ABSTRACT

The purpose of this chapter, therefore, is to highlight links between the research fields of responsible leadership and responsible innovation and to point out the influence pathways through which responsible leadership can drive responsible innovation. It will reflect on areas related to responsible innovation where responsible leadership might be especially helpful and thereby discuss novel fields of engagement for rolling out responsible leadership. Finally, the chapter provides an agenda for future research in this area. The following section will introduce the main constructs. ‘Business with purpose’ or ‘benefit corporations’ represent relatively novel legal statutes that are emerging for instance in the US, France, Italy, and Brazil and that connect managerial accountability not only to the profit for shareholders or owners but also to pursuing a specific social purpose. This allows business leaders to dedicate resources to ‘doing good’ without the fear of neglecting their fiduciary duty.