Technology Innovation Service Humanity

Technology Innovation Service HumanityTechnology & Innovation is all about serving people with their needs. However, both are not really being utilized to maximize all of the society’s goals specifically. Applications which make money get built, whereas applications that don’t generate profits do not get created. Even though a product or service isn’t significantly financially beneficial is no reason not to be done. Filling the gap between the possible and the financially rewarding in socially beneficial applications of technology is crucial, and it’s a necessary effort that will require the attention of the technology community.

On many occasions, normal commercial technology serves very well with supporting the social sector. Modern telecom and transportation companies are crucial and invaluable in meeting societal needs, Nevertheless, mission critical requirements which exist just in the social sector in many cases are weak commercial opportunities for organizations. The individuals who most need to have specific types of technology& innovation are least in a position to pay for them. Such cases of market failure have to be tackled.

The social sector is a significant new marketplace for a multitude of technology services, applications and products. Due to the definition of the sector as serving society’s deprived communities, market forces do not provide sufficient compensation to meet these needs. The model of the social enterprise may help address these market failures. Social enterprises are organizations with two bottom lines: social and financial. These businesses choose to serve the underserved, even when these communities may not offer a serious economical profit.

The social entrepreneurs have to employ the same intellect and discipline on their philanthropy that they have utilized for business.

Also, improved investment in technologies that directly support the social sector can provide important outcomes for society. The social sector lags the for-profit sector in adopting technology tools which can significantly improve the potency of the sector.

Innovative specialised Information Systems are heavily needed for managing the flow of information in most of the social & non-profit projects and organizations.

We are at a fundamental intersection in the advancement of technology and social enterprise. Working hard together, the technology, nonprofit, social entrepreneurs, enterprises, governments and international organizations can ensure far-reaching success in the long-term efforts in order to reach the social potential of technology. 

Title of Your paper.

Technology and Innovation in the service of humanity: Challenges and Opportunities

 Describe the topic(s) or issue(s) you wish to investigate for your paper.

These must relate to the subjects that comprise your programme of study, and must clearly indicate what your aims /objectives / research questionswill be.

Technology Innovation Service Humanity

Main Topic: How & Why & What Technologies & Innovations should be utilized to society’s needs and requirements regardless of their financial returns?

Why and How in case a product or service isn’t significantly financially beneficial is no reason not to be done?

How can we fill the gap between the possible and the financially rewarding in applications of technology?

How can the social sector be a new marketplace for a multitude of technology services, applications and products?

How and why the mission critical technology requirements of the social sector can be addressed?

As society’s underserved needs in many cases are weak commercial opportunities and the individuals who most need specific types of technology & innovation are able to pay for them. How can such cases of market failure be tackled?

How social entrepreneurs and social enterprises can play a significant role in answering the needs of social applications of Technology?

Why & How the social entrepreneurs have to employ the same intellect and discipline on their philanthropy that they have utilized for business?

Why improved investment in technologies that directly support the social sector can provide important outcomes for society?

Why are Innovative specialized Information Systems heavily needed for managing the flow of information in most of the today’s social & non-profit projects and organizations?

How at such a fundamental intersection in the advancement of technology, working together, the non-profit, social enterprises, governments and international organizations can ensure success in the long-term efforts in order to reach the social potential of technology?

What facts or information will you need to gather?  How will you access these?

I should review the current literature regarding the corporate social responsibility, social share, social entrepreneurship and social enterprises. Also, I need the access to the information about the different non-profit and charity projects and organizations.

I will be able to access my needed information from the existing essays, books, papers, journals and conferences, government publications, organization’s websites and reports.

Also, the international reports provided by organizations like UN can be a great help.

Most of the needed information can be gathered online and I may use different statistics, interviews and surveys about related topics by private and public organizations (International and Local).

To which subject area(s) is this paper – in your view – most strongly related?

 Business Innovation, Information Technology, Corporate Social Responsibility, Social Entrepreneurship, Non-Profit Management