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definition of Technology

Technology push has been historically defined by an innovation-cycle-driven culture centered on marketing/technology administration analysis. In this context, a firm’s R&D division brings an thought from the invention stage to its fruition in commercial markets. Large firms are geared for production and distribution, that are giant-scale undertakings that don’t accommodate fast change. Hence, the organizational construction of a big agency is quite matrix oriented engineering disciplines are assigned to initiatives, and a central laboratory helps analysis and improvement. Innovation is organized in a more linear trend, and inner group favors discipline and focus.

What Is Sensing Technology? How Is It Relevant To Sensors?

This type of group is best suited to incremental innovation, since it could possibly establish issues and focus large resources on fixing them. Creativity is taken into account a person trait, with some individuals being more naturally creative than others.

“Accelerating Innovation at Hewlett-Packard.” Research-Technology Management, January-February 2005, 32. “Building a Radical Innovation Competency.” Research-Technology Management, January-February 2005, 23. “Value Creation and Games of Innovation.” Research-Technology Management, November-December 2004, 25.

Invention is the development of a new concept that has useful functions. Innovation is a more complicated term, referring to how an invention is introduced into industrial …

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