If you are for market creation, you should be for market destruction! Ethics and the relations between exnovation and innovation for changing direction
While innovation and market creation have long received attention for changing the direction of socio-economic development, exnovation and market destruction have received such attention only recently. Rather than assuming innovation and exnovation to be simply two sides of creative destruction proc...
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2024-12-01
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| Series: | Journal of Responsible Innovation |
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| Online Access: | https://www.tandfonline.com/doi/10.1080/23299460.2024.2392305 |
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| author | Lukas Fuchs Rafael Ziegler |
| author_facet | Lukas Fuchs Rafael Ziegler |
| author_sort | Lukas Fuchs |
| collection | DOAJ |
| description | While innovation and market creation have long received attention for changing the direction of socio-economic development, exnovation and market destruction have received such attention only recently. Rather than assuming innovation and exnovation to be simply two sides of creative destruction processes, we aim to balance the discussion by exploring normative arguments in relation to both innovation and exnovation. We show how instrumental and enabling arguments for changing direction also apply to exnovation. By distinguishing three scenarios – complementation, reversion and reduction – we show that these arguments support genuine creative destruction in the case of a complementary innovation-exnovation relation. In addition, we show that they support an independent focus on exnovation, where the latter relies on reversion to old technologies or on overall reduction of economic activity. We discuss the role of freedom across exnovation processes, and the implication of our analysis for directing societal change without reducing democratic possibilities. |
| format | Article |
| id | doaj-art-44caa5512aaa44a489d229b0e37a75f0 |
| institution | Kabale University |
| issn | 2329-9460 2329-9037 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Journal of Responsible Innovation |
| spelling | doaj-art-44caa5512aaa44a489d229b0e37a75f02025-01-07T13:48:20ZengTaylor & Francis GroupJournal of Responsible Innovation2329-94602329-90372024-12-0111110.1080/23299460.2024.2392305If you are for market creation, you should be for market destruction! Ethics and the relations between exnovation and innovation for changing directionLukas Fuchs0Rafael Ziegler1Philosophy & Ethics, Eindhoven University of Technology (TU/e), Eindhoven, the NetherlandsDepartment of Management, HEC Montreal, Montreal, CanadaWhile innovation and market creation have long received attention for changing the direction of socio-economic development, exnovation and market destruction have received such attention only recently. Rather than assuming innovation and exnovation to be simply two sides of creative destruction processes, we aim to balance the discussion by exploring normative arguments in relation to both innovation and exnovation. We show how instrumental and enabling arguments for changing direction also apply to exnovation. By distinguishing three scenarios – complementation, reversion and reduction – we show that these arguments support genuine creative destruction in the case of a complementary innovation-exnovation relation. In addition, we show that they support an independent focus on exnovation, where the latter relies on reversion to old technologies or on overall reduction of economic activity. We discuss the role of freedom across exnovation processes, and the implication of our analysis for directing societal change without reducing democratic possibilities.https://www.tandfonline.com/doi/10.1080/23299460.2024.2392305Exnovationinnovationdirectionalitysustainability policyethicsresponsible innovation |
| spellingShingle | Lukas Fuchs Rafael Ziegler If you are for market creation, you should be for market destruction! Ethics and the relations between exnovation and innovation for changing direction Journal of Responsible Innovation Exnovation innovation directionality sustainability policy ethics responsible innovation |
| title | If you are for market creation, you should be for market destruction! Ethics and the relations between exnovation and innovation for changing direction |
| title_full | If you are for market creation, you should be for market destruction! Ethics and the relations between exnovation and innovation for changing direction |
| title_fullStr | If you are for market creation, you should be for market destruction! Ethics and the relations between exnovation and innovation for changing direction |
| title_full_unstemmed | If you are for market creation, you should be for market destruction! Ethics and the relations between exnovation and innovation for changing direction |
| title_short | If you are for market creation, you should be for market destruction! Ethics and the relations between exnovation and innovation for changing direction |
| title_sort | if you are for market creation you should be for market destruction ethics and the relations between exnovation and innovation for changing direction |
| topic | Exnovation innovation directionality sustainability policy ethics responsible innovation |
| url | https://www.tandfonline.com/doi/10.1080/23299460.2024.2392305 |
| work_keys_str_mv | AT lukasfuchs ifyouareformarketcreationyoushouldbeformarketdestructionethicsandtherelationsbetweenexnovationandinnovationforchangingdirection AT rafaelziegler ifyouareformarketcreationyoushouldbeformarketdestructionethicsandtherelationsbetweenexnovationandinnovationforchangingdirection |