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 language | English |
|---|---|
| Number of pages | 9 |
| Publication status | Published - 5 Aug 2019 |
| Event | 22nd International Conference on Engineering Design: Responsible Design for our Future - Delft University of Technology, Delft, Netherlands Duration: 5 Aug 2019 → 8 Aug 2019 Conference number: 22 https://www.iced19.org/ |
Conference
| Conference | 22nd International Conference on Engineering Design |
|---|---|
| Abbreviated title | ICED 19 |
| Country | Netherlands |
| City | Delft |
| Period | 5/08/19 → 8/08/19 |
| Internet address |
Keywords
- design
- value
- value axioms
- value theory
- value model
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Cite this
Reber, M., Duffy, A., & Hay, L. (2019). Axioms of value. Paper presented at 22nd International Conference on Engineering Design, Delft, Netherlands.