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What is Value Systems

Encyclopedia of Networked and Virtual Organizations
A value system frequently understood as the ordering and prioritization of a set of values that an actor or a society of actors holds. The concept of a value system in a collaborative network context must be based on the notion that each product/service requires a set of value activities that are performed by a number of the network members forming a “value creation system” through a VO (this definition includes economic and ethical/ideological value as well). As a result, a value system is important in terms of providing a regulation role. For instance, regulation role can include assuring social cohesion to understand members’ behavior and to build performance indicators and transactions mechanism between partners, such as assuring an equality utility between objects exchanged.
Published in Chapter:
Fair Distribution of Collaboration Benefits
António Abreu (New University of Lisbon, Portugal) and Luis M. Camarinha-Mato (New University of Lisbon, Portugal)
Copyright: © 2008 |Pages: 7
DOI: 10.4018/978-1-59904-885-7.ch079
Abstract
The participation in a collaborative network of enterprises is commonly assumed to bring valuable benefits to the involved entities (Afsarmanesh, Marik, & Camarinha- Matos, 2004; Axelroad, 1984; Dussauge & Garrette, 1999; Nemes & Mo, 2004; Penã & Arroyabe, 2002; Pfeffer & Salancik, 1978; Tuomi, 2003). These benefits include an increase of the “survival capability” in a context of market turbulence but also the possibility of better achieving common goals (Camarinha-Matos & Abreu, 2004; Richter, 2000; Saveri, Rheingold, & Pang, 2004). On the basis of these expectations are, among others, the following factors: acquisition of a (virtual) higher dimension, access to new/wider markets and new knowledge, sharing of risks and resources, joining of complementary skills and capacities, and so forth. But it is also easily recognizable that collaboration introduces high overheads due to the transaction costs (Williamson, 1975, 1985, 1998) which induce higher coordination costs and also due to the diversity of working methods and corporate culture.
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Artificial Ethics
Besides its geosphere, biosphere, sociosphere, technospere, infosphere and noosphere, our world also presents an axiosphere, which may be analyzed inclusively in terms of Systemics: each subsystem of a social system has its own value-system, with a central value, around which orbit specific values. Similarly, every epoch imposes its own core value which attracts the appropriate set of values.
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