A design methodology for modeling trustworthy value webs (2005)
| Venue: | International Journal of Electronic Commerce |
| Citations: | 5 - 4 self |
BibTeX
@ARTICLE{Gordijn05adesign,
author = {Jaap Gordijn and Yao-hua Tan},
title = {A design methodology for modeling trustworthy value webs},
journal = {International Journal of Electronic Commerce},
year = {2005},
volume = {9},
pages = {2005}
}
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Abstract
ABSTRACT: In this paper we introduce a design methodology for business models from two perspectives: the value web perspective and the trust perspective. The value web perspective models the creation, distribution, and consumption of goods or services of economic value in a network of multiple enterprises and end-consumers. The goal of the methodology is to create a shared understanding of a business model for all actors involved, and to assess the potential profitability. The trust perspective describes how value webs can be expanded with trustworthy control procedures thus enhancing confidence of actors in each other to enable trading. We present a first outline of a formal theory to design trustworthy control procedures in the setting of the e 3 value methodology. KEY WORDS AND PHRASES: network organisations, business models, design methodology, trust, control.
