1. The Climate-KIC team
  2. Ideating Climate Business
  3. Tuesday, 19 April 2016
"Economic barriers should be tackled before focusing on technological barriers."

Do you agree with this statement? Why? Or Why not?

This discussion is part of the learning nugget Climate impact 2 in Ideating Climate Business.
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Economic barrier should be addressed first. When one is economically balance, other needs will be mate including technological needs. You cannot look for technological advancement in an empty stomach.
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  1. more than a month ago
  2. Ideating Climate Business
  3. # 1
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I think this completely depends on the situation you are working on to improve. When the technology is challenging to make it work you maybe first want the confirmation that it can be done within the budget and set up business plan. The technology may take more time than expected or be more complicated to develop and might be launched and ready to use years later than expected in which the economic situation can also turn out to be different that expected...
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  1. more than a month ago
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  3. # 2
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Economic barriers should be addressed first, funding is always an issue in any kind of project. New technologies tend to be expensive at the beginning while they reach sufficient exposure and can be implemented in bigger scales.
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  1. more than a month ago
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  3. # 3
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I think it is important to at least adress the technological barrier first. I think you need to have proof for that your idea works in theory, and preferrably also works in practice (shown by an experiment or so), before you adress the economic barrier. The research to see if the idea has any possibilities of becoming anything needs to be done before setting up a plan for the economical aspects.
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  1. more than a month ago
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  3. # 4
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I agree with Linnea. Of course the economy and the price always is a big barrier but sometimes Progress in science can lead to more cost-effective Solutions and thus enable to overcome an economic barrier.
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  1. more than a month ago
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  3. # 5
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Ideally both barriers would be tackled in tandem - I think there are instances where economic barriers are addressed first which leads to the removal of the technological barriers and vice versa. I think it depends on the sector - in some instances there needs to be massive economic incentives to break down the technological barriers and to encourage innovation, but this is not always the case.
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  1. more than a month ago
  2. Ideating Climate Business
  3. # 6
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Economic framework should be addressed first.
Improving the efficiency of a new power -generation technology is useless if that technology can not participate in the electricity market for example.
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  1. more than a month ago
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  3. # 7
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I believe there is no blanket response to this question. It really depends on the specific circumstances of the area/application of the technology. Certain new innovations can be applied out of context of socio-economic realities (i,e, that giant floating garbage collector), others will face unjust existing systemic issues that might break the innovation from seeing the light of day - subsidies to existing technologies making it "cheaper" to run than the alternative, lobbying of corporations, or just technical misfitting (components wont interact with other larger systems).
Comment
I agree with Basil in that there is no blanket response to this issues, as it does depend on the nature, application and country. Depending of the situation either the economy or the technology will be a limiting factor. I think the most efficient way is to look at each case, and decide which problem is most insurmountable, the economic or technological one, and then take that respective barrier into consideration and prioritize it.
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  1. more than a month ago
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  3. # 8
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I would say that primarily it needs to be ensured that it is technologically feasible for an innovation to be adopted by the target group. After that, I don't think there is an 'either... or...' kind of question. In most cases these improvements take place in tandem and other commentators here already mentioned some good examples. It is important to keep refining the framework so that both the economic and the technological barriers are removed to the point that these aspects can strengthen each other.
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  1. more than a month ago
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  3. # 9
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Generally, I understand why most of you do not give a strict yes/no answer.
Nevertheless, for climate mitigation I consider the economic potential to be the more binding one currently.
I imagine that putting a price on carbon, such as a carbon tax, would immediately have a fostering impact on solving technological challenges that were not profitable beforehand.
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  1. more than a month ago
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  3. # 10
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I think you should start with social barriers. You can do what you want, but if people do not believe in it, or if it does not fit in the culture, then they will not use it. Money is definitely less important.
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  1. more than a month ago
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  3. # 11
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I can not answer to this question with the short answer yes or not. I think that both barriers are interconnected and we need to look at them in conjunction.
Also we need to, consider the geographic area we design a challenge for. The primary barriers differ depending on the development state of a country.
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  1. more than a month ago
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  3. # 12
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Surely economic barriers are quite important and must be tackled, but I don't think that there is a scheme that you can follow in every situation. Because what about the social barriers? For example, even if you find economical solution for an innovation, but this is against local attitude and traditions, it will never be accepted and implemented locally. So I believe that every situation must be analyzed, and for all of these barriers must be found the relate action to overcome them, but prioritizing depends on the specific challenge.
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  1. more than a month ago
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  3. # 13
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Generally, I think that the biggest barriers are economical (lack of funding), social (difficulties in changing human behavior) and technical (lack of knowledge).
Comment
Biggest barriers in my Country is for sure from financial Point. Our main organization for sustainable development has three employees but they work like there were 10. But there is no many to pay more People. but at least we have good net of volunteering :)
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  1. more than a month ago
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  3. # 14
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To my opinion it depends on the context, sometimes technological barriers have to be adressed first and it would help to adress economical barriers.
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  1. more than a month ago
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  3. # 15
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I think there are examples where monetary obstructions are tended to first which prompts the expulsion of the innovative hindrances and the other way around. I think it relies upon the segment - in a few examples there should be enormous monetary motivating forces to separate the mechanical obstructions and to energize development. I actually want to know about top quality essay provider but some good and most useful information found here.
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  1. more than a month ago
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  3. # 16
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