Exploring the Effect of Underlying Factors on Technology Evolution Based on Need Evolution: A Study

Abstract

This study delves into the underlying factors influencing technology evolution by examining the dynamics of need evolution. Drawing upon insights from innovation studies, evolutionary economics, and technology management, the research investigates how changes in societal needs and demands drive the evolution of technological solutions over time. Through a multi-method approach that integrates qualitative case studies, quantitative analysis, and scenario planning techniques, the study explores the interactions between technological innovation and shifting user requirements. It identifies key factors such as market demand, regulatory frameworks, cultural norms, and technological capabilities that shape the direction and pace of technology evolution in response to evolving needs. Furthermore, the research examines the role of various actors, including users, innovators, policymakers, and industry stakeholders, in influencing the trajectories of technology evolution through their actions and decisions. By providing insights into the complex interplay between need evolution and technology evolution, the study offers practical implications for technology developers, policymakers, and business leaders seeking to anticipate future trends, identify emerging opportunities, and effectively manage innovation processes in a rapidly changing environment.