Technical innovation can create not only new technology and process but also new market.

技术创新不仅是要创造新的技术和工艺，同时也创造新的市场。

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The paper introduces technical reform experience for crankcase production line from 1997 to now, with stress on summarizing the application of new technology and process.

介绍曲轴箱生产线从1997年试制至今所经历的改造历程。着重对一些新技术、新工艺的使用进行综合论述。

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It was attached importance that alcohol as one of the perfect energy sources replaced fossil energy which is being used up, thus it promoted relevant new technology and process.

化石类能源正在枯竭，酒精作为理想的替代品之一，受到各国的重视，因而促进了相关新技术、新工艺的产生。

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This new model blended new technology, user-centric design principles, and process innovation to strengthen the bond between banker and client.

FORBES: 5 Practical Ways To Break Through Innovation Bottlenecks

Liquidmetal's injection molding process is still a relatively new technology, and it's fairly expensive -- but that's not necessarily anything that Apple would shy away from.

CNN: Next iPhone may be housed in 'Liquidmetal'

Another example: Almost everyone today is aware of the phrase of another Austrian-born economist, Joseph Schumpeter: "creative destruction, " which describes the process in a capitalist economy whereby new technology and new companies messily supplant the old.

FORBES: Fact and Comment