Building value in ITS services by analysing information service supply chains and value attributes

Pekka Leviäkangas (Corresponding Author)

    Research output: Contribution to journalArticleScientificpeer-review

    11 Citations (Scopus)

    Abstract

    ITS services need to be developed and there is potential for new business opportunities and investors, but the value of information must be assessed properly. This paper presents a framework of attributes that contribute to information value; the list is derived from the literature on information value and valuation. The attributes are discussed from the viewpoint of stakeholders in the service supply chain. A value asymmetry proposition is formulated and strategies to mitigate the asymmetry problem are discussed, introducing three basic strategies to tackle the problem.
    Original languageEnglish
    Pages (from-to)47-54
    Number of pages8
    JournalInternational Journal of Intelligent Transportation Systems Research
    Volume9
    Issue number2
    DOIs
    Publication statusPublished - 2011
    MoE publication typeA1 Journal article-refereed

    Fingerprint

    Information Services
    Information services
    Supply Chain
    Supply chains
    Asymmetry
    Attribute
    Value of Information
    Proposition
    Valuation
    Industry
    Strategy
    Business
    Framework

    Keywords

    • Value
    • value chain
    • services
    • ITS
    • benefits
    • costs

    Cite this

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    abstract = "ITS services need to be developed and there is potential for new business opportunities and investors, but the value of information must be assessed properly. This paper presents a framework of attributes that contribute to information value; the list is derived from the literature on information value and valuation. The attributes are discussed from the viewpoint of stakeholders in the service supply chain. A value asymmetry proposition is formulated and strategies to mitigate the asymmetry problem are discussed, introducing three basic strategies to tackle the problem.",
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    KW - benefits

    KW - costs

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