Innovating responsibly in a culture of entrepreneurship
Most entrepreneurs want to make the world a better place — but how can they do this responsibly, amidst the pressures to succeed?
Based on chapter 32 of The International Handbook on Responsible Innovation, “Responsible innovation in a culture of entrepreneurship: a US perspective” Co-authored with Elizabeth Garbee.
In the spring of 2013 and for the next two years, I taught a new course on entrepreneurial ethics as a part of the new University of Michigan Master of Entrepreneurship program. The course was unusual on two fronts. First, it explored and developed concepts in a hands-on way that would provide budding entrepreneurs with a practical grounding in socially responsive and sustainable innovation. Second, it was part of a program reflecting a growing trend across the USA of training and empowering the next generation of entrepreneurs as key drivers of economic growth and prosperity. Both the program and the course captured a growing awareness of the importance of translating individual creativity and drive into successful enterprises, and the responsibility that comes from this, particularly given the capacity of the emerging technologies that are so often integral to entrepreneurship to enable great good, or cause great harm.