Scenarios of nanotechnology innovation vis-à-vis sustainability challenges

Rider W. Foley, Arnim Wiek

    Research output: Contribution to journalArticle

    5 Citations (Scopus)

    Abstract

    Nanotechnology has driven speculations and projections of all colors and shapes. However, there is a paucity of future scenarios that explore distinct nanotechnology innovation and governance models. This study asks: What could the dominant innovation models look like in the future, and, in contrast, what could alternative ones look like? And how conducive are those different models to mitigating sustainability challenges and improving quality of life? To make the exploration tangible, this study focuses on nanotechnology innovation in an urban region (Phoenix, Arizona). The study uses a mixed methods approach, linking intuitive and analytical scenario construction, to allow for creativity while ensuring analytical rigor. Findings suggest four different models of nanotechnology innovation and governance affect sustainability challenges quite differently. Market-oriented and closed collaboration amplify the lack of social cohesion, result in low-wage service sector jobs, and intensify resource extraction rates. Alternatively, social entrepreneurship and open-source innovation are more conducive to addressing sustainability challenges and improving quality of life, in particular in urban areas. The study concludes that the way a society innovates and governs its emerging technologies is decisive for the way those technologies work in favor of, or against comprehensive public interests.

    Original languageEnglish (US)
    Pages (from-to)1-14
    Number of pages14
    JournalFutures
    Volume64
    DOIs
    StatePublished - Dec 1 2014

    Fingerprint

    nanotechnology
    innovation
    sustainability
    scenario
    quality of life
    governance
    service sector
    urban region
    low wage
    social cohesion
    tertiary sector
    speculation
    public interest
    entrepreneurship
    cohesion
    wage
    projection
    creativity
    urban area
    Sustainability

    Keywords

    • Anticipation
    • Governance
    • Nanotechnology
    • Responsible innovation
    • Sustainability

    ASJC Scopus subject areas

    • Business and International Management
    • Development
    • Sociology and Political Science

    Cite this

    Scenarios of nanotechnology innovation vis-à-vis sustainability challenges. / Foley, Rider W.; Wiek, Arnim.

    In: Futures, Vol. 64, 01.12.2014, p. 1-14.

    Research output: Contribution to journalArticle

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