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2021 | OriginalPaper | Chapter

2. The Organization as a Capital Creation System

Author : Richard Thomas Watson

Published in: Capital, Systems, and Objects

Publisher: Springer Singapore

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Abstract

Human ingenuity 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 innovation, 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.

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Footnotes
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Metadata
Title
The Organization as a Capital Creation System
Author
Richard Thomas Watson
Copyright Year
2021
Publisher
Springer Singapore
DOI
https://doi.org/10.1007/978-981-15-9418-2_2