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Innovation, Product Development and Commercialization by Dariush Rafinejad

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HIGH TECHNOLOGY–STRATEGIC CONTEXT

The engine of an economy is innovation in product development and commercialization through:

  • Taking advantage of progress in technology

  • Imagining market opportunities from the application of technology

In a broad sense, a product is defined to include a tangible product, a software product, or a service. The characteristics of the manufacturing process and product delivery constitute the significant distinctions between the different types of products. For a new tangible product, the product development process must encompass the product fabrication methodology and the technology it entails and must heed ...

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