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Saturday, 28 April 2012

Explain Technology Generation. Explain Technology Development. Discuss the importance Technology Generation and Development.


Technology Generation
We will start our discussion with the meaning of ‘technology generation’.

Technology generation and development is often identical with the term "Research and Development (R&D)". However, technology generation involves R&D efforts, while technology development involves further stages of translating R&D efforts into marketable products, processes and services. Basically, we can consider the R&D process as having four distinct stages as shown in figure

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