ustainable innovation is about adoption of new process and system at societal level.Question 1Select one:TrueFalse
Question
Sustainable innovation is about adoption of new process and system at societal level.
Question 1
Select one:
- True
- False
Solution
The statement "Sustainable innovation is about adoption of new processes and systems at the societal level" is indeed true. Sustainable innovation refers to the introduction and integration of new ideas, technologies, or practices that contribute to long-term environmental health, social equity, and economic viability. This goes beyond mere technological advancements; it encompasses shifts in processes and systems that can lead to significant positive changes within society.
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Environmental Impact: Sustainable innovation often focuses on minimizing waste, reducing carbon footprints, and conserving resources, thus having a direct beneficial effect on the environment.
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Social Responsibility: It addresses social issues by promoting inclusive practices and equitable access to resources, ensuring that innovation benefits all segments of society.
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Economic Viability: Sustainable innovation can lead to new business models and economic opportunities, creating jobs and ensuring that resources are available for future generations.
Therefore, the correct answer is True.
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