Responsible Innovation

Economic development is rooted in disruption, not in equilibrium. And a powerful engine of economic development is innovation; but is this innovation always for the common good? The dark side of the extraordinary dynamism of innovation lies precisely in its destructive power. If simply left to market forces, it could lead to social chaos and great human suffering.

To face the challenges of our time, we must create the proper climate and culture to develop strong entrepreneurial drive. But, m...