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The Association for Retail Technology Standards (ARTS) is an international standards organization dedicated to reducing the costs of technology through standards. Since 1993, ARTS has been delivering application standards exclusively to the retail industry.
For the last three decades, it has been argued that technology development is neither an autonomous process, determined by the "inherent progress" of human history, nor a process completely determined by external conditions like the prices of the resources that are needed to operate (develop) a technology, as it is theorized in neoclassical economic thinking.
Ansoff pointed out that a diversification strategy stands apart from the other three strategies. Whereas, the first three strategies are usually pursued with the same technical, financial, and merchandising resources used for the original product line, the diversification usually requires a company to acquire new skills and knowledge in product development as well as new insights into market ...
Digital transformation (DT) is the process of adoption and implementation of digital technology [1] [2] [3] by an organization in order to create new or modify existing products, services and operations by the means of translating business processes into a digital format.
Technology transfer - the process by which technology is transferred from the institution, organization or person that possesses it to another institution, organization or person, usually with the aim of transforming inventions and scientific knowledge into novel products and services that can then be provided to the market place or society in ...
If the process of technological innovation is formalized (typically within an organization: a company, a public body, a think tank, a university, etc.) it can be referred to as technological innovation management (or Technology Innovation Management - TIM). The "management" aspect refers to the inputs, outputs and constraints a "manager" or ...
The process allows the public to know or understand a brand and get a clear idea of what the brand has to offer. Brand awareness is the first stage, then brand preference over its competitors is the desired outcome. With growing technology and techniques, the direct participation of customers is made.
Demand flow technology – Strategy for business processes; Design technology – Use of technology for product design; Digital newspaper technology; Digital scent technology – The study of smelling things through a computer; Domestic technology – Usage of applied science in houses