Technology Development and Stakeholder Influence: The Example of Golden Rice
Title: Technology Development and Stakeholder Influence: The Example of Golden Rice
Category: /Business & Economy
Details: Words: 474 | Pages: 2 (approximately 235 words/page)
Technology Development and Stakeholder Influence: The Example of Golden Rice
Category: /Business & Economy
Details: Words: 474 | Pages: 2 (approximately 235 words/page)
Technology development and implementation include social processes where various
stakeholders voice their interests and concerns: stakeholders influence the process of
technological advance in a variety of ways. These interests and concerns, in turn, are
shaped by the stakeholders' institutional context.
Organisations involved in technological development have to acknowledge and integrate key
stakeholders in order to promote the process in a successful way.
Important elements of such an engagement are:
•Identifying key stakeholders: Mitchel,
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in and their perception of this application and try to
influence its development according to their objectives (Hunck-Meiswinkel 2005).
'Golden Rice' is an ongoing project with technological and market uncertainties, coupled with
technology transfer problems. It serves as an outstanding example for the importance of
integrating key stakeholders into technological progress. We use the example of 'Golden
Rice' to demonstrate the nature and impact of stakeholders' involvement in technological
development and the transfer of a technology.