Axioms of value

Reber, Michael and Duffy, Alexander and Hay, Laura (2019) Axioms of value. In: 22nd International Conference on Engineering Design, 2019-08-05 - 2019-08-08, Delft University of Technology.

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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.

ORCID iDs

Duffy, Alexander ORCID: https://orcid.org/0000-0002-5661-4314

Hay, Laura ORCID: https://orcid.org/0000-0002-3259-9463

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• Item metadata

  Item type:	Conference or Workshop Item(Paper)
  ID code:	68184
  Dates:	Date Event 5 August 2019 Published 22 February 2019 Accepted 15 December 2018 Submitted
  Keywords:	design, value, value axioms, value theory, value model, Mechanical engineering and machinery, Engineering (miscellaneous), Mechanical Engineering
  Subjects:	Technology > Mechanical engineering and machinery
  Department:	Faculty of Engineering > Design, Manufacture and Engineering Management
  Depositing user:	Pure Administrator
  Date deposited:	03 Jun 2019 11:08
  Last modified:	01 Apr 2022 02:43
  Related URLs:	Event
  URI:	https://strathprints.strath.ac.uk/id/eprint/68184