There is huge potential in the studies of the SCOT framework (Howcroft, Mitev& Wilson, 2004).The actual worth of it will be realized when it can be applied in the real world technological studies. Currently there has not been enough analysis done for the study of SCOT framework like the STS (Social Shaping of Technology) Study. The addition of the SCOT framework into the STS can bring a whole new array of new structural change and new products. This can lead to new interesting studies and can benefit all the stakeholders involved. The social shaping of technology approach can be extended to include the economic factors also. Macro-economic social forces might affect the nature of the technological problem being solved and hence will affect the solution. Considering the effects of economy, when a technology solution is being developed, there might be artefacts that are designed and developed t suit the economic influence. The economic influence need not only be the actual products that go into the development of the technology. It will include the human resources that will have to be paid for working on the technology. Here the social relations of workers, the worker force available and the economics of employing the worker force will all go hand in hand in shaping technology. Technology is a product of three main elements; they are 1) conception of technology, 2) the marketing of technology and 3) the appropriation of users or the demand setters. Economics play a major role when it comes to the conception of technology, however it plays an even major role in setting the demand. The appropriation of users is what makes the technology grow. Defects are noticed in technology and further developments will be helpful in its growth. Here an important point to notice is that more often technological considerations and artifacts might be sold at different levels based on the purchasing power of the user. Also the marketing of technology is also an important consideration which will be affected by economy and society and will also affect the same (Boczkowski, 2004). Technology developed with business organizations are a result of innovations (McLoughlin& Harris). Innovations as noticed from the Fordism era to present times are still not blindly implemented. They are evaluated for the feasibility of economics of development, a target buyer segment, demand and more. The presence of competition between two organizations or two groups in the context of demand will also affect how technology is constructed, as this form of competition is also what triggers innovation. Innovation in technology development is necessary for both cost related purposes and competitive performance purposes.