An Ontology for Open Government Data Business Model

Despite the existence of number of well-known conceptualization in e-Business and e-Commerce, there have been no efforts so far to develop a detailed, comprehensive conceptualization for business model. Current business literature is replete with fragmented conceptualizations, which only partially describe aspects of a business model. In addition, the existing conceptualizations do not explicitly support the emerging phenomenon of open government data – an increasingly valuable economic and strategic resource. Consequently, no comprehensive, formal, executable open government data business model ontology exists, that could be directly leveraged to facilitate the design, development of an operational open data business model. This paper bridges this gap by providing a parsimonious yet sufficiently detailed, conceptualization and formal ontology of open government data business model for open data-driven organizations. Following the design science approach, we developed the ontology as a ‘design artefact’ and validate the ontology by using it to describe an open data business model of an open data-driven organization

Towards a Common Ontology for Business Models

To create an understanding of enterprises and the ways they do business, a starting point could be to identify the main actors and the values transferred between them. Business models are created in order to make clear who the business actors are in a business case and to make their relations explicit. The relations are formulated in terms of values exchanged between the actors. The purpose of the work reported in this paper is to create a better understanding of business models by identifying basic notions used in such models. It does so by constructing a common ontology based on three established business model ontologies: e 3-value, REA, and BMO. By means of a careful analysis of these ontologies a conceptual schema is created that defines the common concepts. An example is worked out that explains how the common ontology should be understood