PROPERTY RIGHTS THEORY AS A KEY ASPECT IN PRODUCT SERVICE ENGINEERING
Year: 2011
Editor: Culley, S.J.; Hicks, B.J.; McAloone, T.C.; Howard, T.J. & Lindemann, U.
Author: Dill, Anna Katharina; Birkhofer, Herbert; Bohn, Andrea
Series: ICED
Section: Product and Systems Design
Page(s): 441-448
Abstract
Product service systems (PSS) are a field of research which is supported by research in a large number of other areas. Product development and engineering design is the basis for most research projects but the economic theory has a major influence too. The theory of property rights has its origin in the new institutional economy. Different types of rights concerning a property are described systematically and can be distributed separately. Although the distribution of property rights in general is a key aspect for the PSS design, it has not yet been introduced into PSS considerations in a broad and systematic way. This papers aim is to close the gap and give a structured overview of the property rights theory and its potentials for PSS design. According to the procedure of the German VDI 2221 it is demonstrated how property rights considerations can support the different phases of a development process. Furthermore, it is demonstrated how property rights theory can support different goals in developing PSS and the author presents suggestions for a more differentiated look at the property rights distribution to improve the correlation with the requirements of PSS considerations.
Keywords: PSS DEVELOPMENT; PROPERTY RIGHTS; PRODUCT/SERVICE-SYSTEMS (PSS); PRODUCT/SERVICE-SYSTEMS