To minimize besetting risks for in-house R&D, firms must have adequate targets that correspond well to future needs. Advanced materials may often be developed under ambiguous situations in terms of both technology and marketing. Therefore, technological forecasts should play a more significant role. Forecasts for advanced materials are very difficult because of these factors. But, we might be able to improve probability of them by pursuing the progress of technological innovations, the change of industrial structure, the trends of diversification of goods, and so on. For technological forecasts carried out in firms, trend analyses are appropriate. It must be remembered, however, while constituent technology will independently progress continuously, the development of materials, which are applications and combinations of both, will progress rather sporadically. There are many ways of forecasting technology well, for instance: evaluations of current technologies, possibilities of alternative technologies, pursuit of technological progress and change in the peripheral fields and the examination of environmental and social conditions. Finally, managerial aspects are also important in linking technological forecasts and R&D performance. There are many uncertain factors in the development of advanced materials. To cope with such changes, R&D systems, organizations and their attitudes toward the management of R&D must become more flexible.
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