The development of new catalytic systems is driven by several factors: 1. Efficiency: New systems can provide higher turnover rates and lower energy consumption. 2. Selectivity: Improved selectivity reduces by-products and enhances the yield of desired products. 3. Sustainability: Catalysts can be designed to utilize renewable resources and reduce waste. 4. Economic Viability: Cost-effective catalysts can lower production costs and increase profitability.