Journal of Economicate Studies
Vol. 6 No. 2 (2022): Journal of Economicate Studies

Product Innovation, Technology Utilization, and Global Market Competitiveness

Rahayu Pradikta, Aditya (Unknown)
Nurzaman, Kadar (Unknown)



Article Info

Publish Date
25 Jun 2022

Abstract

This study investigates the synergistic relationship between product innovation, technology adoption, and global market competitiveness, with a focus on emerging economies like Indonesia. Using a qualitative approach grounded in document and thematic analysis, the research explores how firms integrate digital technologies to enhance innovation outcomes and gain strategic advantages. The theoretical foundation draws from the Innovation Systems Approach, Dynamic Capabilities Framework, and Schumpeterian Competition Theory. Findings reveal that technology acts as a critical enabler of product innovation, while innovation itself is a key driver of firm-level competitiveness. However, systemic constraints—such as fragmented policy frameworks, inadequate R&D investment, and limited human capital—hinder broader innovation capacity in emerging contexts. The study offers a conceptual model that synthesizes innovation, technological infrastructure, and institutional dynamics, contributing both theoretical insights and actionable recommendations for businesses and policymakers aiming to strengthen competitiveness through innovation-led strategies.

Copyrights © 2022






Journal Info

Abbrev

joes

Publisher

Subject

Economics, Econometrics & Finance Education Other

Description

Journal of Economicate Studies (JoES) is a publication dedicated to and focused on the scholarly study of all aspects of Economicate studies. This journal receives articles from lecturers and researchers who have the new and progressive issues on scholarly study of all aspects of Economicate ...