Technology development definition

Technology development means strategically focused research aimed at developing investment-grade technologies essential to market competitiveness. For purposes of this section, "technology development" does not refer to basic research, but rather to products, devices, techniques or processes that have advanced beyond the theoretical stage and are in a prototype or industry practice stage.[PL 2003, c. 20, Pt. RR, §7 (NEW); PL 2003, c. 20, Pt. RR, §18 (AFF).]
Technology development refers to the various technology development services necessary for online games provided by Party B to Party A under this Agreement, including production of data slice for online games operated by Party A.
Technology development means the evolution of innovative products and processes through the following stages:

Examples of Technology development in a sentence

  • Technology development and testing costs associated with product readiness for relevant certifications are eligible expenses under this solicitation.

  • Technology development Expenditure on internally developed technology is capitalised if it can be demonstrated that: - it is technically feasible to develop the technology for it to be used or sold- adequate resources are available to complete the development- there is an intention to complete and for the Group to use or sell the technology- use or sale of the asset will generate future economic benefits, and- expenditure on the project can be measured reliably.

  • Dynachrome plating for Piston Rods from Germany 2008 Technology development and assimilation is an ongoing process.

  • Among these, a KPI was identified to follow JERICO-RI Technology development, i.e. progress and success of Technology Roadmap execution.

  • The fields RTU’s will be progressively replaced as follows: Technology development has resulted in smarter devices such as PLC have superseded the role and functions of RTU’s.


More Definitions of Technology development

Technology development means the use of scientific and technological knowledge to solve practical problems, especially in industry and commerce.
Technology development. Technology Development means the technology development activities to be undertaken by the Parties pursuant to Article III and the Technology Development Plan.
Technology development. Vast Solar has developed its proprietary CSP technology since 2009. ARENA has supported the development of the Vast Solar technology from early trials through to the current stage of Project development. · (2012-2014) $0.4 million for 1.2 MWth R&D project that validated the durability of the heliostat design and performance of the receiver, as well as refine the management of thermal energy storage. Contract reference 2012/ASI046. · (2013-2019) $9.9 million for 1.1 MWe pilot plant at Jemalong, NSW that demonstrated a fully integrated, operational, and grid-connected 6MWth CSP system, further developed Vast Solar’s heliostats, and demonstrated the benefits of utilising sodium as the HTF medium. Contract reference 2013/ERP070. · (2014-2021) $13.7 million for development funding towards a 30 MW Australian utility-scale plant (originally contemplated at Jemalong and then Mt Isa), with key outputs including the performance modelling and cost estimation used to prepare the Project to current level of maturity). Contract reference 2014/ASC004. The current Project represents the next stage in commercialising its technology. Advancing Renewables Program Funding Agreement | Vast Solar, Port Augusta Concentrated Solar Power Project 2022/ARP026 46 Technology: A diagram of the Vast Solar technology underpinning the Project is shown below: Plant operations are described below: · Heat from the sun is captured by heliostats (modular configuration) and concentrated into several receiver towers of 50 m height; · Heat is transferred from receivers by using sodium via a patented control system; · The heated sodium is then flowed through a sodium/salt heat exchanger to transfer the heat into a molten salt storage tank (FlexiTankTM); · The stored heat can then be used to generate electricity by producing steam in the Steam generation system and a Rankine cycle steam turbine; and · The cooled molten salt is transferred back to another FlexiTankTM (cold tank) for reuse, closing the molten salt loop.
Technology development. NGI is looking for technology development and not for just paperwork and reports. The project should include a software/hardware development component. Projects that do not have a research and technology development focus are out of the • The Member States (MS) of the European Union (EU), including their outermost regions; • The Overseas Countries and Territories (OCT) linked to the Member States4; • H2020 associated countries (those which signed an agreement with the Union as identified in Article 7 of the Horizon 2020 Regulation): according to the updated list published by the EC5; • The UK applicants are eligible under the conditions set by the EC for H2020 participation at the time of the deadline of the call.
Technology development means any technology development services required for the operation of the Main Business which are provided by Party B to Party A in accordance with this Agreement.
Technology development means strategi­cally focused research aimed at developing investment-grade technologies essential to market competitiveness. "Technology develop­ment" does not refer to basic research, but rather to products, devices, techniques or processes that have advanced beyond the theoretical stage and are in a prototype or industry practice stage.
Technology development means any development or modification in or to the Technology, whether patentable or not, conceived or developed in connection with a Specific Development Project (as defined in Article 2.2 below).