How Technology and Entrepreneurship are Shaping the Development of Industries and Companies
- Elgar original reference
Edited by François Thérin
Chapter 18: The path to sustainable technological entrepreneurship
This chapter focuses on a key issue which is of critical importance to society: sustainability. Sustainability issues are varied and can affect almost every aspect of human experience. They can range from consumption and production to energy, water and ecosystems. The United Nations Division of Sustainable Development provides a fairly broad categorization of sustainable development topics (www.un.org/esa/dsd). With the recognition of acutely depleting resources and increasing consumption, individuals, firms and institutions have begun to seek solutions that will result in greater equity between the demand and supply of resources. Such a resolution, it is hoped, will allow for a sustainable level of consumption, such that the ability for future generations to continue to have a similar quality of life remains intact. Following a solutions oriented approach, we introduce the role that technology entrepreneurs can play by providing innovative technical and design-oriented solutions to achieve sustainability. Further, we present transition management as a valuable governance framework to ensure that innovative technologies become widely diffused and adopted in society. When the full potential of important innovative solutions is not realized, it is a great loss to society. Such failures are due to the complex nature of technological innovation, interacting systems and varied stakeholders. It requires a systems approach for resolution. Transition management offers a proactive systems-level approach to the management of sustainable technological inventions that will help to shift the economy towards higher thresholds of sustainability. The rest of the chapter is organized in four sections.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.