Can responsible innovation be a moderator of entrepreneurship? - Learnings from the debate on advanced biotechnology
Karsten Bolz and
Harald König
International Journal of Business and Globalisation, 2018, vol. 21, issue 3, 308-326
Abstract:
In this article we introduce the concept of responsible innovation into entrepreneurship research, present ideas on how to operationalise it, and share notions on operational issues from the debate on advanced biotechnology and the bio-economy. Therefore, we first examine the role of entrepreneurship as an agent of innovation and connect it to responsible innovation. Second, introducing the 'prism of responsible innovation' as a moderator for the entrepreneurial process in converting opportunity into innovation, we propose a theoretical framework of how the concept of responsible innovation could be integrated into the entrepreneurial process. Finally, we present insight from the debate on advanced biotechnologies regarding potential operationalisation strategies for responsible innovation.
Keywords: responsible innovation; entrepreneurship; entrepreneurial process; sustainability; sustainable development; biotechnology; synthetic biology; collaboration; SME; innovation; stakeholder; business environment; opportunity; operationalisation; qualitative analysis. (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijbglo:v:21:y:2018:i:3:p:308-326
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