- Technology has been the daughter of science .
- The licensor simply agrees to provide technology .
- Science and technology are no.1 productive forces .
- Technology is the outgrowth of science .
- Engineering is aligned with technology .
The word technology refers to the making, modification, usage, and knowledge of tools, machines, techniques, crafts, systems, and methods of organization, in order to solve a problem, improve a preexisting solution to a problem, achieve a goal, handle an applied input/output relation or perform a specific function.