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Dictionaries and scholars have used a variety of definitions. The offers a definition of the term: "making use of science in industry, engineering, and so on, to create beneficial things or to resolve issues" and "a maker, piece of devices, approach, etc., that is developed by innovation." Ursula Franklin, in her 1989 "Real Life of Technology" lecture, provided another meaning of the principle; it is "practice, the method we do things around here." The term is often used to imply a particular field of technology, or to refer to high technology or simply consumer electronics, rather than technology as a whole.

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In this usage, innovation describes tools and devices that might be utilized to resolve real-world problems. It is a significant term that may include simple tools, such as a crowbar or wood spoon, or more complex makers, such as a space station or particle accelerator. Tools and makers need not be material; virtual technology, such as computer system software and service methods, fall under this definition of technology.

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Brian Arthur defines innovation in a similarly broad way as "a method to satisfy a human purpose." The word "technology" can also be used to refer to a collection of strategies. In this context, it is the present state of humankind's knowledge of how to combine resources to produce desired items, to resolve issues, satisfy needs, or please wants; it consists of technical techniques, abilities, processes, methods, tools and basic materials.

"State-of-the-art innovation" refers to the high innovation available to mankind in any field. Innovation can be seen as an activity that forms or changes culture. Furthermore, innovation is the application of mathematics, science, and the arts for the advantage of life as it is known. A modern-day example is the increase of interaction innovation, which has actually minimized barriers to human interaction and as a result has actually helped generate brand-new subcultures; the increase of cyberculture has at its basis the development of the Web and the computer system.