An assessment framework of business modelling ontologies to ensure the viability of business models

Austin D'Souza, Nick van Beest, George. B. Huitema, J.C. Wortmann, Hugo Velthuijsen

Onderzoeksoutput: PaperOther research output

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Organisations operate in an increasingly dynamic environment. Consequently, the business models span several organisations, dealing with multiple stakeholders and their competing interests. As a result, the enterprise information systems supporting this new market setting are highly distributed, and their components are owned and managed by different stakeholders. For successful businesses to exist it is crucial that their enterprise architectures are derived from and aligned with viable business models. Business model ontologies (BMOs) are effective tools for designing and evaluating business models. However, the viability perspective has been largely neglected. In this paper, current BMOs have been assessed on their capabilities to support the design and evaluation of viable business models. As such, a list of criteria is derived from literature to evaluate BMOs from a viability perspective. These criteria are subsequently applied to six well-established BMOs, to identify a BMO best suited for design and evaluation of viable business models. The analysis reveals that, although none of the BMOs satisfy all the criteria, e3-value is the most appropriate BMO for designing and evaluating business models from a viability perspective. Furthermore, the identified deficits provide clear areas for enhancing the assessed BMOs from a viability perspective.
Originele taal-2English
Pagina's226-235
StatusPublished - apr 2014
Evenement16th International Conference on Enterprise Information Systems (ICEIS) 2014 - Lisbon, Portugal
Duur: 27 apr 201430 apr 2014
Congresnummer: 16th
http://www.iceis.org/?y=2014

Conference

Conference16th International Conference on Enterprise Information Systems (ICEIS) 2014
Verkorte titelICEIS 2014
LandPortugal
StadLisbon
Periode27/04/1430/04/14
Internet adres

Vingerafdruk

Ontology
Industry
Business model
Business modeling
Viability
Information systems

Keywords

  • bedrijfsmodellen
  • ontologieën
  • strategisch management
  • levensvatbaarheid

Citeer dit

D'Souza, A., van Beest, N., Huitema, G. B., Wortmann, J. C., & Velthuijsen, H. (2014). An assessment framework of business modelling ontologies to ensure the viability of business models. 226-235. Paper gepresenteerd op 16th International Conference on Enterprise Information Systems (ICEIS) 2014, Lisbon, Portugal.
D'Souza, Austin ; van Beest, Nick ; Huitema, George. B. ; Wortmann, J.C. ; Velthuijsen, Hugo. / An assessment framework of business modelling ontologies to ensure the viability of business models. Paper gepresenteerd op 16th International Conference on Enterprise Information Systems (ICEIS) 2014, Lisbon, Portugal.
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abstract = "Organisations operate in an increasingly dynamic environment. Consequently, the business models span several organisations, dealing with multiple stakeholders and their competing interests. As a result, the enterprise information systems supporting this new market setting are highly distributed, and their components are owned and managed by different stakeholders. For successful businesses to exist it is crucial that their enterprise architectures are derived from and aligned with viable business models. Business model ontologies (BMOs) are effective tools for designing and evaluating business models. However, the viability perspective has been largely neglected. In this paper, current BMOs have been assessed on their capabilities to support the design and evaluation of viable business models. As such, a list of criteria is derived from literature to evaluate BMOs from a viability perspective. These criteria are subsequently applied to six well-established BMOs, to identify a BMO best suited for design and evaluation of viable business models. The analysis reveals that, although none of the BMOs satisfy all the criteria, e3-value is the most appropriate BMO for designing and evaluating business models from a viability perspective. Furthermore, the identified deficits provide clear areas for enhancing the assessed BMOs from a viability perspective.",
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D'Souza, A, van Beest, N, Huitema, GB, Wortmann, JC & Velthuijsen, H 2014, 'An assessment framework of business modelling ontologies to ensure the viability of business models' Paper gepresenteerd op 16th International Conference on Enterprise Information Systems (ICEIS) 2014, Lisbon, Portugal, 27/04/14 - 30/04/14, blz. 226-235.

An assessment framework of business modelling ontologies to ensure the viability of business models. / D'Souza, Austin; van Beest, Nick; Huitema, George. B.; Wortmann, J.C.; Velthuijsen, Hugo.

2014. 226-235 Paper gepresenteerd op 16th International Conference on Enterprise Information Systems (ICEIS) 2014, Lisbon, Portugal.

Onderzoeksoutput: PaperOther research output

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T1 - An assessment framework of business modelling ontologies to ensure the viability of business models

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AU - Wortmann, J.C.

AU - Velthuijsen, Hugo

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N2 - Organisations operate in an increasingly dynamic environment. Consequently, the business models span several organisations, dealing with multiple stakeholders and their competing interests. As a result, the enterprise information systems supporting this new market setting are highly distributed, and their components are owned and managed by different stakeholders. For successful businesses to exist it is crucial that their enterprise architectures are derived from and aligned with viable business models. Business model ontologies (BMOs) are effective tools for designing and evaluating business models. However, the viability perspective has been largely neglected. In this paper, current BMOs have been assessed on their capabilities to support the design and evaluation of viable business models. As such, a list of criteria is derived from literature to evaluate BMOs from a viability perspective. These criteria are subsequently applied to six well-established BMOs, to identify a BMO best suited for design and evaluation of viable business models. The analysis reveals that, although none of the BMOs satisfy all the criteria, e3-value is the most appropriate BMO for designing and evaluating business models from a viability perspective. Furthermore, the identified deficits provide clear areas for enhancing the assessed BMOs from a viability perspective.

AB - Organisations operate in an increasingly dynamic environment. Consequently, the business models span several organisations, dealing with multiple stakeholders and their competing interests. As a result, the enterprise information systems supporting this new market setting are highly distributed, and their components are owned and managed by different stakeholders. For successful businesses to exist it is crucial that their enterprise architectures are derived from and aligned with viable business models. Business model ontologies (BMOs) are effective tools for designing and evaluating business models. However, the viability perspective has been largely neglected. In this paper, current BMOs have been assessed on their capabilities to support the design and evaluation of viable business models. As such, a list of criteria is derived from literature to evaluate BMOs from a viability perspective. These criteria are subsequently applied to six well-established BMOs, to identify a BMO best suited for design and evaluation of viable business models. The analysis reveals that, although none of the BMOs satisfy all the criteria, e3-value is the most appropriate BMO for designing and evaluating business models from a viability perspective. Furthermore, the identified deficits provide clear areas for enhancing the assessed BMOs from a viability perspective.

KW - bedrijfsmodellen

KW - ontologieën

KW - strategisch management

KW - levensvatbaarheid

KW - business models

KW - ontologies

KW - strategic management

KW - viability

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D'Souza A, van Beest N, Huitema GB, Wortmann JC, Velthuijsen H. An assessment framework of business modelling ontologies to ensure the viability of business models. 2014. Paper gepresenteerd op 16th International Conference on Enterprise Information Systems (ICEIS) 2014, Lisbon, Portugal.