TECHNOLOGICAL INNOVATION Meaning and
Definition
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Technological innovation refers to the introduction, improvement, or modification of new technologies, tools, processes, or systems that aim to address existing problems or challenges and bring about significant advancements or advancements in various domains of human activity.
Technological innovation involves the creation of novel ideas, products, or services that leverage scientific knowledge, research, and engineering to provide unique solutions. It encompasses the development and implementation of fresh concepts or methods that enhance efficiency, productivity, effectiveness, and overall performance in various fields, including but not limited to business, manufacturing, healthcare, communication, transportation, and education.
This type of innovation typically involves various stages, such as research and development, prototyping, testing, and commercialization. It may involve the use of emerging technologies, diverse forms of intellectual property, and the integration of existing systems with novel elements to achieve significant breakthroughs or advancements.
Technological innovation is driven by a combination of factors, including societal needs, market demands, advancements in scientific knowledge, and the availability of funding and resources. It often requires collaboration between experts from different disciplines who work together to push the boundaries of what is possible.
Ultimately, technological innovation plays a crucial role in shaping economies, industries, and societies, as it enables the creation of advanced products, services, and processes that can revolutionize the way we live, work, and interact.
Common Misspellings for TECHNOLOGICAL INNOVATION
- rechnological innovation
- fechnological innovation
- gechnological innovation
- yechnological innovation
- 6echnological innovation
- 5echnological innovation
- twchnological innovation
- tschnological innovation
- tdchnological innovation
- trchnological innovation
- t4chnological innovation
- t3chnological innovation
- texhnological innovation
- tevhnological innovation
- tefhnological innovation
- tedhnological innovation
- tecgnological innovation
- tecbnological innovation
- tecnnological innovation
- tecjnological innovation
Etymology of TECHNOLOGICAL INNOVATION
The etymology of the word "technological innovation" can be traced back to two main roots: "technology" and "innovation".
1. Technology: The word "technology" originates from the Greek word "techne" meaning "art, skill, or craft" and the suffix "-logia" meaning "study of" or "branch of knowledge". It entered the English language in the early 17th century and initially referred to the study or science of the mechanical and industrial arts.
2. Innovation: The word "innovation" comes from the Latin word "innovare", which means "to renew or alter". It entered the English language in the late 16th century and initially referred to the introduction of something new or making changes to existing practices.
When combined, "technological innovation" refers to the creation, development, and implementation of new technologies or the improvement and application of existing ones.
