We extend the transformational model of social activity proposed in recent realist social theory by importing into it a theory of technological objects and technological change. The paper begins with an account of the transformational model, focusing particularly on the relationship between...

Based on an in-depth study of third generation mobile telephony licenses in the UK, we discuss what makes externally acquired resources more or less valuable for their owners. We find that value is influenced by competitive dynamics, the discourse that surrounds a particular resource, and the...