America’s Most Innovative Corporations in the Period 2022-2023

Sorin-George Toma ()
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Sorin-George Toma: University of Bucharest, Faculty of Business and Administration, Romania

Ovidius University Annals, Economic Sciences Series, 2024, vol. XXIV, issue 1, 549-554

Abstract: Today’s dynamic and changing business environment raises numerous challenges for any business organization, irrespective of its size and industry. The Fourth Industrial Revolution has brought numerous advancements in the information and communications technologies which require continuous innovation. This is why corporations, especially multinational and transnational, have heavily invested in research and development activities in order to increase their efficiency. The rapid spread of digital technologies has determined corporate management to re-evaluate its approach towards innovation and, therefore, corporations began to establish innovation ecosystems. The goal of the paper is to illustrate and analyse the hierarchy of America’s most innovative corporations in the period 2022-2023. The author applied a qualitative research method in order to achieve the aim of the paper. The paper demonstrates that innovation, in general, and corporate innovation, in particular, represent key factors in ensuring business success. The hierarchy of the first ten American most innovative corporations in the period 2022- 2023 was clearly dominated by the corporations from the IT&C sector.

Keywords: innovation; corporate innovation; corporation; America (search for similar items in EconPapers)
JEL-codes: F00 F23 O30 (search for similar items in EconPapers)
Date: 2024
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