Strategic Sustainable Development for a Prosperous Human Existence through Applied Technological Innovations

Augustus E. Osseo-Asare

2018

Abstract

In today’s fast and dynamic 21st Century global business environment, the practical application as opposed to conceptualisation of engineering, scientific and decision-making technologies is a critical prerequisite for achieving sustainability and a prosperous human existence through sustainable development initiatives. While some countries continue to successfully apply practical competencies and dynamic capabilities to develop their societies in a more sustainable way, the same cannot be said for some countries in Sub-Sahara Africa and Asia-Pacific regions. This paper first critiques the applicability of technologies by arguing that ‘sustainable development’ is best understood as a multi-faceted concept rooted in ‘sustainability' as a societal goal of achieving a future desired state of human-ecosystem equilibrium, environmental concerns, economic and social development. Second, it proposes a holistic framework based on the experiences of European Food Retailers in the Asia-Pacific countries - which identifies three key areas for sustainable development: (1) Community regeneration in terms of ‘job creation’, (2) Responsible trading in terms of ‘labour standards’, and (3) Applied technological innovations in ‘waste recycling’. The findings make it imperative for strategists to critically debate the impact of applied technologies, responsible trading and community regeneration on corporate profitability, national wealth, and sustainability of a prosperous human existence.

Paper Citation

in Harvard Style

Osseo-Asare A. (2018). Strategic Sustainable Development for a Prosperous Human Existence through Applied Technological Innovations. In Proceedings of the 2nd Forum in Research, Science, and Technology - FIRST, ISBN 978-989-758-574-6, pages 124-134. DOI: 10.5220/0009153600002500

in Bibtex Style

@conference{first18,
author={Augustus E. Osseo-Asare},
title={Strategic Sustainable Development for a Prosperous Human Existence through Applied Technological Innovations},
booktitle={Proceedings of the 2nd Forum in Research, Science, and Technology - FIRST,},
year={2018},
pages={124-134},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009153600002500},
isbn={978-989-758-574-6},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 2nd Forum in Research, Science, and Technology - FIRST,
TI - Strategic Sustainable Development for a Prosperous Human Existence through Applied Technological Innovations
SN - 978-989-758-574-6
AU - Osseo-Asare A.
PY - 2018
SP - 124
EP - 134
DO - 10.5220/0009153600002500