Rewarding Responsible Innovation

Had never heard it expressed quite this this way.  So what is responsible innovation?  " ... We are talking about ethics, in that ethics is responsibility-taking for future consequences of present actions. One problem is that we have great difficulty visualizing the consequences of our actions. We may see our new innovative path working beautifully, but it may be more difficult to see any collateral damage surrounding our new process. In a world as interconnected and fast moving as today the effect cause by related events (both positive or negative) can be enormous.... "