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Why technological innovation will be one factor of production to technological manufacture industry.Innovation is the process by which new products' processes methods or services are created. Innovation offers added value for and users by providing better and/or cheaper functionality than previous options. Innovation combines changes in technology, business models, organization etc. The basic idea may be a new technical solutions, a new business model or a change in organization. In a competitive economy, no business can survive long term without updating its products and services or the ways in which are produced or delivered. Innovation policy must promote renewal across all business sectors and not just focus on high technological industries.Since most innovations are complex and each subsystem has its own limitation, an important part of the innovation process is finding the right balance between conflicting demands. In most cases, there are several possible ways of providing a new function to users, or possible applications of a new technology. Which combination of features the market will prefer can't be predicted with any certainty. Whether the origin was a market opportunity on a new technological capability to one part of the production of factor to the product.Innovation integrates knowledge from a number of different fields: technology, marketing, design, economic etc. In the production of factor view, it is hard to collect all the necessary competences in a single organization. Because technological products need to be updatd to keep competition in market. Thus, innovation has become a process of constant with suppliers and competitors, with consultants and with academic researchers. In the production of factor view, the capacity to innovate depends on how well different parts of this system are adapted to each other and how well they work together.Today, the relationship between science and innovation is more complex and interdependent. Science-based technologies, such as microelectronics or biotechnology could not have been developed without scientific understanding, but modern science is equally dependent on advanced technology. Economists tend to prefer technology performance standards, but these risk favouring marginal improvements to existing technologies when discouraging more radical, long term solution. Also, economists tend to think of innovation as a production processes. A more production describes innovations as an experimental learning proces in which organizations and individuals build new competence. This term research-based competence is rather than science-based knowledge or scientific information .

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