Technological Innovation and Economic Transformation (eBook)

This book encourages thoughtful technological innovation while remaining conscious of its positive and negative consequences for society, presenting a method to help innovators anticipate consequences, minimize resistance, and enhance acceptance.

Author Heidi Gautschi: Heidi Gautschi is Research Fellow at Ecole Polytechnique Fédérale de Lausanne, Switzerland. Author David Gautschi: David A. Gautschi is Dean emeritus and Joseph Keating S.J. Professor of Marketing and Business Economics at Fordham University, USA.

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Society, in its quest for order in an inherently chaotic natural setting, tends to think about technological innovation much too narrowly. Innovation is necessary for economic growth, yet this narrow attitude limits its possibilities and focuses on achieving a single goal without acknowledging its effect on other aspects of society. By thinking out of the box, this book encourages thoughtful innovation while remaining conscious of its positive and negative consequences for society. It presents a method for contextual analysis that enables assessment of the disruption that any innovation could induce, and puts ideas into contexts so that innovators may anticipate consequences, minimize resistance, and enhance acceptance.Drawing on Anglophone and Francophone literatures in business, economics, history, and sociology, this book reminds us that progress is often achieved at some sacrifice of well-being. It allows academics and practitioners from these traditions to engage in systematic communication and enrich one another with new ideas.