Profit or common good?
In his presentation “Profit vs. Public Good in Technology Transfer?”, Lukas Madl examined the relationship between profit and social value in the fields of innovation and technology transfer. Drawing on his experience in genetics and more than 25 years of working in the commercialization of research results, he argued that while financial incentives for innovation are essential, they must be balanced with the common good to avoid harmful consequences — especially in sensitive areas such as AI in healthcare. He emphasized that technology transfer organizations (TTOs) should not only create economic value, but also actively pursue social value by addressing urgent human and environmental needs. Ultimately, Madl called for an ethically grounded innovation model that focuses on human dignity and holistic social development.
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