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# Technology ## Definition and Process - Technology: Practical application of knowledge in industrial arts and manufacture. - Technology Process: Involves identification, conceptualization, production, and use phases. ## Development vs. Innovations - Innovations: Commercializing prototype invention...

# Technology ## Definition and Process - Technology: Practical application of knowledge in industrial arts and manufacture. - Technology Process: Involves identification, conceptualization, production, and use phases. ## Development vs. Innovations - Innovations: Commercializing prototype inventions into marketable products. - Development: Transforming research findings into new materials, devices, and processes. ## Classification of Technology - First Wave Technology: Pre-industrial, labor-intensive, and empirical. - Second Wave Technology: Industrial, capital-intensive, based on classical principles. - Third-Wave Technology: Post-industrial, science-intensive, modern scientific knowledge.