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A MODEL OF THE INNOVATIVE PURPOSE FOR RESPONSIBLE INNOVATION: TOWARDS DESIGN-BASED CORPORATE GOVERNANCE

Published online by Cambridge University Press:  11 June 2020

J. Lévêque
Affiliation:
Mines ParisTech, France
K. Levillain
Affiliation:
Mines ParisTech, France
B. Segrestin
Affiliation:
Mines ParisTech, France
Corresponding

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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Article
Creative Commons
Creative Common License - CCCreative Common License - BYCreative Common License - NCCreative Common License - ND
This is an Open Access article, distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives licence (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is unaltered and is properly cited. The written permission of Cambridge University Press must be obtained for commercial re-use or in order to create a derivative work.
Copyright
The Author(s), 2020. Published by Cambridge University Press

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A MODEL OF THE INNOVATIVE PURPOSE FOR RESPONSIBLE INNOVATION: TOWARDS DESIGN-BASED CORPORATE GOVERNANCE
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