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Business Ethics of Innovation [electronic resource] / edited by Gerd Hanekamp, Friederike Wütscher.

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Electronic resources

Subject: Philosophy (General).
Engineering economy.
Economic policy.
Political science.

Record details

  • ISBN: 9783540723103
  • Physical Description: XV, 112 p. online resource.
  • Publisher: Berlin, Heidelberg : Springer Berlin Heidelberg, 2007.

Content descriptions

Formatted Contents Note: Business Ethics of Innovation. An Introduction -- Corporate Ethics and Globalization — Global Rules and Private Actors -- Research Priorities, Profits, and Public Goods: The Case of Drug Resistant Disease -- Ethical Issues Associated with Pharmaceutical Innovation -- Corporate Responsibility for Innovation — A Citizenship Framework -- Access to Medicines and the Innovation Dilemma — Can Pharmaceutical Multinationals be Good Corporate Citizens? -- IT Innovations and Open Source: A Question of Business Ethics or Business Model?.
Summary: Firms that operate in a market economy often depend upon innovations in order to achieve competitive advantages that sustainably secure their survival. Business ethics is thus largely concerned with questions about the decisional freedoms involved in innovation processes. Innovations oftentimes raise novel questions about the role of the state or the structure of society. Business ethics needs to provide a framework for balancing the different perspectives, values, and interests at stake. This balance must be achieved at the level of the firm in order to facilitate adequate long term decisions, but it should also be sought at higher, including regulatory, levels. Achieving this balance will require an ethical framework for entrepreneurial action. The particular disciplines engaged in generating innovations as well as all relevant fields of applied ethics should be involved in the balancing process. Business Ethics of Innovation is thus necessarily an interdisciplinary endeavour. This volume assesses general questions of how business ethics can help to structure innovations and specifically discusses pharmaceutical innovations as well as innovations in the IT sector.
Host Item: Springer eBooks
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