Advancing system of systems engineering using intangible value logic measurements from intellectual capital thinking approach

Abstract

This study explores the integration of intangible value logic measurements derived from the Intellectual Capital Thinking (ICT) approach to advance System of Systems Engineering (SoSE). Focusing on demand-side electricity management, the research illuminates the challenges and opportunities in capturing intangible value creation within engineering systems. By delving into human behaviour-driven demand intricacies and recognising intangible resources among stakeholders, the study unveils the potential for innovation in demand management strategies. Through the analysis of three interacting value logics—shop, chain, and network—the research elucidates their impact on system performance. Addressing the practical application gap, the study introduces ICT as a strategic lens to enhance performance through non-monetary values. Qualitative and quantitative exploration showcases ICT's ability to propel system dynamics, offering crucial insights for sustainable smart grid systems. By emphasising the significance of understanding intangible measures in engineering systems, this research contributes to innovation and performance improvement in SoSE.

Keywords

• Sustainability
• Intellectual capital thinking
• Energy loss
• Intangible assets
• Value shop logic
• Value network logic and value chain logic