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