"Technology innovation" gives a sense of working on technologyfor the sake of technology. "Technological innovation" better reflects the business consideration of improving business value by working on technological aspects of the product or services. [Wikipedia]
Definition: Technological innovations comprise new products and processes and significant technological changes of products and processes. An innovation has been implemented if it has been introduced on the market (product innovation). [OECD]
Technology Innovation Management (TIM) is a unique master's program to train aspiring entrepreneurs on creating wealth at the early stages of company or opportunity life cycles. The program focuses on the launch and growth of technologycompanies and growth seeking initiatives of existing companies. [Carleton]
There is a big difference between innovation and technology. Like Innovation is something which leads towards new ideas, method, things, or restructuring, remodelling. ... Innovation is a new idea to obtain solution where as technologydeals with its ideology . [Quora]
Innovation in its modern meaning is "a new idea, creative thoughts, new imaginations in form of device or method". Innovation is often also viewed as the application of better solutions that meet new requirements, unarticulated needs, or existing market needs. [Wikipedia]