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Technology transfer (TT), also called transfer of technology (TOT), is the process of transferring (disseminating) technology from the person or organization that owns or holds it to another person or organization, in an attempt to transform inventions and scientific outcomes into new products and services that benefit society. [1][2 ...
Technology is the application of conceptual knowledge to achieve practical goals, especially in a reproducible way. [1] The word technology can also mean the products resulting from such efforts, [2][3] including both tangible tools such as utensils or machines, and intangible ones such as software.
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. The goal for its implementation is to increase value through innovation, [4 ...
Technological innovation: is a continuous process, within an internal or external venture, build-out to create value with innovation; starts with the ideation process and ends up with the commercialization of a viable product or service, in response to a proven market need; is a guide for the venture management to decide what technology ...
Technological innovation system. Appearance. The technological innovation system is a concept developed within the scientific field of innovation studies which serves to explain the nature and rate of technological change. [ 1 ] A Technological Innovation System can be defined as ‘a dynamic network of agents interacting in a specific economic ...
Modern business enterprise (MBE) is the organization and management of businesses, particularly large ones. [75] MBE's employ professionals who use knowledge based techniques such areas as engineering, research and development, information technology, business administration, finance and accounting. MBE's typically benefit from economies of scale.
The business or person using the system does not have to purchase, rent or provide servers or virtual machines for the back-end code to run on. Function as a Service (FaaS) is a remote procedure call hosted as a service, leveraging serverless computing to deploy individual functions in the cloud that run in response to specific events. [ 68 ]
e. Electronic business (also known as online business or e-business) is any kind of business or commercial transaction that includes sharing information across the internet. Commerce constitutes the exchange of products and services between businesses, groups, and individuals and can be seen as one of the essential activities of any business.
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