Is it safe / advisable to use a nonstick baking sheet on an induction cooktop for pancakes (375 F)?
I'm using nonstick pans on my induction cooker without any issues. Also frying pancakes is fine.

So, if something smells weird, it must be a particular issue with your pan, not a general induction-cooker-vs-nonstick-pan thing.

375 F (190°C) should not be a problem for any decent cookware, regardless of the cooker the cookware is being used on. This holds true, regardless whether you're using Teflon, Ceramic or a stainless (uncoated) pan.