Professional Documents
Culture Documents
Martin Kenney
The Foundation
Value addition in products due to harnessing human creativity Intellectual components gaining importance Unbundling becoming increasingly possible Five sections in article
Knowledge & Value Creation Influence of Technology on knowledge Acceleration of obsolescence of goods Difficulty of privatizing knowledge Importance of software as a commodity
Driven by firms who have financial interest in limiting access to others State power & technology used in enforcing protection
Conclusion
Information processing & knowledge creation twin drivers of value creation in global economy Obsolescence is more prevalent today due to innovation Knowledge has greater value than just time to market Balance required between protection & availability of knowledge Value creation through human creativity is the central theme of contemporary capitalism Software is the central pivot for capitalist accumulation Knowledge creation is no longer an individual but a social process