The technological innovation system is defined as rate of technological change. It is a network of agents interacting on specific economics and area in particular infrastructure involved in generation of technology.
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There are three categories in technology innovations
- Small
- Medium
- Large
Small -: Those innovations in which are incremental assumed as 1-2% a year. Also described as the leaning curves. One example is the development of "creep capacity" in chemical industry.
Medium -: Medium are those in which incremental is assumed as 40- 50%
Large -: Large can be described as the incremental upto a organization can practiced.
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