Innovation in Low Technology Industries: Current Situations and Future Prospects (Case Study of German Industries and Companies)

This article focuses on the industrial sector that is said to be low-tech or completely non-investigation and often has been formed the whole industry. The focus of this research, above all, is created by the critique of the mainstream of innovation, focusing on its high level technology. However, industry research with low and medium technology (low and medium technology industries) can structurally demonstrate that the completely non-research industries are innovative surprisingly, and play an essential role for the development of modern economies. Following up on the background, the industrial sector has gained the front-end innovation capability with low and medium technology (low and medium technology industries), in intelligent trending of available technology and existing knowledge, and their combination with high technology components. Therefore, the findings of the research presented here, come to the forefront in the hypothesis that hybrid innovations open up hopeful development perspectives for traditional industries. It has been pointed out that combined innovations are innovations, based on market-specific reforms of available technologies, and existing knowledge, as well as features based on their combination with new high-tech components. The basis of the methodology of reasoning is a systematic analysis of the industrial, industrial and industrial research of low and medium technology, which emanates from almost the past 10 years.