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Showing posts with the label non-rival asset

Just my thoughts #0789

Meaning of “Non-existence”: In mathematics, the number “0 (zero)” can signify both “does not exist” and the transition of a filled unit to a higher one in the decimal system. The first meaning is connected to ontology, while the second explains how, when one decimal unit is full, the total shifts to the next unit, and a zero indicates this shift. In this system, zero marks that the next higher unit is present. Philosophically, the concept of “nothing” is viewed in the West as “non-existence,” but in the East, it can signify a transformation to the next level after being filled. So don’t be discouraged if you don’t have anything. Your “disappointment” also comes from the fact that other areas have already been filled. - Joseph’s “just my thoughts”

Just my thoughts #0349

What someone can share with others is referred to as a “non-rival asset,” whereas the counterpart is termed a “rival asset.” Intangible assets, such as brands and intellectual property rights, fall under the category of non-rival assets. In contrast, tangible assets that physically exist, like buildings and goods, are classified as rival assets. Non-rival assets can theoretically be utilized by numerous individuals simultaneously, and their depreciation is nearly nonexistent even when an original copy exists. Thus, the scale and speed of wealth creation differ from that of an economy focused on existing tangible assets. In Apple, the personality assets of founder Steve Jobs are considered non-rival assets, while the productivity aspect, traditionally seen as a rival asset, has been managed through outsourcing. If Apple focuses solely on non-rival assets, managing the rest becomes straightforward, as they understand the sources of high-added value. - Joseph’s “just my thoughts”