A MODEL of the INNOVATIVE PURPOSE for RESPONSIBLE INNOVATION: Towards DESIGN-BASED CORPORATE GOVERNANCE

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Abstract

Evolutions in corporate law recently introduced an optional commitment mechanism in the corporate contract: a purpose. Its writing is a pivotal but is yet puzzling from a design perspective. Especially it raises questions about how that could help shaping a responsible governance model for innovation. Our paper builds on an extended-decision framework to propose a formal model of how a stated-purpose shapes the decision situation. Our results highlight several purpose formulation strategies and finally a typology regarding how robustness to changes is embedded in the process is proposed.

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Lévêque, J., Levillain, K., & Segrestin, B. (2020). A MODEL of the INNOVATIVE PURPOSE for RESPONSIBLE INNOVATION: Towards DESIGN-BASED CORPORATE GOVERNANCE. In Proceedings of the Design Society: DESIGN Conference (Vol. 1, pp. 1999–2008). Cambridge University Press. https://doi.org/10.1017/dsd.2020.89

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