Glossary:Technologically improved product

A technologically improved product is an existing product whose performance has been significantly enhanced or upgraded. A simple product may be improved (in terms of better performance or lower cost) through use of higher-performance components or materials, or a complex product which consists of a number of integrated technical sub-systems may be improved by partial changes to one of the sub-systems.

Related concepts

• New product
• Technological innovation
• Technological product innovation

Statistical data

• Innovation statistics

Source

• OECD/Eurostat, "The measurement of scientific and technological activities: proposed guidelines for collecting and interpreting technological innovation data. Oslo manual)", Paris, 2005 - pdf