What is Technology Innovation?

Hello Editorial Board,I am Minh Ngoc, currently living and working in Da Nang. I have a query regarding this issue and hope to receive a response from the Advisory Board. Specifically, could you please explain what technology innovation is? I hope to receive your answer at the earliest opportunity.Sincerely,
[Your Name]

The definition of technology innovation is stipulated in Clause 15, Article 2 of the Law on Technology Transfer 2017, whereby:

Technology innovation refers to activities that replace part or all of the technology being used with part or all of another technology to enhance the productivity, quality, and competitiveness of products.

The above is an advisory on the definition of technology innovation. For more detailed information, please refer to the Law on Technology Transfer 2017. We hope that our advice will help resolve your concerns.

Wishing you health and success!

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