Value analysis of information services: On theory and methods

Pekka Leviäkangas

    Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsProfessional

    4 Citations (Scopus)

    Abstract

    As information services are designed and related business or other decisions must be made, there has to be a clear understanding of the benefit generating potential of the service. The potential must come from the utility, or value, that the information is meant to deliver to its users and producers. This paper shows the methods and techniques for information valuation. The value of information is explained in this paper in the light of economic theory. The value consists of several attributes. Different attributes have varying importance in different measuring and valuation points. Hence, they also are of varying value to different actors, depending on actors' position and preferences in the value chain. With the described methods and techniques, the valuation problem can be clarified and appropriate tools selected.
    Original languageEnglish
    Title of host publicationVTT Symposium on Service Science, Technology and Business
    Place of PublicationEspoo
    PublisherVTT Technical Research Centre of Finland
    Pages73-83
    ISBN (Electronic)978-951-38-6330-2
    ISBN (Print)978-951-38-6329-6
    Publication statusPublished - 2008
    MoE publication typeNot Eligible
    EventVTT Symposium on Service Science, Technology and Business - Espoo, Finland
    Duration: 19 Aug 200819 Aug 2008

    Publication series

    SeriesVTT Symposium
    Number253
    ISSN0357-9387

    Conference

    ConferenceVTT Symposium on Service Science, Technology and Business
    CountryFinland
    CityEspoo
    Period19/08/0819/08/08

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  • Cite this

    Leviäkangas, P. (2008). Value analysis of information services: On theory and methods. In VTT Symposium on Service Science, Technology and Business (pp. 73-83). VTT Technical Research Centre of Finland. VTT Symposium, No. 253 http://www.vtt.fi/inf/pdf/symposiums/2008/S253.pdf