By: Lipsum123 According to Heskett (2015) design as a business activity must be judged in terms of contributions to profitability. To measure this one must have a focus on monetary value, in terms of costs, prices, profits and capital. But is really monetary value everything?  How can non-economic values co-exist with design’s need to be … More Non-economic values’ effect on profitability

By: Lipsum123 In this post I will give a response to the author of the post “How would you like to experience art today?”. The author, Olivnes, goes in depth on one of the ways we can experience art today. The blog post is divided in small paragraphs which makes it easy to read. Due … More In response to “How would you like to experience art today?”

By: Lipsum123 According to neo-classical economics most goods can be assigned a monetary value. But is this really true? People’s perceptions of value are often subjective, and dependent on what kind of object it is, the price and what feelings it brings out in us. So how does one decide the value of artwork?  Most … More How does one decide the value of artwork?

By: Lipsum123 For lots of designers keeping up with trends is super important. Most people buy new things regularly because they want to keep up with what’s hot right now, i.e. keeping up with trends as a designer means increasing sales. But is this really true?   Being a designer is about expressing your own creativity, … More Keeping up with trends – A zero sum game?

By: Lipsum123 People see art in different ways. Several different artists and professors have expressed their opinions through the times – a big topic being how to map the visual arts. According to Solhjell and Øien (2013), we divide the art-market into three categories:  The exclusive circuit.  The inclusive circuit.  The commercial circuit. When talking … More The differences in the art industry’s markets