future developments in science and technology|Course hero helper
Posted: February 20th, 2023
Assess future developments in science and technology for your technological innovation. What current technology is available; e.g. computers, machinery, tools, etc. that utilize, incorporate, or otherwise directly involved adopting your technological innovation (consider NAICS of SIC codes, companies, and regulatory bodies)? Use the following adoption criteria to evaluate your technological innovation from the industry and government regulator’s; i.e. municipal, state, and federal agencies perspectives. Who wants your initiative to succeed, who doesn’t and why? You are to use primary and secondary data from credible academic, industry and regulatory sources.
- Relative advantage
- Compatibility
- Complexity
- Trialability
- Observability
SOLUTION
Assessing future developments in science and technology for a technological innovation requires a thorough understanding of the current state of technology and its potential future developments. It is essential to identify the technologies that will be essential for the successful adoption of the innovation. The assessment should be conducted using primary and secondary data from credible academic, industry, and regulatory sources.
In evaluating the adoption criteria for a technological innovation, the following factors should be considered:
- Relative advantage: The degree to which the innovation is perceived to be better than the existing technology.
- Compatibility: The degree to which the innovation is compatible with the existing infrastructure, culture, and values of the industry and regulatory bodies.
- Complexity: The degree to which the innovation is perceived to be difficult to understand and use.
- Trialability: The degree to which the innovation can be tested on a small scale before being adopted on a large scale.
- Observability: The degree to which the innovation’s benefits can be easily observed and communicated to others.
The current technologies that are available and that will be necessary for the successful adoption of an innovation will depend on the specific industry and technological innovation. For example, if the innovation is related to renewable energy, then technologies such as solar panels, wind turbines, and batteries will be essential.
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