Preface

Matthew S. Hull, Diana M. Bowman, Steffi Friedrichs

Risk is a reality. And while innovative management frameworks, policies, protective strategies, and regulation can do much to reduce the risks associated with certain products or activities, seldom can they eliminate those risks entirely. Technological advancements in a modern age, ranging from the introduction of the automobile through to, for example, biotechnology and the comforts that accompany them, are no different. Such advancements come pre-packaged with their own unique set of risks and trade-offs.

Indeed, progress has never been a bargain; you have to pay for it.1 Exactly how much we are willing to “pay” for progress—new technologies and the products derived from them—is ...

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