The word 'technology-based' is a modern English compound adjective, a logical fusion of two established concepts. Its first element, 'technology', traces its lineage to the ancient Greek tekhnē, a term encompassing art, craft, and systematic skill, combined with -logia, denoting a branch of knowledge. The second element, 'based', originates from the Greek basis, meaning a step or foundation, which passed into Latin and later French before entering English. The compound's literal meaning, "founded upon the systematic application of skill and knowledge," perfectly captures its modern abstract sense, describing any entity, process, or industry fundamentally reliant on applied scientific and technical methods.

Structure: technology (technique, art) + based (founded, established) - technology: From Greek tekhnologia (systematic treatment), from tekhnē (art, craft, skill) + -logia (study, discourse). In this compound, it functions as the core noun denoting applied science and engineering. - based: From the past participle of the verb base, from Old French baser (to found, build), from Latin basis (foundation, pedestal), from Greek basis (step, pedestal). In this compound, it functions as a participial adjective meaning "having as a foundation."