Overview, Definition, And Distinctive Aspects
Science is the systematic way of acquiring knowledge through observation and experimentation, whereas technology is the practical application of science. Technology entrepreneurship involves specialized human resources, tapping into their skills and ability to collaboratively explore and exploit scientific and technological change to benefit the firm. Although political approaches have obviously ethical ramifications, many philosophers who have adopted such approaches do not engage in explicit ethical reflection on technology. The science can be leading edge or well established and the function can have high visibility or be significantly more mundane, but it is all technology, and its exploitation is the foundation of all competitive advantage. Third, technology is the knowledge that makes the technological process possible.
Students are challenged to use the technology education facility to design, apply materials, machines, instrumentation, processes, and technical concepts in an efficient and safe manner. The causality condition is often difficult to meet as well …