Economics, Business and Management (EBM): Theoretical Logic, Practical Value, and Future Paths

Amid the deep integration of the digital and real economies, Economics, Business and Management (EBM) has emerged as an interdisciplinary framework that integrates theoretical perspectives and practical tools to support complex business decision-making and high-quality economic development. This study aims to clarify EBM’s theoretical foundation, logical structure, practical impacts, and development challenges. A mixed-method approach was employed, including a literature review, case studies of three enterprises, and an empirical analysis using panel data from 32 manufacturing firms during 2021–2024. The findings indicate that EBM-oriented management reduced production costs by 7.5%–12.3% and increased average total factor productivity by 8.9%. Moreover, the Epsilon-Based Measure model demonstrated 15.7% higher accuracy than traditional Data Envelopment Analysis models in assessing environmental efficiency. Despite its interdisciplinary value, EBM faces practical challenges such as disciplinary fragmentation, which require optimization through interdisciplinary integration and digital empowerment. This study contributes to interdisciplinary management theory and offers practical insights for enterprises pursuing sustainable development