Whats the Relevance of Know-how?

"Technology within the long-run is irrelevant". That is certainly what a consumer of mine told me after i helpful hints designed a presentation to him about a new merchandise. I had been referring to the product's functions and rewards and mentioned "state-of-the-art technology" or anything to that outcome, as one of these. That's when he produced his statement. I spotted later on that he was proper, no less than within the context of how I applied "Technology" in my presentation. But I began contemplating about whether or not he may very well be ideal in other contexts too.

Precisely what is Technological innovation?

Merriam-Webster defines it as:

1

a: the sensible software of knowledge particularly in the unique spot: engineering 2

b: a capability presented via the realistic application of data 

two


 * a way of accomplishing a undertaking specially employing complex procedures, approaches, or knowledge

3


 * the specialised aspects of a particular subject of endeavor

Wikipedia defines it as:

Technological innovation (from Greek tÎ­???, techne, "art, talent, crafty of hand"; and -???Î¯a, -logia[1]) could be the earning, modification, use, and knowledge of applications, equipment, approaches, crafts, techniques, and ways of firm, as a way to solve an issue, make improvements to a preexisting alternative to the difficulty, reach a aim, cope with an used input/output relation or perform a particular purpose. It may also refer to the collection of such instruments, like machinery, modifications, preparations and treatments. Technologies noticeably influence human in addition as other animal species' skill to control and adapt to their purely natural environments. The time period can either be applied frequently or to certain locations: illustrations incorporate building technologies, clinical technological know-how, and information know-how.