Definition: Technologically new product

Category: R & D - Oslo Manual

A technologically new product is a product whose technological characteristics or intended uses differ significantly from those of previously produced products.  Such innovations can involve radically new technologies, can be based on combining existing technologies in new uses, or can be derived from the use of new knowledge.
Source:
Organization for Economic Cooperation and Development (OECD) and Statistical Office of the European Communities (Eurostat), "The measurement of scientific and technological activities: proposed guidelines for collecting and interpreting technological innovation data: Oslo manual)", Paris, 1997, p. 48
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