Towards a Common Ontology for Business Models

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Provided by: University of Oklahoma Printing Services
Topic: Big Data
Format: PDF
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. This paper is to create a better understanding of business models by identifying basic notions used in such models.
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