Value analysis of information services: On theory and methods

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

Fingerprint

Value analysis
Information services
Value chain
Economic theory
Value of information

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). Espoo: VTT Technical Research Centre of Finland. VTT Symposium, No. 253
Leviäkangas, Pekka. / Value analysis of information services : On theory and methods. VTT Symposium on Service Science, Technology and Business. Espoo : VTT Technical Research Centre of Finland, 2008. pp. 73-83 (VTT Symposium; No. 253).
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Leviäkangas, P 2008, Value analysis of information services: On theory and methods. in VTT Symposium on Service Science, Technology and Business. VTT Technical Research Centre of Finland, Espoo, VTT Symposium, no. 253, pp. 73-83, VTT Symposium on Service Science, Technology and Business , Espoo, Finland, 19/08/08.

Value analysis of information services : On theory and methods. / Leviäkangas, Pekka.

VTT Symposium on Service Science, Technology and Business. Espoo : VTT Technical Research Centre of Finland, 2008. p. 73-83 (VTT Symposium; No. 253).

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

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Leviäkangas P. Value analysis of information services: On theory and methods. In VTT Symposium on Service Science, Technology and Business. Espoo: VTT Technical Research Centre of Finland. 2008. p. 73-83. (VTT Symposium; No. 253).