Governance of new product development and perceptions of responsible innovation in the financial sector: insights from an ethnographic case study

Keren Asante, Richard Owen, Glenn Williamson · 2014 · Journal of Responsible Innovation

Summary. An ethnographic study of a global asset management company reveals that new product development follows a structured stage-gating governance model involving multiple internal and external actors. The company frames responsible innovation primarily through client needs and risk management—operational, legal, regulatory, and reputational. Staff perceive a cautious organizational culture that minimizes destructive outcomes. The stage-gating architecture provides a mechanism for embedding broader responsible innovation concepts.

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@article{asante-2014-governance-new-product-development-perceptions,
  title   = {Governance of new product development and perceptions of responsible innovation in the financial sector: insights from an ethnographic case study},
  author  = {Keren Asante and Richard Owen and Glenn Williamson},
  journal = {Journal of Responsible Innovation},
  year    = {2014},
  doi     = {10.1080/23299460.2014.882552},
  url     = {https://doi.org/10.1080/23299460.2014.882552}
}

TY  - JOUR
TI  - Governance of new product development and perceptions of responsible innovation in the financial sector: insights from an ethnographic case study
AU  - Keren Asante
AU  - Richard Owen
AU  - Glenn Williamson
JO  - Journal of Responsible Innovation
PY  - 2014
DO  - 10.1080/23299460.2014.882552
UR  - https://doi.org/10.1080/23299460.2014.882552
ER  - 

Details

DOI

10.1080/23299460.2014.882552

Countries

United Kingdom

Regions

Europe

Categories

innovation-theory, general-innovation

Added

2026-04-28