Missing in the debate on the ‘responsibility’ of research, innovation, and business is an examination of a possible conflict between the quest for ‘responsibility’ and the normative economic principles or ‘micro-economic foundations’ that guide the world’s financial capital and therefore determine which businesses, innovations and research are and which are not funded. As a result, much research and innovation that is deemed responsible will not materialise. We propose that such conflict can be resolved by re-examining our understanding of choice and capital, and by recognising mainstream economics’ utilitarian foundation – homo economicus − as an unduly restrictive version of a wider Aristotelian understanding of choice.
|Title of host publication||Responsible Innovation in Large Technological Systems|
|Editors||J. Roland Ortt, David van Putten, Linda M. Kamp, Ibo van de Poel|
|Publisher||Routledge - Taylor & Francis Group|
|Number of pages||19|
|Publication status||Published - 2020|
Naastepad, R., & Mulder, J. M. (2020). How do we judge the responsibility (or otherwise) of research and innovation? Capital, Aristotle, and the neglected factor: freedom. In J. R. Ortt, D. van Putten, L. M. Kamp, & I. van de Poel (Eds.), Responsible Innovation in Large Technological Systems (1 ed.). Routledge - Taylor & Francis Group. https://www.taylorfrancis.com/books/e/9781003019930/chapters/10.4324/9781003019930-9