An Assessment Framework for Business Model Ontologies to Ensure the Viability of Business Models

A. D'Souza, N. R. T. P. van Beest, G. B. Huitema, J. C. Wortmann, H. Velthuijsen

2014

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.

Paper Citation

in Harvard Style

D'Souza A., R. T. P. van Beest N., B. Huitema G., C. Wortmann J. and Velthuijsen H. (2014). An Assessment Framework for Business Model Ontologies to Ensure the Viability of Business Models . In Proceedings of the 16th International Conference on Enterprise Information Systems - Volume 3: ICEIS, ISBN 978-989-758-029-1, pages 226-235. DOI: 10.5220/0004890402260235

in Bibtex Style

@conference{iceis14,
author={A. D'Souza and N. R. T. P. van Beest and G. B. Huitema and J. C. Wortmann and H. Velthuijsen},
title={An Assessment Framework for Business Model Ontologies to Ensure the Viability of Business Models},
booktitle={Proceedings of the 16th International Conference on Enterprise Information Systems - Volume 3: ICEIS,},
year={2014},
pages={226-235},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0004890402260235},
isbn={978-989-758-029-1},
}

in EndNote Style

TY - CONF
JO - Proceedings of the 16th International Conference on Enterprise Information Systems - Volume 3: ICEIS,
TI - An Assessment Framework for Business Model Ontologies to Ensure the Viability of Business Models
SN - 978-989-758-029-1
AU - D'Souza A.
AU - R. T. P. van Beest N.
AU - B. Huitema G.
AU - C. Wortmann J.
AU - Velthuijsen H.
PY - 2014
SP - 226
EP - 235
DO - 10.5220/0004890402260235