Theoretical analysis reveals market signaling aligns profit motives with responsible innovation in emerging economies, indicating economic incentives drive corporate social welfare.
Key Points
To develop an economics-based signaling framework that reconciles commercial profit orientation with the adoption of responsible innovation by enterprises in emerging economies.
Applied signaling theory to conceptualize how enterprise commitment to responsible innovation can function as an observable market signal.
Modeled the dynamics of information asymmetry between profit-seeking firms and market stakeholders to evaluate competitive differentiation.
Demonstrated qualitatively that responsible innovation can transition from a perceived moral duty into an economically rational choice that drives enterprise competitiveness.
Showed that responsible innovation signals reduce information asymmetry in innovation markets, enabling practicing firms to distinguish themselves and capture strategic advantages.