Book contents
- Reviews
- Corporate Responsibility for Wealth Creation and Human Rights
- Corporate Responsibility for Wealth Creation and Human Rights
- Copyright page
- Dedication
- Contents
- Figures, Tables and Boxes
- Preface
- Acknowledgments
- 1 Introduction and Overview
- 2 The Context of Globalization, Sustainability and Financialization
- Part I Wealth Creation
- 3 Semantics and the Wealth of Nations
- 4 Wealth Includes Natural, Economic, Human and Social Capital
- 5 Wealth Is a Combination of Private and Public Wealth
- 6 Wealth Creation Is about Producing and Distributing Wealth
- 7 Creating Wealth Involves Material and Spiritual Aspects
- 8 Creating Sustainable Wealth in Terms of Human Capabilities
- 9 Creating Means Making Something New and Better
- 10 Wealth Creation Needs Self-Regarding and Other-Regarding Motivations
- Part II Human Rights as Public Goods in Wealth Creation
- Part III Implications of Wealth Creation and Human Rights for Corporate Responsibility
- Bibliography
- Index of Names
- Index of Subjects
9 - Creating Means Making Something New and Better
from Part I - Wealth Creation
Published online by Cambridge University Press: 11 January 2021
- Reviews
- Corporate Responsibility for Wealth Creation and Human Rights
- Corporate Responsibility for Wealth Creation and Human Rights
- Copyright page
- Dedication
- Contents
- Figures, Tables and Boxes
- Preface
- Acknowledgments
- 1 Introduction and Overview
- 2 The Context of Globalization, Sustainability and Financialization
- Part I Wealth Creation
- 3 Semantics and the Wealth of Nations
- 4 Wealth Includes Natural, Economic, Human and Social Capital
- 5 Wealth Is a Combination of Private and Public Wealth
- 6 Wealth Creation Is about Producing and Distributing Wealth
- 7 Creating Wealth Involves Material and Spiritual Aspects
- 8 Creating Sustainable Wealth in Terms of Human Capabilities
- 9 Creating Means Making Something New and Better
- 10 Wealth Creation Needs Self-Regarding and Other-Regarding Motivations
- Part II Human Rights as Public Goods in Wealth Creation
- Part III Implications of Wealth Creation and Human Rights for Corporate Responsibility
- Bibliography
- Index of Names
- Index of Subjects
Summary
Creativity and innovation have been vital in the history of humankind in all spheres of life and pose unprecedented challenges today. It is therefore appropriate to clarify these terms and emphasize their importance for the creation of wealth, drawing on relevant literature of economic history and innovation. Creating is more than possessing and acquiring wealth; it means making – not only imagining – something new and better. While innovation goes beyond invention by rendering new ideas feasible in economic and financial terms, it needs to be qualified in ethical terms as well because innovation can be highly unethical, like, for instance, human cloning. The chapter refers to multiple aspects of ethical innovation for wealth creation, based on the book Ethical Innovation in Business and the Economy by G. Enderle and P.E. Murphy (2015).
- Type
- Chapter
- Information
- Publisher: Cambridge University PressPrint publication year: 2021