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The crisis of wealth creation

Kazem Chaharbaghi (East London Business School, University of East London, Dagenham, UK)
Victor Newman (Cranfield University, Cranfield, Bedford, UK)

Management Decision

ISSN: 0025-1747

Article publication date: 1 September 1997

886

Abstract

Wealth does not exist in infinite volume, it has to be created. The creation of new wealth which is necessary to support growing social expectations is determined by the ability to create new market values in the form of a new knowledge that significantly alters the patterns of expectations. The prevailing mindset, however, currently favours a stable formula for maintaining existing market values. Provides a framework for wealth creation by defining knowledge in a way that encompasses its origins through to the technologies which exploit it in the form of new market values.

Keywords

Citation

Chaharbaghi, K. and Newman, V. (1997), "The crisis of wealth creation", Management Decision, Vol. 35 No. 7, pp. 527-540. https://doi.org/10.1108/00251749710170493

Publisher

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MCB UP Ltd

Copyright © 1997, MCB UP Limited

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