Conceptual Model for Responsible Innovation Management in Business Organizations

The notion of responsible innovation has caught a big attention in post-crisis research of management, as it brings more and more economical facts that application of responsible innovation process in organizational activities brings stable and long-term successful results. However, the way in which responsible innovation process should be integrated into the organizational innovative context is less clear. The paper examines decomposition of responsible innovation process, focusing on high-tech organizations in medical sector, which is heavily dependent on responsible innovation and constitutes one of Lithuania's smart specialization fields.