Axioms of value

Michael Reber, Alexander Duffy, Laura Hay

Research output: Contribution to conferencePaper

7 Downloads (Pure)

Abstract

The creation and perception of value is central to the product development process and organisational success. Traditional interpretations of value in a design context have focused on product worth and cost from a manufacturer's perspective (Miles, 1966). However, due to issues such as increased globalisation, lack of sustainability, and the high rate of technological development, these early interpretations have shifted towards a broader conception of value that includes the customer's perspective in terms of benefit, need, quality, utility, and value of services.
Original languageEnglish
Number of pages9
Publication statusPublished - 5 Aug 2019
Event22nd International Conference on Engineering Design: Responsible Design for our Future - Delft University of Technology, Delft, Netherlands
Duration: 5 Aug 20198 Aug 2019
Conference number: 22
https://www.iced19.org/

Conference

Conference22nd International Conference on Engineering Design
Abbreviated titleICED 19
CountryNetherlands
CityDelft
Period5/08/198/08/19
Internet address

Keywords

  • design
  • value
  • value axioms
  • value theory
  • value model

Fingerprint Dive into the research topics of 'Axioms of value'. Together they form a unique fingerprint.

  • Cite this

    Reber, M., Duffy, A., & Hay, L. (2019). Axioms of value. Paper presented at 22nd International Conference on Engineering Design, Delft, Netherlands.