The Fourth Industrial Revolution, consisting of many promising emerging technologies such as artificial intelligence and robotics, to name a few, has also brought a different level of complexity to the world today. One of which is the conduct of business and management research in the era of the FIR.
During a plenary session in the 6th National Business and Management Conference, De La Salle University Full Professor Dr. Benito Teehankee highlights responsible business and management research in the era of the FIR.
The FIR is a confluence of emerging technologies such as the Internet of Things, big data, blockchain, artificial intelligence, and robotics, among many others. Klaus Schwab, the founder and executive chairman of the World Economic Forum, emphasizes that “the Fourth Industrial Revolution will affect the very existence of our human experience”.
Following this fast-paced development, Dr. Teehankee elucidates that a “responsibility turn” or shift in the conduct of business and management research must take place. In a position paper titled “A vision for responsible research in business and management: Striving for useful and credible knowledge”, Dr. Teehankee shares several challenges that need to be addressed, as well as the solutions and current initiatives taking place.
To move forward, Dr. Teehankee suggests prioritizing research that enable business practice to be a positive agent for human and social development and look at how benefits from the FIR can be optimized and its potential harms mitigated. Promoting a critical and ethical view towards big data and business analytics are also suggested by Dr. Teehankee.