Recognizing Key Macro-factors of Technological Innovation Based on Leading Technology Companies’ Research

Abstract

The current state of technological development shows that most inventions arise in response to specific circumstances, such as new business risks, changes in legislation, or crisis events. Reactions to new social trends, business models, problematic processes, or competing goods and services are also some of the main drivers of technological innovation. But before these technologies are implemented, there should be adequate regulations in place to prevent them from negatively impacting businesses or society. Two main practical research objectives are the subject of this study. To analyze 100 leading technology companies to identify the main trends and issues in the field of Technology innovation management, as well as their links to economics and society. And to identify the most important technological innovation trends and the corresponding macro-factors more suitable for realistic innovation assessment. As a result of this study, the innovation progress of certain nations (China, the U.S., Japan, and the EU) was measured to a certain extent. The research focus is to depict the key macro-factors that can characterize more complex technological innovation development and certain regional differences. The important intention of this study is also to raise awareness of technological innovation and cooperation in different countries. This research study was carried out from 2022 to 2024.

Keywords

• innovation performance
• macro-innovation factors
• technology innovation management
• global innovation competition
• economic growth