What is Technology?
About Technology• Technology is a broad term that refers both to artifacts created by humans,
such as machines, and the methods used to create those artifacts. More broadly, technology can be used to refer to a way of doing something or a means of organization: for instance, democracy might be considered a social technology. Technology comes from the Greek technologia, which is a combination of “techne”, meaning “craft”, and logia, meaning “saying”. So technology might be considered the articulation of a craft. The word is also used to describe the extent to which a society can manipulate its environment.
Group Of PeopleTechnology
What is Innovation?
About Innovation?
What is Technology Innovation?
About Technology Innovation
What is Conversion Process
About Conversion Process
• 1. The act or process of converting; state of being converted. • 2. Change in character, form, or function. • 3. Change from one religion, political belief, viewpoint, etc.,
to another. • 4. A change of attitude, emotion, or viewpoint from one of
indifference, disbelief, or antagonism to one of acceptance, faith, or enthusiastic support, esp. such a change in a person's religion.
• 5. A physical transformation from one material or state to another: conversion of coal, water, and air into nylon.
IronConverted Goods
What is Technology Innovation as a Conversion Process
Diagram
Innovation Wealth Creation Sustainable Development
Science
Policy Context
Engine
ering
Economic Context
AnalysisReduction
Societal Needs The Public Good
Natural Capital
Discovery of New Knowledge & Basic Laws
Devices ProcessSystems
Ideas Information
Capital Formation &Investment
Design
Man
ufac
ture
Main
tena
nce
Synth
esis
Inte
grat
ion
1980’s Computer 2010’s era Computer
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