Asset value is constituted by active management within organizations, not by biological properties.
Evidence
With these various points in mind, I conceptualize assetization as a process in which value is constituted by the management of value and valuation, especially as they relate to organizational entities and their capacities. … In this sense, rethinking value entails understanding how assets are governed and managed within organizational entities, rather than how it is constituted or represented by biological matter, liveliness, surplus life, and so on. — Kean Birch, Rethinking Value in the Bio-economy, 47
Categorization
- DEFINE: Here the author redefines assetization as fundamentally a management-and-governance process, inverting the dominant bioeconomy framing that locates value in biological matter or liveliness itself.
- XREF: This reframing connects to the financialization literature where value is made through organizational practices, accounting conventions, and investor relations rather than material production. — connects to: Value is not inherent in things but achieved through capitalization practices. — Kean Birch, Rethinking Value in the Bio-economy:…, 28; Value in the bio-economy is managed through asset governance, not product sales. — Kean Birch, Rethinking Value in the Bio-economy:…, 88; In the bioeconomy, informational signaling about assets, not product sales, constitutes firm value. — Kean Birch, Rethinking Value in the Bio-economy:…, 106 (+2 more)
- ADDENDUM: Directly relevant to my ‘Grafting & Growth’ tree article’s argument that living infrastructure underperforms as value because value is assigned through management, not mere biological existence.
Related
- Understanding value requires studying the assets underpinning firm valuation, not commodity production. (similarity 0.90)
- Value in the bio-economy is managed through asset governance, not product sales. (similarity 0.90)
- Asset value is actively managed, including downward, and its constructedness is obscured. (similarity 0.88)
- Value in the bio-economy is better theorized through assetization than commodification. (similarity 0.88)
- Value in the bio-economy is produced through valuation practices, not intrinsic to biological matter. (similarity 0.86)
- Value is not inherent in things but achieved through capitalization practices. (similarity 0.86)
- Analyzing bio-economy value requires focusing on assets rather than commodities (similarity 0.86)
- Accounting for biological assets reflects chosen methods, not intrinsic biological qualities (similarity 0.85)
- Asset value derives from future earnings rather than intrinsic commodity value (similarity 0.85)
- In the bioeconomy, informational signaling about assets, not product sales, constitutes firm value. (similarity 0.85)
- Bio-economy valuation practices are not peculiar to that sector. (similarity 0.84)
- Value is constituted by knowledge and practice, not merely hype. (similarity 0.84)
- Understanding value as assetization requires analyzing political economy, not just applying STS to finance. (similarity 0.83)
- Capitalization builds the thing being valued at the same time it appraises that thing (similarity 0.82)
- Intangible asset value is constituted by intermediary actors who represent investors. (similarity 0.80)
Broader Connections
- Asset value is actively managed, including downward, and its constructedness is obscured.
#expands(0.95) — Kean Birch, Rethinking Value in the Bio-economy, 44 - Value in the bio-economy is managed through asset governance, not product sales.
#corroborates(0.90) — Kean Birch, Rethinking Value in the Bio-economy, 88 - Value emerges from relational valuation practices, not from objects themselves.
#corroborates(0.90) — Ève Chiapello, Financialisation of Valuation, 23 - In the bioeconomy, informational signaling about assets, not product sales, constitutes firm value.
#corroborates(0.85) — Kean Birch, Rethinking Value in the Bio-economy, 106