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- Title
Dark Side of Business Innovations: A Legal and Philosophical Perspective.
- Authors
Sharma, Prashant
- Abstract
Innovation is the process of human mind to create new ideas which could provide a platform to an organization to defeat its competitors in the market and become a market-king after implementing those ideas upon a particular product or service. Innovation becomes a boon when it renders benefits to the nature, mankind etc. and the same becomes a curse when it becomes violative of morals, ethics and the law of the land. In this era of technological advancement often companies in the wake of becoming the market king very seldom adopt or engage in such activities which are either violative of law or morally not acceptable in the society. Such shortcuts or intention of the organization leads that organization to adopt unethical code of conduct like commission of Socio-economic, political, legal crimes like frauds, misappropriation of funds, food adulteration, corruption, Drug adulteration, white collar crimes and other crimes etc. Through this paper an effort has been made to portray the legal & philosophical dimensions of Negative Innovation which not only slanders the goodwill of an organization but also makes it fall prey before the law and the society. The positive aspect of innovation has been dealt in a soft manner as it already provides a win-win situation to the organizations. Thus, in such situations (to come out from the ideology of Negative Innovation) "Sudarshan Chakra model of innovation & leadership" with the metaphor of "Dharma" acts as a weapon or an instrument of change for the organizations which provides one stalk solution through creation by defeating the competitors & gain autonomy in the market & become a market-king with the people participation and acceptability.
- Subjects
WHITE collar crimes; INNOVATIONS in business; MISAPPROPRIATION of funds; FOOD adulteration; DRUG adulteration; FORENSIC accounting; CROWDSOURCING; GOODWILL (Commerce); STALKING
- Publication
3D: IBA Journal of Management & Leadership, 2020, Vol 12, Issue 1, p89
- ISSN
2230-7524
- Publication type
Article