ELI5: Explain Like I'm 5

Technology scouting

Technology scouting is like going on a treasure hunt for new and exciting ideas and inventions that can make life better. Just like when you go on a treasure hunt, you need to have a good plan on where to look, and what to look for. In technology scouting, we also need to know where to look for new ideas and who to talk to.

Suppose a company wants to invent something new, they may not know where to begin, that’s where technology scouts come in. These scouts scour the world for new and upcoming technology ideas that a company may use to improve their products or make new ones. They also meet with people who have these new ideas and sometimes even work with them to develop their ideas into something that can be helpful.

For example, think about your favorite toy, something like an action figure. A toy company may want to make it more interesting and add cool features. So, they will send out technology scouts to look for new ideas and technology that might be helpful. They may find a new type of plastic for the toy's body or a new color that makes it stand out. These scouts will also look for new ideas about how the toy should work, like how its joints should move or what kind of accessories it should have.

Overall, technology scouting is an essential task that helps companies to find and use new technology ideas to make their products better, and more useful.