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14-1190b-innovation-managing-risk-evidence

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Sciencewise has guided<br />

17 experimental dialogue<br />

projects on issues ranging from<br />

nanotechnology and stem cell<br />

research, to the uses of DNA in<br />

forensics and geoengineering to<br />

combat climate change.<br />

The chemical and<br />

pharmaceutical<br />

industries are the<br />

United Kingdom’s biggest<br />

manufacturing export<br />

earner. Together, they have<br />

a turnover of £60 billion<br />

and support 500,000 jobs.<br />

Many major global<br />

industries are built around<br />

once-marginal technologies,<br />

like wind turbines, ecological<br />

farming, or super energyefficient<br />

buildings. Grassroots<br />

social movements were all<br />

involved in their pioneering<br />

origins.<br />

If there is still considerable<br />

scientific uncertainty after<br />

quantifying <strong>risk</strong>s, then it is<br />

reasonable to be cautious as<br />

a temporary holding position:<br />

amber, rather than red.<br />

Between 2002 and 2007, the UK invested over<br />

£150 million in research into the development and<br />

impact of nanotechnologies.<br />

47<br />

Innovation is not a one<br />

track race to the future.<br />

Each direction for <strong>innovation</strong><br />

is a social choice involving<br />

issues of uncertainty, legitimacy<br />

and accountability as well as<br />

competitiveness.

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