EMERGING TECHNOLOGIES
These have the potential for significant innovation across the
organization and can be the basis for innovative products, processes, and
services that can revolutionize the fortunes of an organization. In the past,
organizations developed technologies in large R&D laboratories; however,
in today’s environment the sources of emerging technology are often far
too prolific for any one organization to develop internally. Consequently,
organizations expend more resources scanning the environment for
potential technological opportunities. Sources of emerging technology can
include universities, high-technology startups, and competing organizations.