Social Value of Scientific and Technological Enterprises Essay - 1

Social Value of Scientific and Technological Enterprises - Essay Example There are many types of social value associated with research. International Business Machines, for instance, has stated that â€Å"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 â€Å"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 the 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.