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Technological Cooperation between Companies

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Business Cooperation

Abstract

Before analysing the importance of technology for companies and the different ways in which it is acquired, it is necessary to define the concept and the contents of the term ‘technology’, something that it is not easy, as it has many definitions. The Royal Spanish Academy, for example, defines technology as a series of industrial tools and processes for a particular sector or product. In a more general sense, technology can be defined as a series of skills or integration of applications that enables people, based on certain given resources and means, to carry out a productive activity, provide a service, or reach a goal or objective.

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© 2002 Nieves Arranz Peña and Juan Carlos Fernández de Arroyabe

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Peña, N.A., de Arroyabe, J.C.F. (2002). Technological Cooperation between Companies. In: Business Cooperation. Palgrave Macmillan, London. https://doi.org/10.1057/9780230554696_8

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