Case Study: Adapting Society to Modern Development Through Entrepreneurial Skills

 Mohammed Ashraf Hasanain(TP078045)


Adapting Society to Modern Development Through Entrepreneurial Skills




Intro

In the rapidly evolving landscape of the 21st century, people need to be more adaptable to new technologies, as we can see everything changes such as the economic transitions, the ways of teaching, and cultural changes it's changing faster than before, This adaptation is significant it must exist to ensure development and sustainable prosperity. One of the effective methods that makes the adoption easy is through the cultivation of entrepreneurial skills. This study case finds how people could embrace change by fostering the talent of organizing essential entrepreneurial among their citizens.



Mohammad Abdelrahman(TP073489)

Overview of the case study



Society 5. 0 is a supposed postcapitalist, largely post-industrial, technologically enhanced utopia in which society advances maximal human flourishing by harnessing the power of technology and innovation to solve systemic societal problems. Adapting to Society 5. 0 entails promoting eg technological advancements such as digital processes, Artificial Intelligence, the Internet of Things, and big data to enhance a smart and sustainable society. As part of adaptation, one should and has to acquire or build practical business skills for entrepreneurship.

Entrepreneurs in Society 5. The personnel cannot remain ignorant when their organizations begin implementing advanced digital technologies. Decision-making aptitude and critical analyzing abilities are effective in creating a viable, new approach toward tackling multifaceted challenges. Interpersonal skills include collaboration skills in teams, communication skills in teams, and professional strengths and weaknesses of individuals in team dynamics. Flexibility and resourcefulness mean that a professional can overcome challenges in a rapidly evolving Technosphere.

These skills should be taught to learners on both the curricular and co-curricular aspects of learning so that they develop and practice lifelong learning and updating skills throughout their careers. Cultivating entrepreneurship is known to promote the active approach to receiving new opportunities, contributing to the improved quality of life and the GDP in the context of the so-called Society 5.0. ( Hiroaki Nakanishi, 2019 ).





Hana Okamura(TP074493)

Research & Analysis:-

Research 

Japan's vision for the future society, following the eras of hunting (Society 1.0), agricultural (Society 2.0), industrial (Society 3.0), and information societies (Society 4.0), is Society 5.0. First proposed in the 5th Science and Technology Basic Plan (January 22, 2016), Society 5.0 is defined as "a human-centered society where economic development and social issue resolution are compatible through a highly integrated system of cyberspace and physical space."  (Japanese cabinet, 2016)

 

 

Analyze 

Digital literacy:

Digital literacy is an essential entrepreneurial skill in the Society 5.0 era, requiring the ability to understand and utilize advanced technologies such as IoT, AI, robotics, and big data. Specifically, learn programming, especially programming languages such as Python and JavaScript, to develop websites and apps/ proficient in data analysis tools such as Excel and R to analyze data and obtain useful information for business/ develop knowledge and skills to protect information assets from cyber-attacks. (Suzuki, 2018)

      Creativity: 
About creativity, the ability to generate new ideas and develop innovative solutions is a must. For example. Brainstorming, in which teams freely exchange ideas and generate new ideas, and mind mapping, a method of organizing ideas visually and generating new ideas. (Monja, 2024)


Abdel Rahman Ashraf Hasanain(TP077708) & Adel Zeinab(TP078282)

Solutions & Strategies:-



To keep up with the world you live In, you must follow some strategies to increase and develop your essential entrepreneurial skills. One of the most important skills, is lifelong learning and skills development, because it will enhance your way of thinking, as well as you will be able to catch up the running trends. Also, people must fight their fear and resilience to keep on track with others, as also they must be open-minded, by accepting the new trends, trying to adapt and deal with them, Instead of resisting them. Not only that but also, the strategy of being creative plays a huge role in developing entrepreneurial skills and that’s because you are benefiting the world with your innovation, as well as it encourages others by thinking in a different way and outside the box. Lastly is the strategy of market research which is very important step to adapt to society and develop essential entrepreneurial skills, and that’s by knowing the interests of people, having a good and sharp insight into the running markets, and by doing statistics about individuals desire. So by following this kind of strategy, it will be easier for individuals from the aspect of adaption and developing essential entrepreneurial skills.


To achieve the vision of Society 5.0, a comprehensive set of strategies needs to be implemented. These strategies focus on leveraging advanced technologies while ensuring that societal and ethical considerations are met. Here are some key strategies for Society 5.0: 

1. Technological Integration a. Internet of Things (IoT) and Big Data: Deployment of IoT: Extensive deployment of IoT devices to collect data from various sources, such as homes, industries, healthcare, and transportation systems. Big Data Analytics: Utilizing big data analytics to process and analyze the vast amounts of data collected, generating actionable insights for decision-making and optimization. b. Artificial Intelligence (AI) and Robotics: AI Development: Advancing AI technologies to enable smart decision-making, predictive analytics, and personalized services. Robotics Integration: Integrating robotics in various sectors, including manufacturing, healthcare, and services, to enhance efficiency and precision.(Gilbertson, 2007)

 2. Human-Centri Design a. Enhancing Quality of Life: Personalized Healthcare: Developing personalized healthcare solutions using AI and genetic information to provide tailored treatments. Smart Cities: Creating smart city infrastructures that improve urban living through efficient resource management, smart transportation systems, and enhanced public services. b. Education and Skill Development: Lifelong Learning: Promoting lifelong learning and continuous skill development to ensure that individuals can adapt to rapidly changing technological landscapes. STEM Education: Emphasizing STEM (Science, Technology, Engineering, and Mathematics) education to prepare the workforce for future technological challenges.

Conclusion

The appearance of the skills that can turn this mid-sized European city into an environment more suitable for modern types of employment proves the potential of honing the quality  In this way, the town gained the acquisition of education, availability of facilities that can support the change and active participation from the community, giving the city the ability to handle the transition to economy and started the development to put up a strong ground for the support of sustainable economy.  Based on this case, other cities that have felt the need for corresponding changes should learn various lessons and expound on various corresponding plans needed to increase their resilience and promotion in a transforming world.



References:


business abc, August 9, 2023, Society 5.0: The Fundamental Concept Of A Human-Centered Society- https://businessabc.net/society-5-0-the-fundamental-concept-of-a-human-centered-society 

GilberGilbertson, N. (2007, November 6). What Is Successful Technology Integration? Retrieved from https://www.edutopia.org/technology-integration-guide-description

What is

Elizabeth Perry, November20, 2023: The 12 best entrepreneurial skills- https://www.betterup.com/blog/entrepreneurial-skills

Hiroaki Nakanishi - Agenda Contributor | World Economic Forum (weforum.org)

Josephine Aug 24, (2021). How Is Technology Changing the World, and How Should the World Change Technology? https://online.ucpress.edu/gp/article/2/1/27353/118411/How-Is-Technology-Changing-the-World-and-How

Ravpreet KaurJun 8, (2023).Entrepreneurial Skills – Types, Examples, & Importance. https://www.feedough.com/entrepreneurial-skills-types-examples-importance/


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