Collaboration Among Stakeholders in Transportation Innovation Case Study

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Government and Intermodal Transport InnovationChapter 15 posits that the U.S. government should be the primary catalyst for intermodal transport innovations, arguing that in a free market industry alone is limited in terms of being able to deliver on the innovation front. I disagree with this assertion and can support my position by looking at historical precedents where both government and industry have had a hand in advancing innovation. In fact, as Tsamboulas (2008) points out, sometimes all that is needed is a spark—like seaports—to drive additional innovation. But government does not necessarily serve as the primary catalyst—for other stakeholders are definitely needed just as much.That is not to say government intervention stymies innovation or is irrelevant, either. There is evidence showing that government support of the development of nuclear power, for example, is a case of successful government-led innovation. The U.S. government did spearhead nuclear technology, which led to the development of nuclear power plants. Not all large-scale, high-risk projects like nuclear energy can be pursued by private capital, especially if commercial returns are uncertain. So, it makes sense that government support would be needed. At the same time, the development of new weapons and tech for the Department of Defense has been driven by industry, although supported still by government contracts.

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Companies like Lockheed Martin innovate thanks to government contracts, but they are…

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…sense of whether government is absolutely needed (in and of itself), one should look at Jensen’s (2008) model regarding the optimization of intermodal transport systems, as it incorporates government agencies, private companies, and even academic institutions. The process of innovation is not something that can be completed by any one entity. Instead, it actually requires inputs from many different stakeholders at different levels. It is a truly collaborative process. ItIn conclusion, government is certainly important in supporting innovation at times, by funding projects and helping to set up infrastructure development and regulatory frameworks. However, the private sector\'s expertise in technological innovation (also thanks to academic inputs) are equally important. Therefore, synergy should exist among….....

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