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Risk preventative innovation strategies for emerging technologies the cases of nano-textiles and smart textiles
Authors:Andreas R Köhler  Claudia Som
Institution:1. Delft University of Technology, Faculty of Industrial Design Engineering, Section Design for Sustainability, Landbergstraat 15, 2628 CE Delft, The Netherlands;2. Empa, Swiss Federal Laboratories for Materials Testing and Research, Lerchenfeldstr. 5, 9014 St. Gallen, Switzerland
Abstract:Emerging technologies can result in unintended side effects that are detrimental on safeguard subjects, namely environment, health & safety and sustainability (EHS/S). Adverse impacts of technologies can result in enterprise risks for companies that develop their business strategies around technological innovation. The EHS/S risks should therefore be mitigated prior to the market proliferation of new technologies. Risk preventative innovation strategies enhance the competitiveness of those companies that create safe and socially acceptable products.
Keywords:EHS  Decision-making  Intangible risks  Life cycle perspective  Sustainability  Uncertainty
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