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Research on the relationship between scientific and technological innovation and corporate social responsibility

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DOI: 10.23977/ferm.2024.070116 | Downloads: 4 | Views: 188

Author(s)

Zhenglong Guo 1

Affiliation(s)

1 China Tianjin City Small to Medium Size Enterprise Economic Development Association, 300041, Tianjin, China

Corresponding Author

Zhenglong Guo

ABSTRACT

Scientific and technological innovation plays an important role in contemporary society, and it also poses new challenges to the social responsibility of enterprises [1]. This paper aims to study the relationship between technological innovation and corporate social responsibility, and to explore how to fulfill corporate social responsibility while promoting technological innovation. Scientific and technological innovation has brought more opportunities and challenges to enterprises [2]. By introducing new technologies and innovative products, companies can improve efficiency, reduce costs and meet the changing needs of consumers. However, technological innovation may also bring some negative effects, such as layoffs and environmental pollution. Therefore, enterprises need to fully consider their social responsibility when carrying out scientific and technological innovation. scientific and technological innovation and corporate social responsibility are inseparable. Enterprises should be aware of the opportunities and challenges brought about by scientific and technological innovation and actively fulfill their social responsibilities [3]. The government should strengthen supervision and guidance, promote enterprises to assume more social responsibility in scientific and technological innovation, and jointly promote the sustainable development of society.

KEYWORDS

Technological innovation, Corporate responsibility, social responsibility, relationship

CITE THIS PAPER

Zhenglong Guo, Research on the relationship between scientific and technological innovation and corporate social responsibility. Financial Engineering and Risk Management (2024) Vol. 7: 107-113. DOI: http://dx.doi.org/10.23977/ferm.2024.070116.

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