The complex and controversial nature of innovation
In today’s world, innovation gets more and more complex, develops at a very fast pace and generates unforeseen, sometimes problematic consequences. There are multiple but often dissonant ways in which the value of innovation can be accounted for. We defend the view that, today, innovating means coping with innovation’s unforeseen externalities, and that the value of innovation is a complex, controversial and, above all, collective issue.
Read Debating Innovation, our online publication, and participate in the discussions and commentaries published in our weblog. Follow the activities of our working groups and check the dates of our events.
In 2011, our thematic focus is finance. Can actors from the financial services industry take responsibility for the potentially devastating consequences that financial innovation can have? How can negative externalities and financial side effects be monitored and taken care of? What kind of practical devices can foster a culture of responsible innovation inside investment banks? Is it possible for potentially affected parties to discuss sophisticated financial products at their design stage? These and similar questions are at the center our activities today. Please check this page for updates and news.