Diabetes and Social Entrepreneurship
New Diabetes Technology
As time flies by, there is always some curiosity on what direction the new diabetes technology will take. On the side, we can talk about innovation in the various medical fields, and the most significant concern which always arises is the access and affordability of these inventions. The purpose of this paper is to update the multiple practitioners in the medical fields on the current diabetes technologies. Such information on the updates includes insulin pumps and glucose monitoring (Acerini, 2016). Added to this are emerging technologies for example diabetes applications in mobile phones as well as telemedicine which are among the newest technologies in the field currently.
There are several highlights regarding the diabetes technology that can be made to the subscribers of these technologies. The current technology is recommended to those individuals who are on intensive insulin therapy. The newest technology has not made any discovery that pertains to an artificial pancreas, and it is still not available. The insulin pumps and the sensors are very much flexible while at the same time they have fewer hypoglycemic reactions (Penfornis, 2011). There are applications and telemedicine which offer much support to patients with diabetes. These technologies have brought a lot of ease in the treatment of diabetes.
The scope of diabetes technology is not merely limited to the devices alone, it goes beyond the products which are available in the market. The first new technology is Tandem and PLGs Algorithm. Tandem’s Algorithm can predict while at the same time prevent hypoglycemia events. PLGs are Predictive Low Glucose which is very much useful in detecting and preventing the effects of high glucose and low glucose levels in the body (Yang & Cho, 2015). Bigfoot Biomedical plans to bring into the market a study request that has regulators and initiate a pivotal trial for this loop.
Bigfoot is connected with the auto-titrating which is connected to insulin pen systems and is directly associated with an acquisition of Timesulin. Tandem is a provider for t: slim touchscreen pump. It would automatically lower or raise the levels of glucose which is predicted thirty minutes before this action is performed based on the data that is provided by Dexcom CGM. Cell Novo is a patch- style pump invented to compete with insult Omni Pod and it is the only device of this kind that has been in existence since the year 2005 (Penfornis, 2011). This technology partnered with closed loop and Diabeloop which came up as a result of the development of massive AP system.
One – button inserter is a new insertion system for the sensors and a switch of single – push. When it was initially launched, the plan was a pre – G6 with the timing changes. The G6 should bring to life the much-needed improvements as a result of continuous monitoring of the glucose level in the body. Several systems in the diabetes care today rely much on the policies that are automated such as Tandem, Insulet, and the Open Source Community. Other technologies have contributed much to the improved care of diabetes patients (Acerini, 2016). These include Dexcom Everywhere, Open Source Solutions, Interoperability, and advocacy. All these contribute significantly to the development of new options in diabetes care.
Importance of Social entrepreneurship in the Advancement of new diabetes technology
Social entrepreneurship refers to the accumulating amounts of attention, money, and talent. In line with social entrepreneurship, there is a significant increase in the popularity there is no clarity of what a social entrepreneur does and the contributions he or she makes to the society. Due to this factor, several things are called social activities which are not. Social entrepreneurship is essential as it is the heart of innovation and it motivates the development of technologies that are beneficial to society (Rai, 2016). Social entrepreneurship is the propelling force behind the development of the new diabetes technology.
Social entrepreneurship is the drive which triggers much of the social changes that we witness from time to time in society. These changes result in lasting changes which are of transformational benefits to the community. In as much as the benefits of social entrepreneurship are clear, many of these activities are inclusive, and in most cases, they tend to be much benefit to society. Social entrepreneurship is essential because it is highly promising when genuinely and thoroughly adopted in society. The entrepreneur is usually interested in providing a solution to every problem that they see. They typically see opportunities wherever they go, and their desire is often to create something new. These are the characteristics that result in inspiration, courage, and creativity. It is from such traits that the development of the new diabetes technologies was developed(Terziev & Arabska, 2017). These characteristics that have been aforementioned are very fundamental to the process of innovation.
The entrepreneur usually thinks creatively and comes up with solutions that will overrun the current solution. In most cases, the entrepreneurs do not merely adjust the current system, but they give the problem a completely holistic different view. In this case, there have been various ways through which the level of glucose in the body was detected and adjusted. However, out of social entrepreneurship, someone thought that the current system is not the best and he, therefore, came up with a completely different solution to the problem(Tuzmen Yildirim, 2017). Devices such as PLGs and Tendons automatically detect the level of glucose in the body and adjust it accordingly to the required standards.
Entrepreneurs show a lot of courage in the process of developing the new inventions. The method of innovation involves a lot of risks that it is courage that can help one to get through. These entrepreneurs also possess fortitude drive which entails the creation of solutions through market adoption and fruition. No venture is entered entrepreneurially which does not face a series of setbacks through the turns that are unexpected, and it is essential that the entrepreneur be creative enough to find their way through these challenges and obstacles(Walczak-Duraj, 2010). These characteristics are crucial to the development and successful implementation of the new technological advancements in diabetes.
Bibliography for the first part
Acerini, C. (2016). The rise of technology in diabetes care. Not all that is new is necessarily better. Pediatric Diabetes, 17(3), 168-173. doi:10.1111/pedi.12366
Penfornis, A. (2011). Performance of a New Reusable Insulin Pen. Diabetes Technology & Therapeutics, 13(3), 373-379. doi:10.1089/dia.2010.0174
Yang, Y., & Cho, J. H. (2015). New Technology for Type 1 Diabetes. The Journal of Korean Diabetes, 16(2), 123. doi:10.4093/jkd.2015.16.2.123
Bibliography for the second part
Rai, V. M. (2016). Corporate Social Responsibilty Practices in MSMEs in India. SMS Journal of Enterpreneurship & Innovation, 2(2). doi:10.21844/smsjei.v2i2.11150
Terziev, V., & Arabska, E. (2017). Social Enterpreneurship, Social Values and Social Impact. SSRN Electronic Journal. doi:10.2139/ssrn.3142904
Tuzmen Yildirim, A. (2017). Observations and recommendations for the women enterpreneurship in information technology. Pressacademia, 5(1), 247-252. doi:10.17261/pressacademia.2017.596
Walczak-Duraj, D. (2010). Model of Enterpreneurship and Social-cultural and Market Orientation of Small Business Owners in Poland. Comparative Economic Research, 13(5). doi:10.2478/v10103-010-0001-z