Publication:
An Antecedent-Outcome Model Of Responsible Innovation: A Resource-Based Perspective

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Date
2023-07
Authors
Rasheed, Memon Khalid
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Research Projects
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Abstract
Firms are not built in an isolated world, nor can they survive without societal acceptance. Firms are responsible for their actions and innovations, even if those innovations are meant to be "social innovations." Increased awareness of economic and non-economic stakeholders has forced firms to seek social and ethical acceptability to be considered socially and cognitively desirable. It’s no longer about gaining profits only. Firms now need to address the rising concerns regarding upcoming technological innovations, especially artificially intelligent machines. Such technological innovations have serious impacts on human autonomy, fairness, justice, and agency. Collective and responsible stewardship based on some values and principles, through public engagement and informed discourse, may resolve such issues. The research proposes "responsible innovation" (RI) as the solution to all these problems. RI is a novel approach for managing technological innovations that makes the firm ethically, morally, and socially responsible, environmentally friendly, and humanitarian in addition to being business-oriented.
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Responsible Innovation , Antecedent-Outcome
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