technology (noun, tech-nol-o-gy, /tekˈnɑːlədʒi/) driven (advective, dri-ven, /ˈdrɪvən/)
Definition: is a management, organizational philosophy, a concept, which implies a business developing new products, services, and goods based solely on its technical resources, abilities, and technological capacity instead of focusing on the current demands and needs of the market. The benefit of employing the technology driven philosophy in business involves having more creative space and gives manufacturers and business owners a chance to make a breakthrough in the area of their work.
In a Sentence:
- Owning a technology driven company requires you to keep up with the progress at all times and to make your name known in the industry.
- Working at a technology driven company, we need to focus on the resources we possess, including the personnel and the professionals we are working with.
Synonyms and related words: technology, technology fund, market driven, resource driven, customer driven, product driven, management philosophy