Innovative Technologies in the Process of Development of the Silver Economy

This chapter discusses the issue of the role of innovative technology in the process of development of the silver economy. It is recognized here that the new paradigm of development constitutes a response to the global processes of population ageing, and that computer science in management is an indispensable element in this process, allowing for the development of issues in the field of information technology and management sciences, as it provides a perfect combination of technological knowledge from the scope of IT and business skills. The chapter indicates that we should incorporate the values associated with the silver economy into our thinking about the development of advanced technologies, and that we should treat it as an opportunity for technological progress, development of business and the implementation of important social values associated with the goal of providing a good life to an ageing population. The author refers to extensive scientific research and the application of these studies to the socio-economic practice within the adopted paradigm of the silver economy. It is also pointed out that the new paradigm of development does not focus exclusively on the silver economy as a new economic sector, but develops the thinking about the older generation, which we are obliged to respect and to provide with a dignified life. These two points of view are mutually integrated, and the purpose of the article is to present the assumptions of the silver economy and the main achievements of innovative technology supporting the independent functioning of seniors and improving the quality of their lives. The contents contained in the chapter fall within the category of economic and social analyses, utilize the achievements of sociological and economic studies and were based both on existing sources and the results of own research. The methods of desk research and descriptive analysis were used in the presentation of the studied issues. In conclusion, the chapter emphasizes the need to overcome cultural, ethical and mental barriers, so that the successful implementation of advanced technologies to the silver economy translates into general economic and social success.