Responsible Research and Innovation

Orestis Georgiou, Mykola Maksymenko and Stephen Russo
Additional contact information
Orestis Georgiou: Ultraleap Ltd.
Mykola Maksymenko: Haiqu Inc.
Stephen Russo: Honeywell Building Automation Inc.

Chapter 15 in R&D Management and Technology Commercialization, 2025, pp 247-255 from Springer

Abstract: Abstract This chapter explores Responsible Research and Innovation (RRI), a framework integrating ethical, societal, and environmental considerations into the research and innovation process. By emphasizing inclusivity, transparency, and responsiveness, RRI aligns advancements with societal values while fostering trust and long-term sustainability. Drawing from examples in industries like pharmaceuticals, AI, and automotive, the chapter illustrate how companies are leveraging RRI to address global challenges and enhance stakeholder trust. Counterexamples are also discussed to highlight the risks of neglecting RRI principles. Ultimately, the chapter argues that RRI is not just an ethical obligation but a strategic advantage that fosters sustainable innovation, mitigates risks, and builds public trust.

Keywords: Ethics in innovation; Stakeholder engagement; Sustainability; Transparency (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-031-86789-7_15

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DOI: 10.1007/978-3-031-86789-7_15

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