Document Type

Closed Project

Publication Date

Fall 2001

Instructor

Dundar Kocaoglu

Course Title

Management of Engineering and Technology

Course Number

EMGT 520/620

Subjects

Biotechnology -- Ethics, Technological innovations, Technology -- Management, Human Genome Project -- Ethical aspects, Genetically modified foods -- Ethical aspects

Abstract

Man is constantly gaining knowledge and improving his way of life. The popular phrase "necessity is the mother of invention" is validated when we look back and examine man's many inventions. We could go on and on listing various inventions and innovations that have greatly impacted our way of life.

Invention and innovation continues even today and the challenge is to effectively manage these new developments and ensure they achieve their full potential and continue to· serve mankind. However, as innovations continue to come forth, the aspect of gaining monetary value from these innovations has become predominant. So much so, that the issue of ethics has become an inevitable one in the world today. Innovators and inventors have to address this issue in addition to their corporate strategies.

This paper considers the role of ethics in the innovation process of the biotechnology industry. Innovators in this industry have to spend a lot of their time making their innovations acceptable to the customer within an ethical framework. How do they go about this? What is the nature of the issues or problems they encounter? What considerations should innovators make when coming up with new products? Should they shelve their inventions purely because society will not accept them?

Rights

In Copyright. URI: http://rightsstatements.org/vocab/InC/1.0/ This Item is protected by copyright and/or related rights. You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s).

Comments

This project is only available to students, staff, and faculty of Portland State University

Persistent Identifier

http://archives.pdx.edu/ds/psu/24318

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