Towards a Business Case for Responsible Innovation

Norma Schönherr, Katharina Jarmai, Robert-Andre Martinuzzi

Publication: Chapter in book/Conference proceedingChapter in edited volume

Abstract

There is still work to be done in conceptualizing how responsible innovation applies to business. Lessons can be drawn from adjacent fields of inquiry such as sustainability-oriented or social innovation. However, the central challenge of developing a business case for responsible innovation requires additional insights into how responsible innovation may support companies in generating competitive advantage, and what levers can be effectively employed to engage business. This final chapter summarises the most important lessons learned from the contributions to this volume. Based on these insights, the authors develop the outlines of a business case for responsible innovation. In doing so, they show that responsibility and innovation can mutually strengthen each other. Such a synergy between responsibility and innovation may help to maintain trust in business’ ability to drive desirable social change while improving innovation performance.
Original languageEnglish
Title of host publicationResponsible Innovation Business Opportunities and Strategies for Implementation
Editors Katharina Jarmai
Place of PublicationDordrecht
PublisherSpringer
Pages85 - 97
ISBN (Print)978-94-024-1719-7
DOIs
Publication statusPublished - 2019

Austrian Classification of Fields of Science and Technology (ÖFOS)

  • 201128 Sustainable building
  • 502041 Environmental management
  • 509 not use (legacy)
  • 509003 Development cooperation

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