Abstract
Missing in the debate on the ‘responsibility’ of research, innovation, and business is an examination of a possible conflict between the quest for ‘responsibility’ and the normative economic principles or ‘micro-economic foundations’ that guide the world’s financial capital and therefore determine which businesses, innovations and research are and which are not funded. As a result, much research and innovation that is deemed responsible will not materialise. We propose that such conflict can be resolved by re-examining our understanding of choice and capital, and by recognising mainstream economics’ utilitarian foundation – homo economicus − as an unduly restrictive version of a wider Aristotelian understanding of choice.
Original language | English |
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Title of host publication | Responsible Innovation in Large Technological Systems |
Editors | J. Roland Ortt, David van Putten, Linda M. Kamp, Ibo van de Poel |
Publisher | Routledge - Taylor & Francis Group |
Chapter | 9 |
Number of pages | 19 |
Edition | 1 |
ISBN (Electronic) | 9780367895815 |
ISBN (Print) | 9780367895815 |
Publication status | Published - 2020 |