[1] The concept is based on the notion of innovation and of techno-economic paradigm shifts according to the theories by scholars such as Joseph A. Schumpeter, Christopher Freeman, and Carlota Perez.
The thought is that periods in economic development are commanded by a worldview driving innovation that impacts through finance components, hierarchical change, and more prominent returns.
Technology governance is a public policy concept; a humanitarian setting can facilitate both control and care of subjects in creating an environment aimed at reducing harms they might experience.
[1] Without governance, redundant technological solutions can occur, creating more complexity as well as a potential increase in cost, compromising future investments for innovation.
They aim to achieve a regulated space for evolution to run its course in the tech world, free from disinformation, malpractice in use of technology, and rules/laws broken.
[7] Among some of the barriers for governance, we see a well-known puzzle: the Collingridge dilemma, holding that early in the innovation process — when interventions and course corrections might still prove easy and cheap — the full consequences of the technology and hence the need for change might not be fully apparent.
Another example is neurotechnology, with embedded devices and brain-computer interfaces that challenge existing safety and efficacy regimes and may fail to consider the potential long-term ethical questions of protecting the human agency and mental privacy.
[9] This uncertainty and unknowingness with emerging technology make the challenges within "opening up" or "closing down" development trajectories the central focus of governance debates between sectors.
The resistance from the general acceptance within emerging innovations can fall under fundamental value conflicts, distributive concerns, or even failures of trust in governing institutions such as regulatory authorities and bodies giving technical advice.
The opposition of public acceptance will require "anticipatory governance," an approach that uses participatory forms of foresight and technology assessment to work towards achieving desired future outcomes and focuses on engaging stakeholders in communicative processes with particular links to policy.
[9] Within anticipatory governance and the confines of the so-called Collingridge dilemma, we envision building three capacities: anticipation or foresight; integration across disciplines; and public engagement.
[9] This summit was first hosted in Japan in April 2021 by the World Economic Forum in collaboration with the Centre for the Fourth Industrial Revolution Network (C4IR).
[10] The summit was co-chaired by various industry professional and educators such as YouTube CEO Susan Wojcicki, and president of Imperial College London Alice Gast.
It is designed for the economy to increase the public's understanding of science, technology, and innovation while simultaneously promoting the research that underpins them and allowing individuals and businesses to grow.
[13] The aim of the organization is to get stakeholders from across the world and of various backgrounds to be involved, as it is seen as necessary in order advance public policies in the rapidly changing area of Internet Governance.
According to the IGF, participants in the conference are usually from "World Summit on the Information Society (WSIS) and Economic and Social Council (ECOSOC) accredited entities"[14] as well as other organizations that have proven expertise and background that is related to Internet governance.
IEEE is the world's largest technical professional organization and aims to foster innovation and technological advancement to benefit society.
[17] The organization is led by Director, Tim Berners-Lee, and the CEO, Jeffrey Jaffe and they achieve their goals by developing the protocols and guidelines pertaining to the Web to make sure that it is successful in the long-term.
[20] One of the main ways the USTPC contributes is through providing informational reports on computing-related policy issues such as Digital Privacy, Deep Fakes, Cyber Security, and various more topics.
The Subcommittees of the USTPC are led by chairs appointed by James Hendler and divided down into: IGI is a NGO which is focused on promoting and researching Internet Governance in the Asia Pacific region.
[27][28] The IGI executive team is currently led by Chairman Manohar Kumar Bhattarai, who is involved with IT Policy in Nepal and has over three decades of experience in the Information and Communication Technology sector.
[29] Bhattarai is supported by six other Directors on the executive board: Upendra Keshari Neupane, Rajendra Dahal, Umesh Raghubanshi, Roshan Pokharel, Sapana Shahi, and Babu Ram Aryal who also serves as the CEO.
[31] This Alliance will facilitate and advance global policy norms to help accelerate the use of conscientious practices, mitigate potential risks, and engage in openness to establish public trust.
The conference has representatives from "Argentina, Chile, Estonia, Germany, Ireland, Singapore, Ecuador, Mexico, Morocco, Trinidad and Tobago, and the United Kingdom" and also include large companies such as Facebook, Google, Twitter, Amazon, and Apple.