Management of enterprise innovative development based on digitalization and the circular economy

Abstract

The article investigates the evolution of scientific approaches to enterprise innovative development management, as well as the conceptual foundations of digital transformation, open innovation, dynamic capabilities, and the circular economy. It has been found that most existing scientific approaches treat digitalization, innovation, and the circular economy as relatively independent areas of research, thereby limiting the possibilities for comprehensive enterprise management. The study substantiates a concept of enterprise innovative development management that integrates digital transformation processes with the principles of the circular economy. The functional purpose of each subsystem is substantiated, and its role in facilitating the enterprise's digital and circular transformation is determined.