Corporate Responsibility in Radical Innovation

Corporate responsibility in radical innovation refers to the obligation of companies to develop groundbreaking products or services while considering their impact on society and the environment. This means not only pursuing profit but also ensuring that innovations benefit communities, promote sustainability, and uphold ethical standards. Companies engage in radical innovation by taking risks to create significant changes, but they also need to be accountable for how these innovations affect stakeholders and the planet. Ultimately, it's about balancing cutting-edge advancements with a commitment to positive social and environmental outcomes.