Strategic CSR perspectives hold key to sustainable tourism development in the Society 5.0

Abstract

The purpose of this paper is to report about research on how Society 5.0 balances Industry 4.0, responsible economic development and resolution of social problems by advancement of perspective corporate social responsibility (CSR) in organizations. Drawing from organisation, sustainable tourism development and social functionalism theories, the author designed an integral model of CSR in the line with goals of a forward looking and socially responsible society. This study includes analysing of present governing principles. The findings of this research paper suggest technology models of Corporate Social Responsibility, a regionally grounded solving of individuals social problems and changing of CSRs environmental, social and economic dimensions according to the circumstances of Society 5.0. Because there is a limit to what people can do, the task of finding s the necessary information from overflowing data and analysing it was a burden and scope of action were restricted due to age factor and degrees of ability. The study was created guidance for improvement of CSR practice in organisations through its responsible operation and behaviour grounded on the governing environmental and social circumstances in modern society. It proposes an integral technology-based model for sustainable economic growth.