Document Type : Research Paper
Abstract
The impact of technological innovations on the development of the knowledge economy environment can be multifaceted and have a profound impact. Technological innovations allow companies and institutions to find new solutions to challenges and improve their processes and products. Hence, enhancing innovation in the economic environment, which contributes to the development of the knowledge economy. Competitiveness is also enhanced by adopting technological innovation methods. By producing better products or services or improving production and distribution processes, companies can reach new markets and increase their share in international markets.
Technological innovations can play a vital role in developing the knowledge economy environment, by enhancing innovation, enhancing competitiveness, developing skills, improving environmental quality, and supporting education and scientific research.
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