Different stages of technology application in the life of a specific industry. The process of managing rapid technology obsolescence in the fast changing business world.

Information in the form of facts, findings, results, ideas, know-how and know-why pertaining to technology.

To generate technologies by R & D efforts to fulfill corporate objectives.

Methods or techniques for predicting future technological needs and trends.

Foretell about the future traits of necessary machines, products, processes, procedures or techniques. Also visualize new and superseding technology in the perspective of global trends.

Process of evaluation of the effect of the use of a technology and its performance before its acquisition.

Possible routes or approaches for development of technologies based on objectives and strategies.

To convert R & D efforts to marketable products/processes/services.

Is an individual or group who takes the idea of new technology conceived in the mind of one through various development stages till it runs its course in the market and put into commercial use.

A facility provided by DSIR to foster small and technology based business. A house working as a technology facilitator for small and medium sector.

Technology assessment is the process of taking a purposeful look at the consequences of technological changes, particularly in the context of long-term objectives at national and societal levels. Also identifying compatible and optimum technology in the global context.

Obtain technology from sources external to the firm, which may be from within the country or from some other country or through technology alliance with other companies.

Knowledge of mechanical arts and its application in practical field. Mostly automatic and highly efficient way of doing things.

Unemployment due to replacement of workers by machines and use of automatic technology-driven system.

Technological needs are related to national socio-economic goals. Technological strategies are determined by assessing the defined needs with potential technological developments and an appraisal of available technologies consistent with country’s resources and abilities.

A person, who robs his employing company or his country of its technological secrets and sells them to agents of rival companies or to foreign agents: or use it to some purpose against the interest of the parent company.

There are numerous techniques available to examine the impact of technological changes, which are helpful for technology assessment process. Such techniques include dimensionless sealing, decision analysis and policy capture.

A person possessing specific knowledge about technology and also doing necessary job in this field.

When the price of a product or a share or security registers an upward trend on account of its limited availability it is called technical rally. As distinct from a real rise of value or worth of such articles or instruments of trade.

A situation in which a company buys shares of another company to ensure that they can work together on new products and technologies. An alliance aimed at combining the resources of the two partners for size, strength and technology.