TECHNOLOGY AND SCIENCE

The Strategic Niche Management and Sustainable Technologies

The Strategic Niche Management and Sustainable Technologies

Strategic Niche Management and Grass Root Approaches

Strategic niche management is dealing with the process of predicting global changes in the economic situation, finding and implementing large-scale solutions that enable its expression, and sustainable development at the expense of future success factors identified. The development of innovative technologies requires investment in basic research, development and marketing. Grass root approaches to the development in sustainable technologies can be used in two ways that are bottom-up and top-down approaches. The bottom-up approach deals with the situation when consumers and users make an attempt to promote the usage of advanced technology. On the other hand, top down approach can be used if government officials make an attempt to promote the usage of new and innovative technology.

Examples of Renewable Energy

Renewable energy sources are those that continuously come to Earth and absolute time scales seem to be inexhaustible. The consumers most importantly invest in energy efficient measures this helps in reducing the environmental impact of domestic energy use. In order to use energy in an efficient manner the green power schemes can be used in an efficient and effective manner can raise issues in the environment and the role of the potentials, and that can play a role in easing the diffusion of these technologies.

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Government Role in Influencing Innovation Process

Government has involved particular areas of technology for individual support in order to meet the long- term objectives, for example, environmental protection; this can support several phases of the modernization procedure starting from R&D to diffusion. Instead of providing funds to research and development programs, governments are influencing to adjust the market context and structure in order to utilize market forces to provide required technological consequences. Successful modifications need new products and technologies push' and after that, the markets pull. The term of technology usually ends up with a fact to do something. It has a substantial and physical dimension. Although innovation sciences focuses on strategic niche management, which mainly considers more sociological approach towards technology. The fact that the government of United Kingdom took actions regarding climate change. The government of UK devised the policy to reduce the rate of emission of carbon by 20% by 2010 and 60% by 2050 (Chase 1998, pp.12).

Problem of Picking Winners in Innovation Field

In the Innovation Field, the process of modernization is very critical because all the new ideas, inventions and designs may successfully go through the several phases of improvement and development in order to make the diffusion process. The problem associated with the pick winners is that these decisions are normally taken in urgency which ignores various other fields in which technological advancements are needed. There are scores of cases that show that quick and early decisions that were made by picking winners not proved to be fruitful. For instance, this problem is most occurred in the field of wind power. In 1973, the department of Energy of UK concluded, in Energy ...