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Mind Value Processes

Mind Value Processes

Copyright: © 2015 |Pages: 13
ISBN13: 9781466673694|ISBN10: 1466673699|EISBN13: 9781466673700
DOI: 10.4018/978-1-4666-7369-4.ch004
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MLA

Leonardo Lavanderos and Kenneth Massey. "Mind Value Processes." From Manufacture to Mindfacture: A Relational Viable Systems Theory, IGI Global, 2015, pp.87-99. https://doi.org/10.4018/978-1-4666-7369-4.ch004

APA

L. Lavanderos & K. Massey (2015). Mind Value Processes. IGI Global. https://doi.org/10.4018/978-1-4666-7369-4.ch004

Chicago

Leonardo Lavanderos and Kenneth Massey. "Mind Value Processes." In From Manufacture to Mindfacture: A Relational Viable Systems Theory. Hershey, PA: IGI Global, 2015. https://doi.org/10.4018/978-1-4666-7369-4.ch004

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Abstract

Capitalism today faces a daunting challenge since much of the value produced in today's world is not a direct consequence of investment dollars or working capital but produced by skills, knowledge, and relational associativity. Although the so-called “intangibles” that produce value today are referred to as “assets,” they are accounted for as expenses and are usually not managed as “capital” at all. Leading businesses are attempting to understand how Intellectual Capital produces value, and it marks the beginning of a shift from traditional ways of looking at value creation, but the phrase itself embodies legacy thinking and moves in the wrong direction. It is necessary, therefore, to return to the epistemological basis of the concept of value. This chapter attempts to explain the relational basis of value and its transformation from knowing, as the organizing process of what is behind being human.

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