I need to put a windows driver for a philips retractable controller for my windows 8 laptop

Is the philips retractable controller compatible with Windows 8?

http://www.microsoft.com/en-us/windows/compatibility/win8/CompatCenter/ProductViewerWithDefaultFilters?TempOsid=win8&Locale=en-us&TextSearch=philips%2Bretractable%2Bcontroller%2B&Type=Both&CurrentPage=0&TotalPages=1&ShowCriteria=0&SortCriteria=Relevance&Compatibility=Unknown&LastRequested=14

Try right-clicking on the actual Device Setup.exe and selecting the "Run As Administrator" option?  Do so even if your user is an Admin.

How to perform a clean boot to troubleshoot a problem in Windows Vista, Windows 7, or Windows 8
http://support.microsoft.com/default.aspx/kb/929135

See if you can get it to install if you use an older operating system Compatibility Mode setting in Windows 8, perhaps Windows XP for example.

See Control Panel\All Control Panel Items\Troubleshooting\Programs\

Question       Is my gaming accessory compatible with Windows 7 ?
Answer         Generally, if the accessory operates with Windows XP or Windows VISTA, then it should operate with Windows 7. Unfortunately, this accessory has been discontinued and an updated Windows 7 driver is not planned.

Question      With which Operating Systems is it compatible?
Answer        This product is compatible with the following operating systems:   Microsoft Windows Vista 32Bit, XP, 2000, 98SE and ME

Frequently Asked Questions
http://www.usa.philips.com/c/tv-and-monitor-accessories/retractable-sgc2909_27/prd/en/;jsessionid=D8FD151B68891EFD9B9693B291637E25.app121-drp1?t=support#rdy

Maybe you would like to try a Viurtual PC solution with a supported operating system. or try a Dual Boot solution.  You are going to need an operating system and Product Key to try that and succeed.

VirtualBox is an impressive VM contender
http://windowssecrets.com/search/?cx=017937947691920082874%3A_ilcm6kdy_y&cof=FORID%3A11&q=VirtualBox+is+an+impressive+VM+contender+&sa=Search&advWS=1&advSAN=1&advPages=15

how to install hyper-v on windows 8 ?
http://social.technet.microsoft.com/Forums/en-US/winserverhyperv/thread/49bcd70f-840b-41c5-9ba1-a40ac8dd5dc3/

Dual Boot Your Pre-Installed Windows 7 Computer with XP  (Windows 7 and 8 are pretty much the same instructions)
http://www.howtogeek.com/howto/8790/dual-boot-your-pre-installed-windows-7-computer-with-xp/

How To Dual Boot Windows XP And Windows 8
http://www.intowindows.com/how-to-dual-boot-windows-8-and-xp/