Vienna.
The next session at Challenge Social Innovation 2011 is a plenary which begins with Uwe Schneidewind. he notes that we’re at the intersection of technological and social innovations, and technology still continues to drive things rather too much; but social innovation is gradually growing in importance. This is also because the marginal benefits of purely technological innovations – improving efficiency, for example – are declining, due to rebound effects: the relevant effects of technological innovations are quickly absorbed by the dynamics of the overall system.
Cost savings from cheaper lightbulbs are absorbed by the fact that cheaper costs lead …