2.7 Responsible Innovation
Responsible Research and Innovation (RRI) describes a research and innovation process that takes into account effects and potential impacts on the environment and society. Research, Invention & Innovation has attained a different dimension in the current Global scenario (Hilary Sutcliffe, 2011)
Research: A systematic investigation to establish facts and reach new conclusions
Invention: A creation resulting from study and experimentation.
Innovation: A superior process or product, often the effective commercialization of an invention.
According to Hilary Sutcliffe in 2011, A responsible Innovation is a transparent, interactive process by which societal actors and innovators become mutually responsive to each other with a view to the (ethical) acceptability, sustainability and societal desirability of the innovation process and its marketable products in order to allow a proper embedding of scientific and technological advances in our society. Responsible Innovation is best understood as a higher level responsibility that aims to shape, develop, and align existing and future research and innovation-related processes. The concept is applied mainly for science and technology-based research and innovation, in particular in the
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systematic innovation means monitoring seven sources/drivers for innovative opportunity.
The first four lie within the enterprise; they are essentially symptoms: 1) The unexpected: The unexpected success, failure or outside event. 2) The incongruity: between reality as it actually is and reality as it is assumed to be or as it “ought to be.” 3) Innovation based on process need. 4) Changes in industry structure or market structure that catch everyone unawares (Peter Drucker,
Because employees did not work separately and independently (Document 3) the discoveries in different operations seemed to be linked together, which formed a capricious innovation in the factories (Document 5). These discoveries paved way for
9. How likely is the innovation simpler? 10. How likely is that the management will easily ratify to integrate innovation in organizational policies? 11.
BSBMKG622 Task 1 1. Political - New legislation to follow so the business' approach changes Economic - Inflation changes the discounted price or sales price of the business' marketing approach Social - the taste and lifestyles of customers as the basis Technological - Advertising thru social media or other platforms to expand sales 2. Trend Examples Provide two for each trend. Economic conditions Inflation, exchange rates Labour market Unemployment rates, individual wages Society and culture Consumer's lifestyle, demographic Business and economics Human behavior and decisions, exchanging good and services Technology Production, marketing Resources and the environment Temperature, land Legislation, policy and regulation Business,
Companies such as Apple have made a big impact on the world and our lives. Apple has affect our lives by changing the way we do things, for example, we started listening to music differently in 2010. Google also has an impact on our lives also, like the way use our emails which happen around 2009. General Electric provides electric and it has a big impact on how we use appliances.
Actor and businessman Ashton Kutcher said, “Any time you try to do something really innovative, most people aren't going to understand it until after they experience it.” Kutcher is saying that although something innovative does not seem good at the beginning, once it is experienced they will enjoy and understand it. Innovation is a part of the world that is influential in making a change occur. The definition is a new method, idea, product or other. This means it can be in the form physical objects, but it does not have to be.
Technology Many innovations led to the growing industry
Growing larger, this also helped booming companies and businesses alike, take over the competition in their field. And lastly, the new inventions, technologies and
Transportation industry is a good case to illustrate this point. Over the last few years, the industry has been transforming really fast, not even giving chance to the established players to cope with the changes. Taxi industry is now dominated by players like Uber. Car industry is fast moving toward automation led by technology firm such as Google. Nordstrom should not only do technological analysis of the industry but also the speed at which technology disrupts their industry.
Social responsibility is the belief that people in society have a duty, or obligation, to make decisions that will help the society in a positive way, or make it excel. We can be socially responsible by giving to the community through things such as volunteering to do work or donating. Social responsibility is actively participating in the community on moral and ethical standards. When people are socially irresponsible, they are acting against the rest of society. Socially irresponsible groups are thinking about their own needs and desires instead of the needs and desires of the community.
What is Research? It is a careful investigation of a problem in a scientific manner, especially to search for new facts in any side of knowledge. And it is searching for theory or opinion for testing them or for solving issues. And a scientific way for answering questions and testing hypotheses.
Another reason why the Industrial Revolution had such a negative impact of society was the dangerous working conditions in all the factories. Working was not only treacherous for children, but for everyone employed on the factories. ”Industrial growth brought with it a host of environmental pollution problems” (Document 3). As the Industrial Revolution was propelling along, fossil fuels such as coal were used to power the factories. Even though this was marvelous that the factories were getting power, people were being exposed to toxic fumes for about 14 hours a day and sometimes more.
Companies are pressured to release new products faster than competitors. Another is increased competition for government contracts, has to compete with Samsung and Apple for contract
Disruptive innovation describes a process by which a product or service takes root initially in simple applications at the bottom of a market and then relentlessly moves up market, eventually displacing established competitors. Most companies pursue innovations that will help them sustain the higher tiers of their markets, most
Here is an example of trend of technological development in the industry involved. The biggest trend of all that is developing is cloud computing. The benefits of cloud computing are just endless and it is right now one of the biggest trend of technology development. With cloud computing, it enables companies to share, store and consume resources easier, at a lower cost and with greater flexibility. Not
To innovate successfully a company should develop and stimulate the culture of innovations. When the clear vision for changes is created it should be communicated to the employees to involve them into the change process. Most people do not like changes. But in every company there are people who can become leaders for innovations. The company management should search such people and develop the company environment to stimulate initiative and reward innovations.