Fukushima showed us that nuclear remains a high risk technology.
A new fund, fuelled by tax money, might bridge some gaps in finance as high risk technology companies move to second or third stage funding rounds, but it may be harder to make a difference in the mainstream.
"The federal government," Mr. Reicher argued, "must, in partnership with the private sector, help increase the capital available to move immature and often higher risk technologies to commercial scale".
Public financial actors invest in portfolios with higher risk technologies, also creating a direction; they also increased their share in total investment dramatically over time.
9. C. Perrow, "Normal Accidents: Living With High-Risk Technologies" (Princeton, New Jersey: Princeton University Press, 1999).
The project is part of the Advanced Technology Program, funded by the National Institute of Standards and Technology to spur development of novel, high-risk technologies.
They're focusing less on high-risk technologies and more on ideas that could have a faster payoff but a smaller impact, such as technologies for improving energy efficiency.
"What is really worrying is that the same small group working on high-risk technologies that will geoengineer the planet is also trying to engineer the discussion around international rules and regulations.
E-mail address GO SIGN UP Share Tweet Charles Perrow, emeritus at Yale, laid out the intellectual architecture for how big accidents happen in "Normal Accidents: Living with High-Risk Technologies".
And the challenge is more pressing than ever because society has become more deeply dependent on big, complicated entities like the grid, the Web and the air-traffic control system, said Charles Perrow, a Yale sociologist and the author of "Normal Accidents: Living with High-Risk Technologies".
