Chapter

The Sustainable Growth Challenge

Michael H. Best

in The New Competitive Advantage

Published in print July 2001 | ISBN: 9780198297451
Published online November 2003 | e-ISBN: 9780191595967 | DOI: http://dx.doi.org/10.1093/0198297459.003.0009
The Sustainable Growth Challenge

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The theme of the chapter is that technology management can play a major role in fostering economic growth and a healthy environment. The capabilities and innovation perspective counters the assumption of an environment/growth trade‐off with the principle of design for sustainability. The goal is to design products, processes, materials, and technologies according to the criterion of waste‐free production. The design of product systems, such as energy, transportation, and health, are a consequence of past and present technology R&D choices and corresponding investments in technical education. A technology management policy informed by the environmental principle of design for sustainability would foster R&D in, for example, renewable energy, biodegradable polymers, and recyclability.

Keywords: design for sustainability; environment; product systems; R&D; recyclability; renewable energy; sustainable growth; technical education; technology management

Chapter.  4705 words.  Illustrated.

Subjects: Economic Systems

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