Product Innovation definition

Product Innovation means a modification that would require [***]. However, the Party who was a Supplier will be obligated to implement reasonable Product Improvements requested [***] indicates material that has been omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.
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Product Innovation. ’ means —
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Product Innovation means the application of a new or significantly improved product, but which is not a change of aesthetic nature or only sales of innovated products, manufactured or developed by another natural person or legal entity;
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Examples of Product Innovation in a sentence

  • Nuix may issue an invoice to Licensee immediately upon the Order Form Date, ninety (90) days prior to a subsequent Renewal Term, and/or any other date indicated in the Order Form.

  • Product innovation: Anticipating changing customer behaviors Telenet is actively responding to changing customer behaviors by introducing propositions that offer best-in-class, user-friendly products in simple and transparent bundles.

  • Product innovation can utilize new knowledge or technologies, or can be based on new uses or combinations of existing knowledge or technologies.

  • Accelerating adaptive processes: Product innovation in the global computer industry.

  • Product innovation strategy and the performance of new technology ventures in China.

  • Product innovation research and development - Formulation and implementation of R&D projects.

  • Product innovation: the introduction of a good or service that is new or significantly improved with respect to its characteristics or intended uses.

  • Product innovation is seen as the key differentiator in the Company’s strategy and will be the factor that will provide sustained competitive advantage to it in the future.

  • In addition, the system cannot be shown to offer best value, either in terms of outcomes or costs.

  • These categories include the following activities: • Product innovation includes R&D, design, market research, and new product introduction.• Operations include process engineering, manufacturing, logistics, IT, finance and human resources.

Related to Product Innovation

  • Customer Technology means Customer's proprietary technology, including Customer's Internet operations design, content, software tools, hardware designs, algorithms, software (in source and object forms), user interface designs, architecture, class libraries, objects and documentation (both printed and electronic), know-how, trade secrets and any related intellectual property rights throughout the world (whether owned by Customer or licensed to Customer from a third party) and also including any derivatives, improvements, enhancements or extensions of Customer Technology conceived, reduced to practice, or developed during the term of this Agreement by Customer.

  • Technology means any and all technical information, specifications, drawings, records, documentation, works of authorship or other creative works, ideas, algorithms, models, databases, ciphers/keys, systems architecture, network protocols, research, development, and manufacturing information, software (including object code and source code), application programming interfaces (APIs), innovations, mask works, logic designs, circuit designs, technical data, processes and methods.

  • Licensed Technology means the Licensed Know-How and Licensed Patents.

  • Licensed Material means the artistic or literary work, database, or other material to which the Licensor applied this Public License.

  • Licensed Software includes error corrections, upgrades, enhancements or new releases, and any deliverables due under a maintenance or service contract (e.g., patches, fixes, PTFs, programs, code or data conversion, or custom programming).

  • Bioassay means the determination of kinds, quantities or concentrations and, in some cases, the locations of radioactive material in the human body, whether by direct measurement, in vivo counting, or by analysis and evaluation of materials excreted or removed from the human body. For purposes of these rules, “radiobioassay” is an equivalent term.

  • Software Product means any COTS which you propose to provide pursuant to the contract.

  • Commercial Software means Software developed or regularly used that: (i) has been sold, leased, or licensed to the general public; (ii) has been offered for sale, lease, or license to the general public; (iii) has not been offered, sold, leased, or licensed to the public but will be available for commercial sale, lease, or license in time to satisfy the delivery requirements of this Contract; or (iv) satisfies a criterion expressed in (i), (ii), or (iii) above and would require only minor modifications to meet the requirements of this Contract.