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Technological innovation is more than just a creative spark or a breakthrough invention. Invention is the creation of a new product, system, or process. Innovation is the successful commercialization and implementation of that invention in the marketplace. The Innovation Spectrum

Designing the final product for production, focusing on feasibility and manufacturability.

Unlike pure invention, which is the creation of a new product or process, innovation requires successful implementation and value creation for users. The Core Phases of the Innovation Process download the processes of technological innovation repack

Success in these phases depends on three critical dimensions: Technological Context

: Research directed toward a specific practical aim or objective. Technology Development Technological innovation is more than just a creative

Tornatzky and Fleischer break down the complex process of technological innovation into several distinct, yet often overlapping, stages:

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Why do some firms successfully absorb new technologies () while others reject them due to cultural inertia?