The phrase "acknowledge its value" is correct and usable in written English.
You can use it when discussing the importance or significance of something, often in a formal or academic context.
Example: "In order to foster a positive work environment, it is essential to acknowledge its value and the contributions of each team member."
Alternatives: "recognize its worth" or "appreciate its significance."
DISOPRED3 participated as a server at the CASP9 and CASP10 experiments, and the official assessment reports acknowledged its value by ranking it at the top or near the top across a number of tests (Monastyrskyy et al., 2011, 2014).
Norgate acknowledges its value in mixtures when he suggests that with 'pink [and]… verditer you are to make the fairest greenes,..'..
Majority might have acknowledged its value on this aspect but some students argued that the rubrics used in class (specifically the rubric used for debate) can still be improved in terms of clarity and comprehensibility.
Vaccines were mentioned spontaneously by only 2.5% of respondents, but 89.4% acknowledged its value when probed.
Acknowledging its educational value, researchers continue to probe into the motivating as well as inhibiting factors that influence students' participation in online discussion.
Moreover, Burford et al. [ 8] found, in their exploration of physicians' and patients' perceptions of patient feedback, that physicians responded positively to this form of feedback and acknowledged its educational value for improving their practices.
Instead we must contest that poetry, with strategies that acknowledge both its value and its menace.
Although the pitfalls of spatial visualization have long been recognized [ 15, 16], it is widely acknowledged for its value in exploration and analysis of spatial data [ 17].
The NHS is still fundamentally sound (the Welsh public acknowledge it offers good value for money), but right across the UK its struggling.
Apple filed a billion-dollar royalty lawsuit against Qualcomm in January and today the chip maker hit back with a legal case of its own against the iPhone maker which, it claims, has refused to acknowledge the value of its technology.
