Name: Vaishali Jain
Country: India

Year: 2017
Volume: Volume-4, Issue-1 (January-June)
Page Number: 40-46

Abstract
Technological innovation refers to the way through which commerce and management
industry conceives and develops new products. it consists of a wider range of activities from
the first conception of a new idea to dispersal of innovative products processes and services
in commerce, management and life. This technology also consists of some scientific
developments based on advanced techniques to produce better products. It is strategic and
active process which provides organization with strategic advantage in the commerce and
management. In this paper, we tried to elaborate some technological innovative schemes
which contribute a great success in the field of commerce, management and life.
Technological innovation and development to the health and survival of modern
organization and provides economic multiplier effect.
Keywords: Technology, commerce, India, business.