The Organization as a Capital Creation System

Richard Thomas Watson ()
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Richard Thomas Watson: University of Georgia

Chapter Chapter 2 in Capital, Systems, and Objects, 2021, pp 23-33 from Springer

Abstract: Abstract HumanOrganization ingenuityCapital creation over the millennia, and particularly in recent centuries, has developed methods for raising C′ that have transformed the quality of human life by creating a highly effective and efficient capital creation system. Organizations are the centers of Innovationinnovation, because they import capital, convert it from one form to another (e.g., recruit human capital to develop an information system, a form of organizational capital), or enhance capital (e.g., educating recent graduates to market a new product) with the intention of generating capital outflows.

Date: 2021
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DOI: 10.1007/978-981-15-9418-2_2

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