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The Rise and Fall of Responsible Innovation

In: Humane Entrepreneurship Creating a New Economy, Venture by Venture

Author

Listed:
  • Craig S. Galbraith
  • Curt H. Stiles

Abstract

In modern vocabulary, the term entrepreneurship has become almost synonymous with the term innovation. By the 20th century, economist Joseph Schumpeter brought the combination of entrepreneurship and innovation to the forefront of economic theory. More recently, given the rapid up-tick in the rate of technological innovations, there has been an increasingly loud call for “responsible innovation,” or RI. The purpose of this essay is to examine the evolution of both concepts, entrepreneurship and innovation, and see if the call for responsible innovation, can add to our parallel interest in humane entrepreneurship…

Suggested Citation

  • Craig S. Galbraith & Curt H. Stiles, 2023. "The Rise and Fall of Responsible Innovation," World Scientific Book Chapters, in: Humane Entrepreneurship Creating a New Economy, Venture by Venture, chapter 13, pages 155-166, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811271243_0013
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    More about this item

    Keywords

    Humane Entrepreneurship; Humane Economies; Humane Capitalism; History of Entrepreneurship; Entrepreneurship; Humaneness; Economic History; Markets And Morality; Ethical Markets;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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