Technology research

From CEOpedia | Management online
Technology research
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Technology research is always associated with the production process or the provision of services. These are the last stage of R&D processes during development works, and are the first stage of commercialization. The main task is to acquire new knowledge and skills necessary to practical and cost effective use of new technology. Technology research leads to the improvement of products, services and processes already on the market and to the creation of new, innovative products. Technology research is used to check and assess whether a given type of technology is useful on the market, to what extent and what improvements can be made. Technology research include:

  • production processes planning
  • designing new or improved products
  • creating and designing processes and services