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The term's meanings altered in the early 20th century when American social scientists, starting with Thorstein Veblen, equated ideas from the German concept of into "innovation." In German and other European languages, a distinction exists between technik and technologie that is missing in English, which normally translates both terms as "technology." By the 1930s, "technology" referred not only to the study of the commercial arts but to the industrial arts themselves.

Scientists and engineers usually choose to specify innovation as used science, instead of as the things that people make and utilize. More just recently, scholars have actually obtained from European thinkers of "method" to extend the significance of technology to various kinds of crucial reason, as in Foucault's work on innovations of the self (methods de soi).

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The offers a definition of the term: "the use of science in market, engineering, etc., to develop helpful things or to fix issues" and "a machine, tool, technique, etc., that is developed by innovation." Ursula Franklin, in her 1989 "Real Life of Technology" lecture, gave another definition of the concept; it is "practice, the method we do things around here." The term is typically utilized to imply a specific field of innovation, or to refer to high technology or simply customer electronics, rather than innovation as a whole.

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In this usage, innovation refers to tools and makers that might be utilized to fix real-world issues. It is a far-reaching term that may consist of easy 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 innovation, such as computer system software and business techniques, fall under this meaning of innovation.

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Brian Arthur specifies technology in a similarly broad method as "a way to satisfy a human function." The word "technology" can likewise be utilized to describe a collection of strategies. In this context, it is the present state of humankind's understanding of how to combine resources to produce desired items, to resolve problems, meet needs, or please desires; it includes technical methods, abilities, processes, methods, tools and raw materials.