See below image for the Technology process diagram. What is process technology? Process technology, or PTech, is all about the various systems needed to ensure industrial plants operate smoothly to produce goods and services. Process technicians and operators monitor, control and fix the components that help run everything from power plants to water refineries to manufacturing facilities.
The technology transfer process should therefore be conceived as encompassing the involvement of proposed end-users during the specification and design process, as well as throughout software development.
The technological innovation process consists of a series of phases necessary to implement improvements or develop a new production process, product or service. There are two ideas about the origin of technological innovations.