Development of emerging technologies
Technology Development of emerging technologies: As innovation drives economic growth, and large economic rewards come from new inventions, a great deal of resources (funding and effort) go into the development of emerging technologies. Some of the sources of these resources are described below. Research and development: Research and development is directed towards the advancement of technology in general, and therefore includes development of emerging technologies. See also List of countries by research and development spending. Applied research is a form of systematic inquiry involving the practical application of science. It accesses and uses some part of the research communities' (the academia's) accumulated theories, knowledge, methods, and techniques, for a specific, often state-, business-, or client-driven purpose. Science policy is the area of public policy which is concerned with the policies that affect the conduct of the science and research enterprise, including ...