Work by Technology Development

Technological development is the process of research and development of technology. Many emerging technologies are expected to become generally applied in the near future.

The new technology development process leans on the New product development process. It starts with a new technological idea, via research and development through to the use of a technology (e.g. by introducing products that are based on the new technology in market).

In general, products are not equal to technologies. A product is based on several technologies and each technology is basis for several products. Life cycles of products and technologies also are different. However mostly, it is difficult to see the difference between products and technologies and people often confound these two terms . Then, the New product development process equals the new technology development process.