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Implementation of Responsible Innovation Strategies in Multinational Technology Corporations -A Comparative Case Study

Bangali, Rutwik LU and Cosgrove, Joseph LU (2024) MGTN59 20241
Department of Business Administration
Abstract
Responsible Innovation (RI) is a relatively new framework and there is limited literature on its implementation in businesses. This thesis investigates if and how three multinational technology corporations implement RI by using a comparative case study approach. The three firms chosen - Airskin, Amazon Web Services (AWS), and Autec - have significantly different market positions (size and resources to innovate) and operate in different sectors (sub-industries). This study explores how these firms' market position and sectoral pace of innovation affects their RI implementation practices and draws broader conclusions about how RI is implemented in the technology industry. Key findings are that technology firms use 1) Customisation, 2)... (More)
Responsible Innovation (RI) is a relatively new framework and there is limited literature on its implementation in businesses. This thesis investigates if and how three multinational technology corporations implement RI by using a comparative case study approach. The three firms chosen - Airskin, Amazon Web Services (AWS), and Autec - have significantly different market positions (size and resources to innovate) and operate in different sectors (sub-industries). This study explores how these firms' market position and sectoral pace of innovation affects their RI implementation practices and draws broader conclusions about how RI is implemented in the technology industry. Key findings are that technology firms use 1) Customisation, 2) Trustworthiness of their Operations and 3) Acceptability of their innovations as ways of implementing RI. The findings show that a sector's pace of innovation and a firm's market position affect these in nuanced ways, with practical implications for technology firms. (Less)
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author
Bangali, Rutwik LU and Cosgrove, Joseph LU
supervisor
organization
course
MGTN59 20241
year
type
H1 - Master's Degree (One Year)
subject
keywords
Responsible Innovation, Technology Industry, Market Leading Firms, Pace of Innovation, Implementation Practices
language
English
id
9156137
date added to LUP
2024-06-24 12:45:49
date last changed
2024-06-24 12:45:49
@misc{9156137,
  abstract     = {{Responsible Innovation (RI) is a relatively new framework and there is limited literature on its implementation in businesses. This thesis investigates if and how three multinational technology corporations implement RI by using a comparative case study approach. The three firms chosen - Airskin, Amazon Web Services (AWS), and Autec - have significantly different market positions (size and resources to innovate) and operate in different sectors (sub-industries). This study explores how these firms' market position and sectoral pace of innovation affects their RI implementation practices and draws broader conclusions about how RI is implemented in the technology industry. Key findings are that technology firms use 1) Customisation, 2) Trustworthiness of their Operations and 3) Acceptability of their innovations as ways of implementing RI. The findings show that a sector's pace of innovation and a firm's market position affect these in nuanced ways, with practical implications for technology firms.}},
  author       = {{Bangali, Rutwik and Cosgrove, Joseph}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Implementation of Responsible Innovation Strategies in Multinational Technology Corporations -A Comparative Case Study}},
  year         = {{2024}},
}