Doing business with the implementation of innovative technologies

The scientific article analyzes the features of management and business activities through the introduction and application of innovative technologies. The relevance of the study is due, first of all, to the digital transformation observed all over the world, which forms the key tools for managing business competitiveness from innovation and information technology. Within the framework of the article, the prerequisites and reasons for the development of an innovative economy and the digital transformation of entrepreneurial entities are considered. The tendencies of development of innovations are analyzed on the example of the economy of the Russian Federation. Perspective directions for the introduction of innovative technologies for the digital transformation of business and the implementation of the concept of “smart production” in order to improve the efficiency of production activities are considered.