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Technology monitoring requires methodical monitoring of technological progress in areas that pertain to you. The concept (Bright, 1970) involves keeping a ‘monitoring log’ to record:
- Event and Technical Economic Date
- Possible Significance
- Things to Consider
The ‘eureka moment’ is often subject to the convergence of advances in several technologies over several years, hence the need for continuous monitoring. The quality of any results are only as good as the time and effort disposed.