Running head: MANAGING TECHNOLOGICAL INNOVATION IN DIGITAL BUSINESS ENVIRONMENTS 1 Managing Technological Innovation in Digital Business Environments Yolanda McNeil ENGL 602 Field Project: Final Product Liberty University MANAGING TECHNOLOGICAL INNOVATION IN DIGITAL BUSINESS ENVIRONMENTS 2 Introduction Background of the Research Innovation plays a critical role in assisting businesses to sustain and grow their market shares. It takes place in dissimilar functions and parts of the business and it is significant to understand the best way to create and manage it effectively. Digital technologies have been regularly used in business and this has led to digitized workplaces that demand the need to invent to remain at the top in the market (Kay & Willman, 2018). Digitizing places of work has played a key role in changing the way business is usually managed and this has similarly affected how innovation must be managed and embraced in such a novel business atmosphere. Therefore, the best way to understand technological innovation in the digital business atmosphere is the need to understand how technology has been shaping the business world. The reason for choosing technological innovation in digital business environments is that business owners play a critical role in the identification and application of new technologies. By investing in initiatives that permit them to deliver efficient and effective services and products, they discover innovative solutions to complex challenges (Camisón & Villar-López, 2014). Successful technological innovation needs collaboration, expert project management, planning, and execution. Worldwide competition and rigorous demand to bring commodities to market very fast affect decisions. Research Purpose 1 2 Tess Stockslager @ 2020-03-06T10:07:25-08:00 This wording seems a bit circular: "the best way to understand...is the need to understand." Is there a clearer way you could state this? Tess Stockslager @ 2020-03-06T10:09:33-08:00 Even without the word "I," you're indirectly referring to yourself here, which isn't necessary in this paper. You don't need to explain why you chose your topic; instead, you should explain why the topic is important in the field (which is exactly what you did in this sentence--you just need to frame it differently). MANAGING TECHNOLOGICAL INNOVATION IN DIGITAL BUSINESS ENVIRONMENTS 3 The purpose of this research is to explore the role and importance of managing technological innovation in the digital business environment. Technological innovation strategies that a firm pursues can either break or make the company. The current business landscape is increasingly multifaceted. For an organization to succeed in the modern business environment, it is critical that it adopts digital innovation which can assist to attain its goals and remain at the top in the competition (Camisón & Villar-Lóp.