生物经济外文文献 Rethinking Value in the Bio-economy Finance, Assetization, and the Management of Value.pdfVIP

Article Science, Technology, Human Values 2017, Vol. 42(3) 460-490 ª The Author(s) 2016 Rethinking Value in Reprints and permission: /journalsPermissions.nav the Bio-economy: DOI: 10.1177/0162243916661633 /home/sth Finance, Assetization, and the Management of Value Kean Birch1 Abstract Current debates in science and technology studies emphasize that the bio- economy—or, the articulation of capitalism and biotechnology—is built on notions of commodity production, commodification, and materiality, emphasizing that it is possible to derive value from body parts, molecular and cellular tissues, biological processes, and so on. What is missing from these perspectives, however, is consideration of the political-economic actors, knowledges, and practices involved in the creation and management of value. As part of a rethinking of value in the bio-economy, this article analyzes three key political-economic processes: financialization, capitalization, and asseti- zation. In doing so, it argues that value is managed as part of a series of valuation practices, it is not inherent in biological materialities. Keywords bio-economy, value, valuation, finance, assetization, biotechnology 1 York University, Toronto, Ontario, Canada Corresponding Author: Kean Birch, York University, 4700 Keele Street, Toronto, Ontario, Canada M3J 1P3. Email: kean@yorku.ca Birch 461 Introduction More than a third—twenty-nine companies