Responsible Innovation in Support of Society 5.0-Aspects of Audit and Control

We have developed an innovation model through which the benefits of the transformation of social needs into each other can be exploited. The model manages the planning and implementation processes of innovation in a unified system, approximately in parallel. Responsible innovation, as we have named our approach, minimizes the development slack, increasing the effectiveness of financial support for innovation. Reviewing the concept of the Japanese Society 5.0 initiative, we came to the conclusion that our model would always have been tailored to the innovation needs of Society 5.0. At the same time, the Society 5.0 culture would be the most favorable medium for the completion and spread of our model. Responsible innovation is based on transformative research, and the soul of its implementation is modularization. This requires appropriate standards, audit and control support Thanks to technological development and based on the opportunities inherent in responsible innovation, virtual economic zones, which provide a regulatory and organizational framework for mdular enterpris, have now become feasible and create. These can play an important role in making financial support for the recovery from the COVID-19 crisis effective. Copyright (C) 2020 The Authors.