Factors Influencing Development Of Critical Technologies

Abstract

The World has been inspired to innovate and create new technologies by COVID-19. Many people have been saved from life-threatening illnesses; thanks to these technologies which have also improved user comfort. From business perspective, they have ensured the sustainability of economic sectors. Following COVID lockdowns, approximately 72,000 startup business have emerged in India in just couple of years, relying on innovative and vital technologies.

Nonetheless, it is necessary to comprehend the motivation behind these advancements and evaluate the technologies for sustainability. The critical technologies impact, their acceptance or rejection, and their psychological effects on people or end users are covered in this paper.

This study with detailed analysis of responses on the socio-economic and psychological effects of Oxygen concentrators is also covered in this paper, along with its findings.