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I. POLYVALENT MODEL & VIRTUAL ECONOMY
13. Polyvalent space. Features of the investment process

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A theory based on the implementation of new scientific ideas, concepts, options and approaches to integrate knowledge and innovation with business culture and communication technology, which will lead to the creation of a new civilisation. In addition, polyvalent development contains solutions to the most complex problems not considered by other theories of sustainable development. For example, polyvalent development contains solutions to the problems of so-called «world homogeneity» and «global monoculture». The polyvalent approach to development is the practical mathematics of sustainable development.

Polyvalent development is a new worldview that can be implemented on the basis of an existing worldview.

Polyvalent development is a global scientific project based on universal scientific ideas, concepts, options and approaches.

Polyvalent development can be applied in various fields, ranging from business and economics to politics, science, and sociology.

In fact, this is a polyvalent model in which a number of diversified areas and technologies, diverse existing projects that meet the requirements of sustainable development are combined into a single basic structure to consolidate a wide range of values in a single system of values through the use of a polyvalent model as an effective mechanism for implementing the ideas of sustainable development now and in the long run.

The polyvalent model forms attractive semantic concepts and formulations: «Polyvalent space» is a space in which the basic principles of sustainable development are applied and determined by the needs of the population.

«Polypragmatism» is a method of sustainable development and the driving force behind everything new.

Polytechnic is a method of putting sustainable development into practice and creating new products.

«Polyeconomy» is the formation of sustainable development and its application.

«Multi-organizational» is the formation of a multi-organizational management and a specific culture.

«Polytechnon» is a technology that makes it possible to implement polypragmatism and polyeconomy in practice, to ensure the formation of polyorganizational management systems and polytechnon.

«Polysystem» is a system of values and their implementation in the form of a new type of person and modern ethical responsibility.

The idea of green sustainable development is so general that it is possible to attract and develop other projects in different directions within the framework of one polyvalent project model, whether it is a large complex mechanism or a small gear, but all of them will eventually be used as the basis for implementing the general idea of green sustainable development. It also means using a model where there is not a replacement of one technology for another, but the replacement of existing projects with projects of a new type, based on the values of sustainable development.

There are several advantages associated with polyvalent models, such as better stability, risk reduction, the use of cross-technologies in a single intellectual property space, mutual preferences, support, and other features that arise when an extended list of components from different industries is involved in a common project to ensure it success, reducing risks, promoting open interaction, joint decision-making and other positive features, including the exit from the node of the issue of superiority.

The question of primacy: «Which comes first, the chicken or the egg?» It is important to understand that the development of science-intensive products, the development of science-intensive technologies themselves, the scale and availability of conditions for their use, the potential market for their application, incorporation, and many other factors force them to be divided into investments. streams for use in practically independent directions, which, at the same time, cannot be considered separately and function in isolation.

As a result of selective and sometimes biased investment decisions on the part of investors, a significant part of projects relate to one-vector topics that are initially limited in application or applied to systems and conditions that have not yet been created, which in turn nullifies further development or becomes the subject of financing schemes in the form of «science for science’s sake» type grants that stop further development.

There are several reasons for the underdevelopment of one or another technique. One of them is the lack of applications of this technology, which, in turn, is caused by the lack of an appropriate system environment or the lack of conditions for the use of certain systems. Another reason is the lack within a certain highly developed area of knowledge.

A topic not developed in other fields, such as information technology, or in a specific branch of engineering.

The situation is aggravated by the fact that the developers of some technologies are not interested in the development of other technologies, and vice versa. This line of development is fragmentary and cannot be considered as a whole.

Factors leading to fragmentation include the fact that technology development is funded from various sources, including private companies, grants, industry programs, military programs, and so on. The choice is made within each of the individual development vectors, as a result of which funding is directed primarily to projects that are most likely.

In the absence of investment opportunities in the main pay-for-pay area (ready-to-pay technologies), scientists and engineers are forced to undertake research into areas that require significant financial investments or the development of new technologies and new systems either their adaptation to new conditions, or the development of new materials, or the development of new knowledge in existing systems in one of the areas for which there is no funding; or they should be doing basic research. This results in a lengthy development process that requires much more time and effort.

In addition, a significant portion of investment funds for physical and technical research and development is in the form of sponsorship or donations, which are largely «untouchable» for the state, cannot be estimated in advance and are used at the discretion of the government. Due to the fact that many high-tech development projects require to a large extent long-term financial investments, such investments are not always used for the most promising projects, but rather for those that are basically «pleasant to the eye», at the same time not quantitative enough in its scalability.

An example of the bias of the project is the situation with the Green Pine radar, which was developed in the USSR in the early 1960s, but turned out to be practically useless due to the fact that its parameters and characteristics were not developed on the basis of the existing radar system, but on the basis of a foreign an analogue that did not reflect the real state of the opposing side.

The problem of priority and the question of the chicken.

These are fresh technologies that do not yet have a market and, as a result, are not commercialised, which is a classic example of technological waste and waste. Financing these projects, which are aimed at creating advanced technologies that have not yet passed commercial maturity and are capable of producing the desired results, is usually the main activity of «investing in high technologies».

The main criterion for evaluating the effectiveness and efficiency of the investment process is the ability to bring a high-tech product to the market and create demand for it in the market (the so-called «market pull» strategy). This is an alternative to the «technology creation» strategy. All of the above indicates that high-tech investment methods should be based on the existing market demand for high-tech goods and services. The product itself is defined as useless, i.e. products whose value lies in the added value they provide (work products) and services whose value lies in the added value they provide (service products).

The work product is the main value of the product and benefits the work process as a result of the preceding process. It is not a process, but the result of a process.

The main source of the work product, service product and service product supplier are the main sources of income. The supply of the work product is provided by the supplier of the service product.

This is the foundation on which development is built and will be the basis for its sustainable development through a multilateral approach with the goal of and for the protection of the environment.

Investing in high technology for the development of products and technologies cannot be made without generating income from products and services, since the overall strategy for creating high-tech products and services for this market is based on market demand.

And vice versa, in the absence of a clear understanding of the viability of certain projects, large corporations can simply block and reduce funding in certain areas, regardless of positive results or in the case of control of the investment process and the investor himself.

The risk of such a situation is most strongly felt at the initial stage of the project development and is determined by the amount and volume of invested funds.

In a situation where significant funds are poured into one project with a one-vector research orientation, it becomes obvious not only the unrealistic nature of the project development, but also the impossibility of its further development, due to the lack of support, both material and moral, the participation of the scientific and business community and as a result, the establishment of new directions.

An example of this is the development of high-temperature superconductor technologies, which require large investments.

In order to attract blended investments in green sustainable development, it is necessary to rethink the role of new polyvalent models in the context of a smooth transition from fossil fuels to clean energy and formulate a new framework for using high technologies for the benefit of people and for the sake of people so that models are more stable, safer and more efficient in general.

Since this is a polyvalent model, and therefore not a classical one, it probably looks more like a system where the basic element is a person, and a person is the basis for development, continuous improvement and the existence of a system that is necessary for his survival.

To do this, it is necessary to make the necessary investments in the development and continuous improvement of one’s own body and mind, one’s own self-organisation, one’s own qualifications, one’s own competencies, professional skills, one’s own health, which is the biggest problem for most people today. One of the most important modern problems is the lack of demanded jobs. One of the reasons for this can be sought in the fact that it is necessary to hire specialists with new knowledge and competencies, which are not yet available, and for this it is necessary to implement a training program to employ specialists with new knowledge and competencies. In this regard, the components of the polyvalent model «Professional University» and «Employment of specialists» are relevant, which can be implemented with the participation of new potential employees and employers, the purpose of which is to ensure the acquisition of knowledge and skills by both new applicants and persons with work experience, solving the problem creation of new jobs, which will significantly increase the competitiveness of economic entities, have a positive impact on the creation of new jobs and the implementation of new polyvalent models.

Responsible Sustainability Model. Polyvalent model & Virtual economy

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