Abstract
It has long been conventional to distinguish between invention (the idea creating a new product or process) and innovation (the application of the idea in a commercial setting). The process of commercialising technology is now seen as a much more complicated process, involving technical feasibility testing, commercial development and design as well as other issues. Technological development is a continuous, dynamic process and constant reinvestment in updating technology is essential.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
Editor information
Editors and Affiliations
Copyright information
© 1997 Peter J. Buckley, Jaime Campos, Hafiz Mirza and the estate of Eduardo White
About this chapter
Cite this chapter
Buckley, P.J., Mirza, H. (1997). Introduction. In: Buckley, P.J., Campos, J., Mirza, H., White, E. (eds) International Technology Transfer by Small and Medium-Sized Enterprises. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-25686-0_1
Download citation
DOI: https://doi.org/10.1007/978-1-349-25686-0_1
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-25688-4
Online ISBN: 978-1-349-25686-0
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)