technology

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technology

the application of scientific principles and know-how in the development and operation of industrial processes, systems and products. See AUTOMATION, NUMERICAL CONTROL, ROBOT, COMPUTER, PRODUCTION LINE, INFORMATION TECHNOLOGY, TECHNOLOGICAL FORECASTING, NEW-PRODUCT DEVELOPMENT.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

technology

the application of scientific and technical knowledge in order to improve products and production processes. See TECHNOLOGICAL PROGRESSIVENESS, PRODUCTIVITY.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005