StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Social Value of Scientific and Technological Enterprises - Essay Example

Cite this document
Summary
The aim of the present essay "Social Value of Scientific and Technological Enterprises" is to provide a brief summary of the types of social value generated by these respective types of enterprises and to speculate as to which type is more valuable in a comparative sense…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.7% of users find it useful
Social Value of Scientific and Technological Enterprises
Read Text Preview

Extract of sample "Social Value of Scientific and Technological Enterprises"

Social Value of Scientific and Technological Enterprises There would be no scientific or technological enterprises if they did not generate some form of value socially; the purpose of this essay is to provide a brief summary of the types of social value generated by these respective types of enterprises and to speculate as to which type is more valuable in a comparative sense. As an initial matter, scientific enterprises generally refer to research rather than applications as manifest in the commercial world.

This is not to suggest that the research and development that is conducted in research laboratories is not commercially motivated, most of it certainly is, but to simply note that it is a preliminary step rather than an outcome. There are many types of social value associated with research. International Business Machines, for instance, has stated that “Our research needs not only to attract the attention of academia but also to have an impact on a wide range of sectors in society. Fortunately, IBM has various systems to utilize research results for the benefit of society” (Research Value to Society, 2008: n.p.).

First, IBM intends to convert its research into products. This creates social value in the form of employment, increased tax revenues for social services, business stability and expansion, and a better standard of living. Second, though the research is protected by intellectual property rules, it does become disseminated in many ways as public knowledge. Although others may not violate the research protected the intellectual property laws, they may learn how to build on the newly discovered knowledge.

Finally, research enterprises tend to be rather collaborative in modern times and this means that knowledge is being shared commercially and socially; as an illustration, IBM has stated that “IBM supports the promotion of open systems that optimize open standards and open sources with the goal of realizing collaborative innovations. TRL is working with governments and corporations to conduct research in open technologies, including open document formats (ODF)” (Research Value to Society, 2008: n.p.).

The significance of research is fundamentally the dissemination of knowledge which is most often commercially-oriented but which is increasingly being used to promote social values such as public health and safety and other social objectives. The National Oceanic and Atmospheric Administration’s Office of Oceanic & Atmospheric Research, for instance, has stated that they provide “value to society through improved weather forecasts, and enhanced navigation and aviation safety, as well as improved ocean and coastal services.

Ultimately, the information NOAA Research provides is used by decision makers to prevent the loss of human life and manage natural resources, while maintaining a strong economy” (2006 Key Accomplishments, 2006: n.p.). What is notable is how pervasive these benefits are, applying to fundamental issues of public health as well as the economy. Industrial processes, or technological enterprises, can also add value to society. A popular industrial process today is the manufacture of the hybrid vehicle.

Proponents have claimed that this dual-powered motor vehicle can provide social value in terms of less pollution, less dependence on foreign oil, better fuel efficiency, and quieter cities. As noted by Delucchi and Heffner et al., however, not all of these social benefits can be achieved because the industrial processes and the technologies are not yet perfect (2006:1). It is here that one can weigh the relative importance of scientific enterprises versus technological enterprises; more specifically, industrial processes are always dependent on research and that would seem to make the work going on in research laboratories more important.

The hybrid car context is illustrative because the deficiencies must be resolved in the laboratories or not at all. In the final analysis, both scientific and technological enterprises provide different types of social value. In my view, however, because industrial processes are dependent on research, it would appear that scientific enterprises are slightly more important or valuable.Works CitedDelucchi, M., Heffner, R., Kurani, K., Sun, Y., & Turrentine, T. (2006). “Quantifying the Benefits of Hybrid Vehicles.

” Institute of Transportation Studies University of California, Davis. Accessed June 5, 2008. http://hydrogen.its.ucdavis.edu/publications/pubpres/2006pub/turrentine06“Research Value to Society.” International Business Machines: IBM Research. Accessed June 5, 2008 “2006 Key Accomplishments: Preeminent Research and Value to Society.” National Oceanic and Atmospheric Administration’s Office of Oceanic & Atmospheric Research. Accessed June 5, 2008 http://www.oar.noaa.gov/research/2006.shtml

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Social Value of Scientific and Technological Enterprises Essay - 1”, n.d.)
Social Value of Scientific and Technological Enterprises Essay - 1. Retrieved from https://studentshare.org/social-science/1546798-essay2
(Social Value of Scientific and Technological Enterprises Essay - 1)
Social Value of Scientific and Technological Enterprises Essay - 1. https://studentshare.org/social-science/1546798-essay2.
“Social Value of Scientific and Technological Enterprises Essay - 1”, n.d. https://studentshare.org/social-science/1546798-essay2.
  • Cited: 0 times

CHECK THESE SAMPLES OF Social Value of Scientific and Technological Enterprises

The Global Service Sector Enterprises

The Global Service Sector enterprises Table of Contents Table of Contents 2 Introduction 3 PESTLE Analysis 3 POLITICAL FACTORS 4 ECONOMIC FACTORS 5 SOCIAL FACTORS 8 TECHNOLOGICAL FACTORS 9 LEGAL FACTORS 9 ENVIRONMENTAL FACTORS 10 Drivers and challenges affecting SMEs in Australia 10 Conclusion 13 References 14 Introduction Australia is located in the Southern hemisphere of the earth, in the Oceania, surrounded by the Indian Ocean on one side and the Pacific Ocean on the other....
11 Pages (2750 words) Essay

The Gradual Development of Hewett Packard

Hewett Packard is known as the world's largest IT generation and technological company in the world especially after the launch of EcoPod.... The organizational climate within a company becomes an essential part of the value system of an individual which helps him / her to achieve corporate goals.... International Entrepreneurship Table of Contents Part A 4 Introduction 4 Background Analysis of Hewett Packard & Carly Fiorina 4 Motivation for setting up business for the company 6 Leadership Style Exhibited by Carly Fiorina 6 Future Strategy 7 Conclusion 8 Part B 8 Literature Review 8 Case Study Themes 8 Technical Entrepreneurship 10 Gender and Entrepreneurship 13 social Entrepreneurship 14 Conclusion 16 Reference List 17 Appendix 19 Part A Introduction The increased international marketing and business activities have made it necessary for organizations to work in unification with each other, employees and government....
13 Pages (3250 words) Essay

Operations management, Enterprenuaship and SMEs

Globally, it has been proven that apart from the multinational companies that are being brought up, the small and medium enterprises (SMEs) are also effective in terms of lifting a up a country economy wise.... Small and Medium enterprises (SMEs) Globally In most countries of the world, small-scale businesses are the driving power of the economy; this is evident mostly in the developing counties where the small-scale enterprises are established due to lack of job opportunities....
16 Pages (4000 words) Assignment

Management as Doing Things Right and Leadership as Doing the Right Things

The fast changing global environment in the face of globalization and technological innovation has resulted in new challenges within and without the organisation, thereby aggravating the burden of management even further (Akbar 2012, p.... For instance, multi-cultural conflicts at workplaces constrain management and threatens not only the revenues, but also the survival of enterprises (Canen & Canen 2008, p.... ), thereby underscoring the serious need for management to supply the right kind of leadership to provide direction for enterprises within the turbulent business environment today....
9 Pages (2250 words) Essay

Exploring Organisations and Organizational Elements

There are two types of democratic decision-making: To solve disputes arising out of lack of involvement and communication with the work force and issues arising out of scientific management approach which leads to very little communication with work force exists: Open door policy should be adopted in certain areas t.... o solve disputes arising out of lack of involvement and communication with the work force and issues arising out of scientific management approach which leads to very little communication with work force exists:Open door policy should be adopted in certain areas to make the work force feel important....
4 Pages (1000 words) Research Paper

COFFEE DIRECT UK SOCIAL ENTERPRISE

The popularity of coffee as a beverage is world wide and therefore, it is also an important constituent of international trade. In the present world of today, the only thing that is presumed Due to the factors like technological advancements, developments in the communication process and globalisation, the terms of the trade are fast changing.... The training that the company provides is quite elaborate and includes the basic procedures of extracting the coffee in the proper and scientific way and also the organisation provides training on the various preparations of coffee like that of lattes, cappuccinos and various forms of espresso....
11 Pages (2750 words) Essay

Managing organizational design and change

As defined by (Chamber, 1993) an organisation is a group of individuals whether large or small which is working together guided by the direction of a certain leadership so as to accomplish a set target or goal.... With a common goal or objective, people can come together guided by… The guiding principal for people to form an organization is to have set targets and objectives....
14 Pages (3500 words) Essay

Strategic Management Competitiveness and Globalization

Apple recognizes that the industry in which the company competes embodies speedy technological advances; hence, its ability to compete for hinges on guaranteeing a timely flow of competitive products, services, and technologies, within the marketplace.... Apple is a reputable company that sells its products to consumers, small and middle-sized businesses, education, enterprise, creative markets, and government, besides providing hardware and software products and solutions for clients within the information technology and scientific markets....
6 Pages (1500 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us