Current Trends On Innovability And Sustainable Innovation
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Current Trends On Innovability And Sustainable Innovation
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Author : Anna Ujwary-Gil
language : en
Publisher: Cognitione Foundation for the Dissemination of Knowledge and Science
Release Date : 2025-06-01
Current Trends On Innovability And Sustainable Innovation written by Anna Ujwary-Gil and has been published by Cognitione Foundation for the Dissemination of Knowledge and Science this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-06-01 with Business & Economics categories.
Introduction to the Innovability Index: More than the fusion of innovation and sustainability The integration of innovation and sustainability, conceptualized as innovability, represents a strategic construct for addressing global challenges such as climate change, resource constraints, and social inequality. The conceptual understanding of innovability has advanced, but its empirical measurement and operationalization remain underdeveloped. This conceptual paper introduces the Innovability Index, designed to evaluate the extent to which countries, regions, or organizations embed sustainability principles. The index encompasses four dimensions: technological innovation for sustainability, environmental sustainability, social inclusiveness, and sustainable business practices. Each dimension is assessed through a set of indicators normalized, weighted, and aggregated to generate a composite performance score. The Innovability Index provides a structured approach for benchmarking sustainable innovation capabilities. It is a practical tool for policymakers, firms, and researchers to align innovation ecosystems with sustainability imperatives and the Sustainable Development Goals (SDGs). This conceptual paper opens the thematic issue of innovability and sustainable innovation, as well as addresses a gap in the literature by introducing the initial attempt to measure innovability. Keywords: Innovability, Innovability Index, sustainable development, ESG, sustainability, sustainable innovation, technological innovation, environmental sustainability, social inclusiveness, sustainable business practices. Leadership competencies for innovability: Bridging theory and practice for sustainable development PURPOSE: This study explores the critical leadership competencies necessary for fostering innovability— the integration of innovation and sustainability—within organizations, particularly inr education institutions (HEIs) and the business sector. The research seeks to address the gap in understanding how these competencies are developed in HEIs and whether they effectively prepare graduates with the skills needed for the current business context. Additionally, the study emphasizes the need to identify robust instruments for measuring these competencies to ensure their practical application in organizational settings. METHODOLOGY: A systematic literature review (SLR) was conducted using Scopus and Web of Science databases. The study employed a rigorous selection process to identify relevant empirical studies published between 2015 and 2024. A total of 53 articles were analyzed to address three key research questions related to the characteristics of innovability leadership, recommendations for developing immovability in organizations, and the methodologies or instruments used to identify these competencies. The analysis involved thematic synthesis and content analysis to extract insights and identify gaps in the existing literature. FINDINGS: The study identifies five key categories of leadership competencies essential for innovability, including strategic leadership, fostering a culture of collaboration, commitment to sustainability, continuous education, and sensitivity to global megatrends. Despite the recognition of these competencies, the study reveals a significant lack of empirical research on their practical implementation and measurement. The findings also highlight the need for robust tools to assess these competencies effectively. Additionally, the study provides several recommendations for developing innovability for their integration into the business sector, emphasizing the importance of leadership development programs, the integration of sustainability into corporate strategy, and the promotion of a collaborative organizational culture. IMPLICATIONS: Theoretically, the study contributes to the conceptual framework of innovability leadership by identifying critical competencies and suggesting a more integrated approach to leadership development in business education. Practically, the research underscores the importance of developing targeted training programs and assessment tools to cultivate these competencies in future leaders. This is particularly relevant for business schools, which play a crucial role in preparing students to address complex global challenges. ORIGINALITY AND VALUE: This study fills a gap in the literature by providing a detailed examination of the competencies required for innovability leadership and proposing directions for future research and practice. It offers a unique contribution by bridging the theoretical and practical aspects of innovability in leadership, particularly within the context of higher education. Keywords: innovability, leadership competencies, sustainability, business education, systematic literature review, Sustainable Development Goals, SDGs, leadership development, educational innovation, higher education Integrating science, technology, and experimental knowledge for sustainable innovation: A Living Lab approach to urban biodiversity management PURPOSE: This study aims to enhance understanding of STI (Science, Technology, Innovation) and DUI (Doing, Using, Interacting) integration dynamics in sustainable innovation, specifically investigating its role in innovation outcomes, stakeholder engagement, and the institutionalization of sustainable practices in urban lawn management. METHODOLOGY: Using a single case study design, the study captures real-time, dynamic interactions between STI and DUI practices, observing ongoing processes. Data were collected through five focus group interviews with 32 stakeholders, individual interviews, project documentation, and a project diary. Stakeholders included public sector officials, NGOs, private garden owners, and business representatives, each offering insights into policy, environmental practices, and market-driven solutions. The Living Lab methodology, emphasizing co-creation and iterative feedback, guided both data collection and analysis, with NVivo software and manual coding used to identify key themes and challenges in integrating STI and DUI for sustainable innovation. FINDINGS: The investigation revealed that integrating STI and DUI modes fosters a dynamic synergy: STI provided scientific rigor, while DUI leveraged stakeholder input and local contexts to co-develop adaptive urban biodiversity solutions. This approach addressed location-specific challenges, balancing ecological goals with practical feasibility. For instance, stakeholder engagement refined scientific recommendations, ensuring broader applicability and adoption. Despite tensions between rigor and practicality, the participatory Living Lab methodology facilitated co-creation, aligning scientific insights with real-world needs to enhance sustainable lawn care practices. IMPLICATIONS: The study contributes to innovation theory by showing how integrating STI and DUI modes fosters socially responsive, adaptable solutions for urban biodiversity management. From a practical standpoint, it underscores the importance of stakeholder engagement in developing tools and strategies that balance scientific insights with practical, real-world application. The project offers a replicable model for integrating formal research with user-driven innovation in sustainability projects. ORIGINALITY AND VALUE: This paper provides a unique contribution by showcasing how the integration of formal scientific research (STI) with practical, user-cantered approaches (DUI) can foster innovability. The use of the Living Lab methodology to co-create urban biodiversity solutions bridges the gap between academic research and practical application, offering a novel framework for addressing complex environmental challenges through collaborative innovation. Keywords: sustainable innovation, Science, Technology, Innovation, STI, Doing, Using, Interacting, DUI, urban biodiversity, lawn management, Living Lab, stakeholder engagement, participatory innovation, co-creation, climate change adaptation The role of green blue ocean strategy in enhancing frugal innovation through IoT and AI: A resource-based view perspective PURPOSE: This study explores the role of Green Blue Ocean Strategy (GBOS) in promoting frugal innovation by leveraging IoT and AI from an RBV theoretical perspective, targeting creative entrepreneurs in Central Java, Indonesia. METHODOLOGY: A quantitative approach was used, with Structural Equation Modelling (SEM) analyzed via AMOS. Data from 262 creative entrepreneurs were collected through an online closed questionnaire using purposive sampling. FINDINGS: The study reveals that (1) IoT does not significantly impact frugal innovation, (2) AI positively influences frugal innovation, and (3) GBOS effectively mediates the relationship between IoT, AI, and frugal innovation, suggesting that integrating sustainable strategies with technology can lead to more cost-effective and inclusive innovations. IMPLICATIONS for theory and practice: The study extends the RBV framework by integrating the GBOS concept, demonstrating its effectiveness in optimizing digital technology for sustainability-driven innovation. It contributes to the literature on sustainability strategies and the Resource-Based View by introducing a novel theoretical model that links GBOS, IoT, and AI with frugal innovation. Practically, GBOS offers a pathway for creative entrepreneurs to overcome resource constraints and achieve competitive advantages through sustainable practices. ORIGINALITY AND VALUE: This study introduces Green Blue Ocean Strategy (GBOS) as a novel conceptual framework that extends the traditional Blue Ocean Strategy (BOS) by integrating sustainability principles. GBOS addresses both economic and environmental concerns, enabling businesses to achieve cost-effective innovation. Grounded in the Resource-Based View (RBV), this study systematically develops and empirically tests GBOS by linking it with IoT, AI, and frugal innovation. The framework offers a new lens for sustainable competitive advantage in resource-constrained environments. Keywords: internet of things, artificial intelligence, green blue ocean strategy, frugal innovation, resource-based view, sustainability, sustainable strategy, digital technology, sustainability-driven innovation, sustainable innovation The impact of eco-innovation on circular economy in EU countries: How patents affect circular material use rate? PURPOSE: The main objective of this study is to examine how eco-innovation activities, measured by the number of patents related to recycling and secondary raw materials, affect the level of use of circular materials in economic processes in European Union countries. Simultaneously, to take into account the impact of the other drivers of the circular economy, the study includes control variables such as GDP per capita, share of income from environmental taxes, age structure of the population, and level of education of the population. METHODOLOGY: This study uses a generalized linear model for panel data. For all analyzed explanatory variables, greater inter-group variation than intra-group variation was observed, so a panel-averaged effects estimator was used. The study sample includes 28 European Union (EU) countries. The time scope of this study is 2010-2019. Eurostat database was the source of the unbalanced panel data. This study seeks answers to the following research question: What is the impact of patents related to waste management and recycling on the circularity rate of the EU economies? FINDINGS: The results indicate that leaders in the area of circularity are the Netherlands, France, and Belgium. Ireland, Romania, and Portugal occupy last place in terms of the circularity of the economy. There is considerable variation in the number of patent applications related to waste management and recycling in the EU countries. Luxembourg, Finland, Belgium, and the Netherlands have the highest propensity for patents. In contrast, Bulgaria, Greece, and Croatia show the lowest patent activity. Finally, the higher the propensity to patent in waste management and recycling technologies, the higher the rate of circular use of materials. IMPLICATIONS: The results provide a compelling rationale for prioritizing and incentivizing investments in promising technologies to achieve both environmental sustainability and economic prosperity in the long term. ORIGINALITY AND VALUE: Our study sheds new light on the link between eco-innovation and circular economy in EU countries. We address the issue of possible nonlinearities between circularity and its drivers. Given the fractional nature of the response variable (i.e., circular material use rate), we apply the generalized estimating equations (GEE) approach to model both the mean structure and association structure of fractional responses. Keywords: circular economy, CE, circularity, eco-innovation, patent, circular material use, CE driver, EU countries, generalized estimating equations, recycling technologies, waste management Unitary Patent System and innovation dynamics in the European Union: The role of economic resources and R&D investments PURPOSE: The EU supports competitiveness and sustainability via innovations by the patent protection of inventions. On 1st June 2023, the EU launched the Unitary Patent System (UPS) with the Unitary Patent as a universal innovation protection tool. The data regarding its first 20 months of operations offers indices about innovation and patenting trends. METHODOLOGY: The contextual exploration of the UPS was projected into four aims addressing the absolute and relative numbers of Unitary Patents (A1) and the relationship between Unitary Patents and GDP per capita (A2) and GERD (A3) and comparatively juxtaposing them (A4). This deeper contextual understanding of Unitary Patenting dynamic entails EU member states and their top four competitors (China, Japan, South Korea, USA). The data regarding the GDP, GDP per capita, GERD, number of Unitary Patents in total and per millions of inhabitants was collected and visualized via tables and charts, and submitted to a critical comparison. FINDINGS: The first 20 months of the UPS operations suggests that the Unitary Patent is a viable, but not the most popular, patenting option, and that there is a positive impact on the GDP per capita and GERD for the majority of the EU member states and that there are differences between EU member states in their efficiency to generate Unitary Patents. IMPLICATIONS: The performed study confirms the parallel co-existence of various patenting strategies and the importance of investments in patented inventions. However, the size of GDP per capita followed by GERD is a mere pre-requirement that leads to diversified efficiency (even among similar jurisdictions with at least an average GDP per capita and GERD. Arguably, the UPS magnifies the differences, and the six original European integration jurisdictions are not the best UPS players. There are indices about positive trends for Northern EU member states and negative trends for Southern EU member states. ORIGINALITY AND VALUE: This is a pioneering contribution regarding a newly launched system showing that, despite the same regime, EU member states differ dramatically in their approach to patenting and that the level of GDP per capita and GERD are just the starting points. Keywords: Unitary Patent System, EU member states, GDP, gross domestic expenditure on research and development (GERD), GERD per GDP (GERD Index), innovation, sustainability, economic resources, patent protection The Digital-Sustainability Ecosystem: A conceptual framework for digital transformation and sustainable innovation PURPOSE: This study introduces the Digital-Sustainability Ecosystem, a conceptual framework to integrate digital transformation and sustainable innovation. It examines how emerging digital technologies, including artificial intelligence, blockchain, and the Internet of Things, drive sustainability transitions by serving as strategic enablers. Addressing a critical gap in the literature, this research focuses on the dynamic mechanisms and synergies that connect digital transformation with sustainable innovation within a complex ecosystem. METHODOLOGY: The study employs a systematic literature review (SLR) of 50 studies and a comparative analysis of 13 existing frameworks to identify and analyze key mechanisms that link digital transformation and sustainable innovation, culminating in the development of the Digital-Sustainability Ecosystem framework. FINDINGS: The study identifies five interconnected mechanisms: efficiency gains, dematerialization, circular economy enablement, innovation acceleration, and digital collaboration. These mechanisms illustrate the relationships between technological advancements and sustainability objectives while addressing synergies and tensions, such as the trade-offs between energy demands and environmental benefits. The Digital-Sustainability Ecosystem emphasizes multi-stakeholder collaboration, iterative feedback loops, and adaptable processes to address gaps in existing models, positioning digital transformation as a transformative force for systemic sustainability improvements. IMPLICATIONS: The Digital-Sustainability Ecosystem advances theoretical discourse by positioning sustainability as a systemic outcome of digital transformation, extending beyond traditional efficiency-focused models. It emphasizes organizational resilience and stakeholder collaboration as pivotal for achieving sustainability objectives. Practitioners can leverage AI, IoT, and blockchain to enhance resource optimization and foster sustainability-driven innovation ecosystems. Policymakers and organizations are encouraged to combine digital strategies with sustainability imperatives, emphasizing adaptive leadership, regulatory alignment, and multi-stakeholder engagement. ORIGINALITY AND VALUE: This study presents a conceptual framework that bridges theoretical and practical gaps in the literature by integrating foundational theories that associate digital transformation with sustainability imperatives while fostering innovation and competitive advantage. The framework sets the stage for future research, emphasizing potential applications in industry-specific contexts, cross-sectoral collaborations, and the evolving role of emerging technologies in sustainability transitions. By incorporating dynamic feedback loops and systemic adaptability, this framework establishes a foundation for advancing both academic inquiry and practical implementation. It offers guidance for exploring unanswered questions about scalability, policy integration, and multi-stakeholder engagement in the digital age. Keywords: digital transformation, sustainable innovation, digital-sustainability ecosystem, sustainability transitions, artificial intelligence, blockchain, Internet of Things, circular economy, efficiency gains, dematerialization, acceleration, digital collaboration, stakeholders
New Trends In Networking Computing E Learning Systems Sciences And Engineering
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Author : Khaled Elleithy
language : en
Publisher: Springer
Release Date : 2014-11-27
New Trends In Networking Computing E Learning Systems Sciences And Engineering written by Khaled Elleithy and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-11-27 with Technology & Engineering categories.
This book includes a set of rigorously reviewed world-class manuscripts addressing and detailing state-of-the-art research projects in the areas of Computer Science, Informatics, and Systems Sciences, and Engineering. It includes selected papers form the conference proceedings of the Ninth International Joint Conferences on Computer, Information, and Systems Sciences, and Engineering (CISSE 2013). Coverage includes topics in: Industrial Electronics, Technology & Automation, Telecommunications and Networking, Systems, Computing Sciences and Software Engineering, Engineering Education, Instructional Technology, Assessment, and E-learning. • Provides the latest in a series of books growing out of the International Joint Conferences on Computer, Information, and Systems Sciences, and Engineering; • Includes chapters in the most advanced areas of Computing, Informatics, Systems Sciences, and Engineering; • Accessible to a wide range of readership, including professors, researchers, practitioners and students.
Global Trends In Governance And Policy Paradigms
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Author : Hamdan, Mahani
language : en
Publisher: IGI Global
Release Date : 2024-04-09
Global Trends In Governance And Policy Paradigms written by Hamdan, Mahani and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-04-09 with Business & Economics categories.
Major paradigm shifts are occurring at rates that are difficult to keep up with, such as a rise in neoliberal paradigm trends, the emergence of new paradigms in response to global challenges, the role of international organizations in promoting new policy paradigms, and the challenges of implementing new policy paradigms in different national contexts. To remain informed, a reference of these shifts is needed. Global Trends in Governance and Policy Paradigms dissects the intricate fabric of global governance through the lens of evolving policy paradigms. This book explores key themes that have shaped and continue to influence the trajectory of global policy and contemporary governance. The narrative unfolds by scrutinizing the ascendancy of the neoliberal paradigm and dissecting its impact on global governance structures. Beyond this, the text navigates through the dynamic responses of the international community to emerging global challenges, highlighting the role of influential international organizations in shaping and propagating innovative policy paradigms. This book establishes a comprehensive framework for understanding evidence-based policymaking, a crucial facet in the evolving discourse of global governance. Each chapter meticulously examines diverse dimensions, from the intersection of artificial intelligence and public policy to the intricacies of Islamic governance and the implications of emerging technologies on regulatory frameworks.
Global Strategic Management
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Author : Philippe Lasserre
language : en
Publisher: Bloomsbury Publishing
Release Date : 2022-11-03
Global Strategic Management written by Philippe Lasserre and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-11-03 with Business & Economics categories.
Seamlessly blending academic rigour and practicality, this textbook provides an introduction to global business strategy. Assuming a born global perspective, Global Strategic Management is supported by ample pedagogical features, including numerous case studies and examples featuring both established multinationals and unknown SMEs from across the globe. The book takes an applied approach to global business strategy, emphasising functional parts of international business (managing marketing, operations, HR and finance). The text has been widely updated to incorporate the impacts of the Covid-19 pandemic, such as work from anywhere and deglobalization. New to this fifth edition is increased material on sustainability and corporate social responsibility, including discussion of climate change, NGOs and sustainable development goals. Subjects such as the impact of technology, cryptocurrency and global strategy in the digital space are discussed in more detail, while the conflict in Ukraine is also considered.
The Oxford Handbook Of Open Innovation
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Author : Henry Chesbrough
language : en
Publisher: Oxford University Press
Release Date : 2024-01-31
The Oxford Handbook Of Open Innovation written by Henry Chesbrough and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-01-31 with Business & Economics categories.
This Handbook seeks to be the definitive reference for the large and growing field of Open Innovation. A comprehensive collection of short and authoritative chapters, the volume summarizes the most vital research published in Open Innovation. It is an essential reference for seasoned scholars, a welcome introduction for junior scholars, and a kick-start package for undergraduate and MBA students. Four editors, 75 reviewers, and 136 contributors collaboratively developed 57 chapter handbook chapters. These present the current state of the art featuring academic theory and managerial practice as well as the outlook for how open innovation should be further developed. The empirical, conceptual, and practical insights of the handbook highlight the importance of strengthening practice-inspired research and purposeful knowledge exchanges between individuals, organizations, and ecosystems.
Open Innovation Results
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Author : Henry William Chesbrough
language : en
Publisher:
Release Date : 2020
Open Innovation Results written by Henry William Chesbrough and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with Business & Economics categories.
To get real results from innovation, businesses must open up their innovation process and finish more of what they start. This book offers the latest theory and evidence from innovation processes, and discusses how they can, and must, connect to the organization as a whole in order to have real long-term value.
Fast Forward
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Author : Julian Birkinshaw
language : en
Publisher: Stanford University Press
Release Date : 2023-05-25
Fast Forward written by Julian Birkinshaw and has been published by Stanford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-25 with Business & Economics categories.
A guide to the adhocracy form of business management and how it can foster a company's success. The leading companies of the past twenty years have all harnessed the power of information to gain competitive advantage. But as access to big data becomes ubiquitous, it can no longer guarantee a leg up. Fast/Forward makes the case that we are entering a new era in which firms that understand the limits of 1s and 0s will take the lead. Whereas the industrial age saw the rise of bureaucracy, and the information age has been described as a meritocracy, we are witnessing the rise of adhocracy. In uncertain, rapidly-changing times, adhocracic organizations scan the horizon for winning opportunities. Then, instead of questing after more analysis, they respond with agility by making smart, intuitive decisions. Combining decisive action with emotional conviction, future-facing firms seize the day. Fast/Forward paints the big picture of a new approach to strategy and provides the necessary playbook to make your company fit for the future. Praise for Fast/Forward " Fast/Forward makes a compelling case for spontaneity, speed, and a willingness to lead with intuition. More importantly, it speaks to the leadership qualities required to implement its suggestions—providing practical ways to cultivate to those qualities." —Jeffrey Pfeffer, Stanford University, author of Power: Why Some People Have It—and Others Don't "[Birkinshaw and Ridderstråle] are on the right track: In an ever-faster, globalized world, companies not only need a compelling strategy, but also an adaptive and caring performance culture. To unleash their full ingenuity, we have to empower our colleagues to act like owners." —Joe Kaeser, President and CEO, Siemens AG "Big data is oversold as the most important facet of competitive advantage. Rather, breakthrough leaps of faith are necessary to achieve extraordinary results. Fast-Forward is full of practical advice about how to capitalize on this simple idea in order to forge your corporate future." —Anita McGahan, Rotman School of Management, author of How Industries Evolve
Tourism Innovation
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Author : Vanessa Ratten
language : en
Publisher: Routledge
Release Date : 2019-06-26
Tourism Innovation written by Vanessa Ratten and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-06-26 with Business & Economics categories.
Tourism can take many different forms and types but increasingly it is viewed as one of the most innovative industries. This book showcases the innovations in tourism through a creativity, sustainability and technology perspective. Tourism Innovation: Technology, Sustainability and Creativity addresses the growing use and importance of tourism innovation in society. Readers of this book will gain a global perspective on how the tourism industry is changing and taking advantage of emerging technologies, which will help them to foresee potential changes in the industry and plan for the future. Tourism innovation is defi ned as innovating in a cost-effi cient manner by taking into account the available resources. Most of the focus on tourism innovation has been on developing countries but it is also used by companies in other locations. This book explores the way in which tourism innovation differs from other types of innovation and offers a creative solution to issues about sustainability and the circular economy. In this vein, it includes chapters addressing issues related to the following but not limited subjects: co-creation in innovation, social issues in innovation, leadership and innovation, forms of innovation, government innovation and innovation research. This book is suitable for tourism industry professionals, researchers and policy experts who are interested in how innovation is embedded in the tourism industry.
Stakeholder Theory
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Author : R. Edward Freeman
language : en
Publisher: Cambridge University Press
Release Date : 2010-04-01
Stakeholder Theory written by R. Edward Freeman and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-04-01 with Business & Economics categories.
In 1984, R. Edward Freeman published his landmark book, Strategic Management: A Stakeholder Approach, a work that set the agenda for what we now call stakeholder theory. In the intervening years, the literature on stakeholder theory has become vast and diverse. This book examines this body of research and assesses its relevance for our understanding of modern business. Beginning with a discussion of the origins and development of stakeholder theory, it shows how this corpus of theory has influenced a variety of different fields, including strategic management, finance, accounting, management, marketing, law, health care, public policy, and environment. It also features in-depth discussions of two important areas that stakeholder theory has helped to shape and define: business ethics and corporate social responsibility. The book concludes by arguing that we should re-frame capitalism in the terms of stakeholder theory so that we come to see business as creating value for stakeholders.
Smart Quintuple Helix Innovation Systems
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Author : Elias G. Carayannis
language : en
Publisher: Springer
Release Date : 2018-12-03
Smart Quintuple Helix Innovation Systems written by Elias G. Carayannis and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-03 with Business & Economics categories.
This volume examines the relationships among social ecology, innovation, sustainable development and economic growth. The Quintuple Helix innovation model focuses on the interactions among five key elements of society: academia, industry, government, culture, and the environment--with particular respect to harnessing knowledge to promote social, political, and economic development. The Quintuple Helix is a powerful theoretical and practical lens for analyzing and understanding such critical and complex ecological and socioeconomic issues as global warming and climate change and their implications for sustainability. The authors provide policy approaches and strategies to help create a balance among the often competing forces of environmental protection, innovation, entrepreneurship, and social and economic growth that will successfully benefit society and protect democratic values.