There are broad similarities between the procedures and nature of technologies and science.

There are technological

paradigms which are inherently similar to scientific paradigms.
The concept of Market as a prime mover is insufficient to explain the emergence of new technological paradigms.

In economic thought, the relationship between economic growth and technical progress is evident and accepted but
the nature of the relationship has been a controversial issue.
Demand pull: market forces are the main determinants of technical change. Technical change a reactive mechanism,
based on readily available technological possibilities (black box).
Technology-push: Technology is an autonomous or quasi-autonomous factor. Failure to account for the economic
factors in shaping the direction of technical change.
Technological paradigm: an outlook, a set of procedures, a definition of the relevant problems and of the specific
knowledge related to their solutions. Each technological paradigm has its own concept of progress based on its
specific technological and economic tradeoffs.
Technical trajectory: the direction of advance within a technological paradigm.

Each need cannot emerge before basic invention to which it is related.

Patterns of demand signal the preferences about the features of the goods consumers desire.
Consumers demand proportionally more of the goods with some relatively preferred characteristics.
Producers realise the revealed needs of the consumers: higher weight utility dimensions.
Beginning of proper innovative process and introduction of new/improved goods.
Market signalling: Movements in relative prices and quantities signal the direction in which market is pulling the
inventive activity.

Possibility of practical applications, possibility of marketability of a hypothesised05/08/16

application

Market functions as a system of rewards and penalty thus checking and selecting among different alternatives

Sources of oligopolistic structures

First phase: dynamic economies and temporary asymmetry in innovation capabilities
Second phase: Technological progressiveness and entry barriers (economies of scale etc)

Procedure of technical change is not a random process but focused on direction defined by the paradigms.
Trajectories travel along the confinement of the technological paradigms.