Technological Forecasting


Technological change involves the discovery and application of new products, new and improved machines, tools, equipment, and methods of production.

Technological forecasting involves the prediction of innovations and advances in a particular technology.

Both exploratory research methods and normative research methods are used, the former to project future developments based on the past, and the latter to focus more on planning and planned technological innovation.

See also

Experience curve effect
New-product development


  1. American Marketing Association, AMA Dictionary.

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