Technological Trends

Describe any pertinent current trends in the social climate such as: competing technology development; available research funding; associated/dependent technologies; replacement technology/solutions; maturity of technology; manufacturing maturity and capacity; information and communications; consumer buying mechanisms/technology; technology legislation; innovation potential; technology access, licensing, patents; intellectual property issues; global communications. Note you do not have to include everything on this list – only identify and analyze the trends pertinent to your industry.