Eduvest - Journal of Universal Studies
Vol. 3 No. 5 (2023): Journal Eduvest - Journal of Universal Studies

Innovation Strategy and Product Development to Increase Company Competitiveness in Digital Era

Sayudin Sayudin (Universitas Swadaya Gunung Jati)
Aisyah Nurjanah (IAIN Syekh Nurjati Cirebon)
Aldian Yusup (Universitas Muhammadiyah Cirebon)



Article Info

Publish Date
20 May 2023

Abstract

The development of technology and digitalization affects various aspects of life, including in the business world. Competition in the business world is getting tighter, so the right product innovation and development strategy is needed to improve the company's competitiveness. Therefore, this research was conducted to understand product innovation and development strategies that can help improve the competitiveness of companies in the digital era. The purpose of this research is to analyze product innovation and development strategies that can improve the competitiveness of companies in the digital era. This research uses a qualitative approach. Data was collected through documentation studies. The data was then analyzed descriptively with content analysis techniques. The results showed that product innovation and development strategies carried out by companies in the digital era include the use of information and communication technology, product research and development, collaboration with other parties, and product diversification. These product innovation and development strategies are considered effective in increasing the company's competitiveness in the digital era

Copyrights © 2023






Journal Info

Abbrev

edv

Publisher

Subject

Aerospace Engineering Computer Science & IT Health Professions Neuroscience Social Sciences

Description

Eduvest - Journal of Universal Studies is a double blind peer-reviewed academic journal and open access to multidiciplinary fields. The journal is published monthly by Green Publisher Indonesia. Eduvest - Journal of Universal Studies provides a means for sustained discussion of relevant issues that ...