Responsible innovation: implications for corporate governance
To address challenges such as Covid-19, a responsible innovation process is required. Here’s how corporate governance can help.
Image: Shirstok/Shutterstock
The world faces unprecedented grand challenges of which the recent Covid-19 pandemic is just one pertinent example. Innovation is crucial for addressing these grand challenges and business is an important source of innovation and needs to be integrated. However, to harness the full potential of innovation in addressing grand challenges, the resulting novel products or services need to be subject to a responsible innovation process.
In a series of recent articles (in 2020, 2017 and 2019), we have worked on the idea of responsible innovation. We have proposed an understanding of responsible innovation consisting of three types of responsibil
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda
Related Stories
-
How corporate governance can drive a sustainable economy
The current social and environmental crisis requires radical action from businesses. Corporate governance can be a key driver in transforming the economy.
-
European survey to reveal how boards are shaping corporate culture
A survey launched by Board Agenda and Mazars in association with INSEAD aims to uncover the role of the board in shaping corporate culture, how it is monitored and whether the links between culture and performance are understood.
-
Twelve of the biggest mistakes boards make about culture
One of the most frequent mistakes boards make is failing to realise the importance of culture, but it isn't the only pitfall. Here we list the twelve mistakes.
