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Sustainable Competitive Advantage Through Technological Innovation: An Introduction

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Technological Sustainability and Business Competitive Advantage

Part of the book series: Internet of Things ((ITTCC))

Abstract

This paper aims to explore the best available technological innovations that make organizations in private and public sectors create sustainable competitive advantage. More recent technological applications are discussed making the link between such applications and benefits that can come out of such applications. Findings revealed that using a disruptive technology such as artificial intelligence (AI), Internet of Things (IoT), financial technology (FinTech), and blockchain has improved firms’ performance and standard of living. Furthermore, transformation of Industry 4.0 to Industry 5.0 would make the world even better with the notion that technology should complement human rather than replace him at work. Digital economy and renewable energy system have made the production more environmentally friendly. Technological development improves ways firms conduct their business, increases internal efficiency, and makes quality output for better customer satisfaction. It also improves standard of living of people in the society with improved services in areas such as education, healthcare, and transportation. Few studies have focused on the linkage of triple dimensions which are technology, competitive advantage, and sustainable development.

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Authors and Affiliations

  1. College of Business & Finance, Ahlia University, Manama, Bahrain

    Muneer Al Mubarak & Allam Hamdan

Authors
  1. Muneer Al Mubarak
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  2. Allam Hamdan
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Correspondence to Muneer Al Mubarak .

Editor information

Editors and Affiliations

  1. College of Business & Finance, Ahlia University, Manama, Bahrain

    Muneer Al Mubarak

  2. College of Business & Finance, Ahlia University, Manama, Bahrain

    Allam Hamdan

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Al Mubarak, M., Hamdan, A. (2023). Sustainable Competitive Advantage Through Technological Innovation: An Introduction. In: Al Mubarak, M., Hamdan, A. (eds) Technological Sustainability and Business Competitive Advantage . Internet of Things. Springer, Cham. https://doi.org/10.1007/978-3-031-35525-7_1

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  • DOI: https://doi.org/10.1007/978-3-031-35525-7_1

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-031-35524-0

  • Online ISBN: 978-3-031-35525-7

  • eBook Packages: EngineeringEngineering (R0)

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