A Naïve Framework for Responsible Business Innovation

In this paper I consider a framework to analyze how a firm may engage with a stakeholder with regards to responsible business innovation. In this simple framework, I present how a weak and relatively powerless stakeholder and a more powerful firm interact with each other, given that the firm has vio...

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Bibliographic Details
Main Author: Khairil Annuar, Mohd Kamal
Format: Article
Language:English
Published: Humanistic Management Network Research Paper 2015
Subjects:
Online Access:http://ir.unimas.my/id/eprint/9277/
http://ir.unimas.my/id/eprint/9277/1/NO%2014%20A%20Na%C3%AFve%20Framework%20for%20Responsible%28abstract%29.pdf
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Summary:In this paper I consider a framework to analyze how a firm may engage with a stakeholder with regards to responsible business innovation. In this simple framework, I present how a weak and relatively powerless stakeholder and a more powerful firm interact with each other, given that the firm has violated an ethical standard vis-á-vis that stakeholder in relation to business innovation. This framework is still at the naïve stage, but it will be a useful starting point for future research in stakeholder engagement particularly in issues concerning the sensitivity of firms and organizations towards their weak and powerless stakeholders.