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Innovation and Technology: The Age of the Digital Enterprise

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Managing Corporate Innovation

Part of the book series: Contributions to Management Science ((MANAGEMENT SC.))

Abstract

With the digital age, the concept of technology has undergone powerful changes that lead to a reconsideration of all the criteria with which companies can actually implement innovation. Compared to the last century, the tools available to the company have changed widely but, above all, the managerial strategies that can be used to follow a path of innovation and development have changed.

This chapter therefore analyzes the resources available today, such as human capital, represented according to criteria of classification by sector competence, access to new technologies, the digitization of processes, the principles of e-business, and the use of the Internet. The statistics compiled at European level by the Digital Economy and Society Index already show clear disparities in the use of these essential tools for the technological and innovative development of businesses. Therefore, this classification shows how the gaps present today between countries in terms of diffusion of technological resources on the market are closely related to the intuition of companies to adopt them and be able to manage them. From this assumption, the section has the opportunity to further highlight the diffusion levels of the so-called techno–corporate gap.

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Notes

  1. 1.

    Referred to a connection that offers at least 30 Mbps in download phase.

  2. 2.

    The “minimum price” a potential user is willing to pay for a fixed basic broadband connection.

  3. 3.

    Wireless fidelity (more commonly known as Wi-fi) allows you to connect at high speed (broadband) using radio waves while the Worldwide Interoperability for Microwave Access (Wi-Max) also reaches long distances (up to 74 Mbit/s within a radius of about 50 km).

  4. 4.

    Term coined in 1998 by the architect Pierpaolo Saporito, President and Founder of the Observatory on Digital Communication.

  5. 5.

    The term Digitization of Business indicates the level of integration of digital technologies by companies in a country, while e-Commerce indicates the degree of exploitation of the online sales channel by small and medium enterprises in the country under consideration.

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Rangone, A. (2020). Innovation and Technology: The Age of the Digital Enterprise. In: Managing Corporate Innovation. Contributions to Management Science. Springer, Cham. https://doi.org/10.1007/978-3-030-31768-3_3

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