In today's business world where global competition is increasing and changing every day, the integration of technology and R&D activities into the institution is of great importance in terms of the future of the company.

As a matter of fact, as long as businesses take these activities into consideration, they can achieve a permanent and sustainable profitable growth.

Businesses that follow innovations in a highly competitive environment, produce and develop technology will have a chance to stand out in the competition.

In fact, the utilization of technology has a significant impact on companies' sustainable competitive advantage.

Nowadays, companies have begun to realize that it is impossible to exist in the marketplace unless they comply with the changes in global and local markets.

For this reason, R&D and technology investments have grown rapidly in recent years...

In short, firms investing in technology will have a chance to survive in a competitive environment; otherwise they will disappear over time.