Strategic Management of Technology and Organizational Innovation for Sustainability: A Policy-Oriented Analysis of Innovation Capabilities, Governance Mechanisms, and Long-Term Value Creation

Abstract

The shift to sustainable economic systems has made the strategic management of technology and organizational innovation more necessary in order to balance economic performance with environmental and social goals. Although companies make more investments in digital and green technologies, long-term sustainability will be determined by innovation capabilities, mechanisms of governance and alignment of policies. This paper is policy-focused research that studies the role of strategic technology management and organizational innovation capabilities in creating sustainable values in various forms of governance. Using the literature on innovation systems theory, dynamic capabilities, and sustainability governance, the research finds an integrative framework of analytical responses to the relationship between technological capabilities, organizational innovation processes, and multi-level governance mechanisms. The results indicate that the sustainable innovation results do not occur as a result of isolated technological investments, but as a result of coordinated capability advancement and system alignment at both the organizational and policy levels. The paper also proposes a strategic and policy recommendation to promote the transition of long-term value creation and sustainability.