Are Schumpeter’s Innovations Responsible? A Reflection on the Concept of Responsible (Research and) Innovation from a Neo-Schumpeterian Perspective

Abstract

Responsible research and innovation (RRI) has gained significant traction in recent decades. However, the previous discussions on RRI have overlooked the economic dimension of innovation, which is encompassed by the perspective of Neo-Schumpeterian economics (N-SE). This paper aims to bridge the gap between the theories of responsible innovation (RI) and RRI and the underlying assumptions of N-SE. We seek to clarify the concept of responsible (research and) innovation — R(R)I. N-SE inherently recognizes the involvement of diverse stakeholders, including society and the public sector, as entrepreneurs driving and implementing innovation while assuming responsibility for its effects and consequences. In this respect, N-SE aligns with the responsible innovation concept discussed within the R(R)I framework. The paper addresses the fundamental question: What are the shared areas of interest between R(R)I and N-SE? This exploration enhances our understanding and facilitates the practical implementation of R(R)I in the context of N-SE, thereby promoting ethical, socially beneficial, and sustainable technological advancements.