Innovation Marketing - a Consequence of Business Competitiveness

The expansion of the concept of innovation is generated both by changes in the pace and lifestyle of individuals and especially by the dynamics of digital technology. Digital technology has become more widespread, contributing greatly to the development of marketing activities related to innovation...

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Main Authors: Nicoleta CRISTACHE, Andreea Valentina BUSILA, Carmen OPRIT MAFTEI
Format: Article
Language:English
Published: Dunarea de Jos University of Galati 2021-12-01
Series:Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
Subjects:
Online Access:http://www.eia.feaa.ugal.ro/images/eia/2021_3/CristacheBusilaOprit.pdf
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author Nicoleta CRISTACHE
Andreea Valentina BUSILA
Carmen OPRIT MAFTEI
author_facet Nicoleta CRISTACHE
Andreea Valentina BUSILA
Carmen OPRIT MAFTEI
author_sort Nicoleta CRISTACHE
collection DOAJ
description The expansion of the concept of innovation is generated both by changes in the pace and lifestyle of individuals and especially by the dynamics of digital technology. Digital technology has become more widespread, contributing greatly to the development of marketing activities related to innovation processes. At the level of companies, there are more and more innovation processes oriented towards the development of marketing activities, organization and configuration of the business, these contributing to the achievement of sustainable competitive advantages. The paper addresses the marketing of innovation both as a consequence of the competitiveness of the business environment and as a necessity imposed by current consumers. The study considers the impact of innovation marketing on the market, namely the analysis of consumer preferences for innovative products, the analysis of a series of correlations to explain consumer purchasing behavior and how these innovative products improve quality of life. Taking into account the specific characteristics of the current environment in the economic, social and technological context, we can consider that innovation marketing is the current way of focusing on business, beneficial to the organization, individual or organizational consumers and society as a whole.
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spelling doaj.art-48c03b7a38e0461881ae4edafd7ccd6c2022-12-21T23:45:21ZengDunarea de Jos University of GalatiAnnals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics1584-04092021-12-0127314114810.35219/eai15840409234Innovation Marketing - a Consequence of Business CompetitivenessNicoleta CRISTACHE0Andreea Valentina BUSILA1Carmen OPRIT MAFTEI2Dunarea de Jos University of Galati, RomaniaDunarea de Jos University of Galati, RomaniaDunarea de Jos University of Galati, RomaniaThe expansion of the concept of innovation is generated both by changes in the pace and lifestyle of individuals and especially by the dynamics of digital technology. Digital technology has become more widespread, contributing greatly to the development of marketing activities related to innovation processes. At the level of companies, there are more and more innovation processes oriented towards the development of marketing activities, organization and configuration of the business, these contributing to the achievement of sustainable competitive advantages. The paper addresses the marketing of innovation both as a consequence of the competitiveness of the business environment and as a necessity imposed by current consumers. The study considers the impact of innovation marketing on the market, namely the analysis of consumer preferences for innovative products, the analysis of a series of correlations to explain consumer purchasing behavior and how these innovative products improve quality of life. Taking into account the specific characteristics of the current environment in the economic, social and technological context, we can consider that innovation marketing is the current way of focusing on business, beneficial to the organization, individual or organizational consumers and society as a whole.http://www.eia.feaa.ugal.ro/images/eia/2021_3/CristacheBusilaOprit.pdfinnovationinnovation marketingbusiness competitivenessconsumer expectations
spellingShingle Nicoleta CRISTACHE
Andreea Valentina BUSILA
Carmen OPRIT MAFTEI
Innovation Marketing - a Consequence of Business Competitiveness
Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
innovation
innovation marketing
business competitiveness
consumer expectations
title Innovation Marketing - a Consequence of Business Competitiveness
title_full Innovation Marketing - a Consequence of Business Competitiveness
title_fullStr Innovation Marketing - a Consequence of Business Competitiveness
title_full_unstemmed Innovation Marketing - a Consequence of Business Competitiveness
title_short Innovation Marketing - a Consequence of Business Competitiveness
title_sort innovation marketing a consequence of business competitiveness
topic innovation
innovation marketing
business competitiveness
consumer expectations
url http://www.eia.feaa.ugal.ro/images/eia/2021_3/CristacheBusilaOprit.pdf
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