Applied Sciences

Keywords:

Digital economy, innovation management, enterprise transformation, digitalization, technological advancement, agile strategies.

Abstract

The digital economy has significantly reshaped the traditional approaches to innovation management in enterprises. Digital technologies, such as artificial intelligence, big data analytics, cloud computing, and the Internet of Things, have created new avenues for innovation while simultaneously challenging conventional management practices. This article examines how enterprises adapt their innovation strategies to meet the demands of a rapidly evolving digital landscape. The analysis identifies key trends, successful methodologies, and practical recommendations for enhancing innovation capabilities in the digital age.

References

Chesbrough, H. (2003). Open Innovation: The New Imperative for Creating and Profiting from Technology. Harvard Business Press.

Porter, M.E., & Heppelmann, J.E. (2014). How Smart, Connected Products Are Transforming Competition. Harvard Business Review.

OECD (2023). The Digital Transformation of Innovation Management. Paris: OECD Publishing.

McKinsey Global Institute (2022). The Future of Work in the Digital Economy.

World Economic Forum (2023). Global Technology Governance Report.

Published

2025-06-03

How to Cite

Saipova Dilnoza Shuxratovna. (2025). DIGITAL ECONOMY AND THE EVOLUTION OF INNOVATION MANAGEMENT PRACTICES IN ENTERPRISES. Ethiopian International Journal of Multidisciplinary Research, 12(05), 880–883. Retrieved from https://eijmr.org/index.php/eijmr/article/view/3235