Technology Forecasting vs. Technology Foresight 1. Introduction As technology continues to evolve at an unprecedented pace, both businesses and nations must anticipate and prepare for future technological advancements. There are two primary approaches to predicting the future of t…
The Electric Vehicle Market In the early 1900s, the U.S. automobile market was divided among steam-powered cars (40%), electric vehicles (38%), and internal combustion engine (ICE) cars (22%). By 1917, The Wall Street Journal predicted that the emergence of affordable electric ca…
1. User-Driven Innovation "User-driven innovation" originates from the research of Eric von Hippel, a professor at MIT's Sloan School of Management and the founder of the user-driven innovation theory. His notable works include The Sources of Innovation (1988) and D…