Volume 12, Issue 3, 2013
Ontology and the Good in Organisations
Martin Mullins, Philip O’Regan, Stephen Kinsella, Kathleen Regan
Accounting for Intangibles, the Knowledge Economy and the Issue of Memory; Some insights from Philosophy of Bergson
Value is increasingly found in human subjects and in particular within their minds. This places the individual at the centre of economic life and therefore the inner life of individual merits more attention. A key element of humanity is memory and it drives such phenomena as trust and goodwill, essential in modern business. Bergson’s philosophy examines the interaction of mind and matter and in this reflects the dualism of the knowledge economy. His work on memory
offers important insights for those seeking to account for and manage intangible assets. Our paper examines, through the prism of Bergsonian philosophy, the implications for accounting practice of the increased importance of intangible assets in modern corporations.