Have you gone to Windows Update and selected the option to get Microsoft Updates in addition to Windows Updates? You may even want to restore hidden updates and install drivers and updates that do no install automatically.
When did you last run Disk Cleanup and Disk Defragmenter?
Have you ensured that you are installing the 32-bit and not the 64-bit version of the program?
Have you ensured you have the latest version of Quicktime?
That Shared Technologies installation issue is not restricted to a particular version or computer operating system. I have gotten hit by it several times recently. You will eventually get a successful installation. Many have individual home remedies. What seemed to work for me was using a different burner (external) for my installation disc and a USB 3.0 port.
Please update us on your progress.
What's always worked for me (in Windows 7) is killing any Elements running processes from current or previous versions (anything with Elements in the name, and 'dynamiclinkmanager.exe'). Then I run the setup program by right-clicking the setup.exe file and choosing 'Run as Administrator'. This runs setup with higher privileges than a user account with administrator privileges.
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