What is the purpose of technological forecasts?

The purpose of technological forecasts is to anticipate and understand the potential advancements, innovations, and trends in technology. These forecasts help individuals and organizations make informed decisions regarding research and development, investment opportunities, strategic planning, and market positioning. By projecting the direction and impact of technological transformations, forecasts can provide insights on emerging technologies, potential disruptions, and opportunities for growth. Furthermore, technological forecasts enable policymakers and governments to develop appropriate regulations and policies to foster innovation, ensure competitiveness, and address potential social, ethical, and environmental implications.

Technological Forecasts Purpose Technology Planning Innovation Strategy Future Trends

What is the purpose of technological forecasts?

This mind map was published on 16 November 2023 and has been viewed 62 times.

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