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date: 02 December 2020

Abstract and Keywords

This chapter discusses the new role of businesses as responsible innovators. The world is facing “grand challenges” of sustainability, and business will play a crucial role in contributing to a sustainable future by providing innovative solutions that avoid further harm and actively do good. Particular challenges and opportunities are highlighted across the spectrum of economic sectors and firm-specific capabilities for corporate governance and responsible leadership that are conducive to responsible innovation are addressed. The chapter concludes with an agenda for future research into this new role for business firms.

Keywords: corporate governance, economic sector, grand challenges, responsible innovation, responsible leadership, sustainable development

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