This document discusses different types of technology, including hard technology which comes from natural science and operates the physical world using skills and tools, and soft technology which comes from non-natural sciences and operates the spiritual world using economic activities. It also discusses innovation centers before and after economic reforms in China and 1970s, the Japanese economic miracle, management challenges in the USSR vs USA, and the evolution of industries. Finally, it notes that the idea of innovation centers has shown success in some countries but not others that only increased research funding without a plan, and emphasizes that investment in education and human capital is key to technological and economic development.