Beamset Social Designomics

A Social Design Creative Economy

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Beamset Social Designomics is the fusion of Social Design and economics to shape the way the economy creates value and jobs.

According to Designomics, the economic value of a particular design is determined by the design’s influence on societal decision-making. This influence includes the ability to invoke change and empower Social Design to build the economy, the society and human well-being.

Overview

◼ Fusion of Social Design and Economics

◼ Social Design and the Creative Economy

◼ Social Design and Value Added

◼ Social, Creative and Economic Value of Social Design

 

Fusion of Social Design and Economics

Social Designomics is the fusion of Social Design and economics to shape the way economics create value on products, services and employment. Social Design is a unique and novel idea with creative processes by which to explore and advance economic development and employment.

Social Design and the Creative Economy

Creative Economy is based on the value of ideas and people’s use of creativity to increase the idea’s unique value and innovation. The creativity, social and economic value of the products, services and experiences of Social Design will increase awareness, interest, desire and action (AIDA) for the influence, impact and importance of Social Design.

Social Design and Value Added

The world operates on some economics principles, one of which is, ‘The higher the demand for a service or good, the higher the price.’ This higher demand is driven by the value added which is the increased value of the product, service and experience with each stage of development.

 

While value on a particular service, good, or tool is determined by the demand-supply relationship, it is essential that a system is created where value is dependent on the social influence and impact a product gives.

Social, Creative and Economic Value of Social Design

The importance of the social, creative and economic value of Social Design is essential in relation to a better world of co-existence and understanding.

The “value” determination for having a Social Design society and economy is based on “social need” and perception of the need. Social Design will give insight and design that will affect the perception of the social need and thus change the utility of the need itself.

Social Design will bring the world to a better understanding of need and how to translate one’s thoughts and actions into understanding and meeting one’s needs.