scholarly journals The Big data Business Model of Smart Power Based on Information Value Theory

2015 ◽  
Author(s):  
Jianhua Yang ◽  
Dunnan Liu
Keyword(s):  
Big Data ◽  
Business Model ◽  
Value Theory ◽  
Information Value ◽  
Smart Power

Big data investments in knowledge and non-knowledge intensive firms: what the market tells us

2017 ◽  
Vol 21 (3) ◽  
pp. 623-639 ◽  
Author(s):  
Tingting Zhang ◽  
William Yu Chung Wang ◽  
David J. Pauleen
Keyword(s):  
Big Data ◽  
Knowledge Management ◽  
Stock Market ◽  
Value Chain ◽  
Stock Prices ◽  
Economic Value ◽  
Information Value ◽  
Publicly Traded ◽  
Content Type ◽  
Knowledge Intensive

Purpose This paper aims to investigate the value of big data investments by examining the market reaction to company announcements of big data investments and tests the effect for firms that are either knowledge intensive or not. Design/methodology/approach This study is based on an event study using data from two stock markets in China. Findings The stock market sees an overall index increase in stock prices when announcements of big data investments are revealed by grouping all the listed firms included in the sample. Increased stock prices are also the case for non-knowledge intensive firms. However, the stock market does not seem to react to big data investment announcements by testing the knowledge intensive firms along. Research limitations/implications This study contributes to the literature on assessing the economic value of big data investments from the perspective of big data information value chain by taking an unexpected change in stock price as the measure of the financial performance of the investment and by comparing market reactions between knowledge intensive firms and non-knowledge intensive firms. Findings of this study can be used to refine practitioners’ understanding of the economic value of big data investments to different firms and provide guidance to their future investments in knowledge management to maximize the benefits along the big data information value chain. However, findings of study should be interpreted carefully when applying them to companies that are not publicly traded on the stock market or listed on other financial markets. Originality/value Based on the concept of big data information value chain, this study advances research on the economic value of big data investments. Taking the perspective of stock market investors, this study investigates how the stock market reacts to big data investments by comparing the reactions to knowledge-intensive firms and non-knowledge-intensive firms. The results may be particularly interesting to those publicly traded companies that have not previously invested in knowledge management systems. The findings imply that stock investors tend to believe that big data investment could possibly increase the future returns for non-knowledge-intensive firms.

scholarly journals Understanding the value of big data in supply chain management and its business processes

2018 ◽  
Vol 38 (7) ◽  
pp. 1589-1614 ◽  
Author(s):  
Morten Brinch
Keyword(s):  
Big Data ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Business Process ◽  
Business Processes ◽  
Value Theory ◽  
Value Capture ◽  
Chain Management ◽  
Content Type ◽  
Process Perspective

Purpose The value of big data in supply chain management (SCM) is typically motivated by the improvement of business processes and decision-making practices. However, the aspect of value associated with big data in SCM is not well understood. The purpose of this paper is to mitigate the weakly understood nature of big data concerning big data’s value in SCM from a business process perspective. Design/methodology/approach A content-analysis-based literature review has been completed, in which an inductive and three-level coding procedure has been applied on 72 articles. Findings By identifying and defining constructs, a big data SCM framework is offered using business process theory and value theory as lenses. Value discovery, value creation and value capture represent different value dimensions and bring a multifaceted view on how to understand and realize the value of big data. Research limitations/implications This study further elucidates big data and SCM literature by adding additional insights to how the value of big data in SCM can be conceptualized. As a limitation, the constructs and assimilated measures need further empirical evidence. Practical implications Practitioners could adopt the findings for conceptualization of strategies and educational purposes. Furthermore, the findings give guidance on how to discover, create and capture the value of big data. Originality/value Extant SCM theory has provided various views to big data. This study synthesizes big data and brings a multifaceted view on its value from a business process perspective. Construct definitions, measures and research propositions are introduced as an important step to guide future studies and research designs.

Innovation Platforms

2018 ◽  
pp. 72-95
Keyword(s):  
Decision Making ◽  
Big Data ◽  
Business Model ◽  
Value Chain ◽  
Analytical Techniques ◽  
Human Interaction ◽  
Business Relationship ◽  
Potential Relationship ◽  
Relationship Of ◽  
Cross Fertilization

Data and analytics is the heart of a digital business platform. Today, big data (BD) becomes useful when it enriches decision making that is enhanced by application of analytical techniques and some element of human interaction. With the merging of data and information vs. knowledge and intelligence, this chapter investigates an opportunity for cross-fertilization between BD and the field of digital business with related disciplines. Primary BD and analytics platform is a set of business capabilities. This chapter aims to investigate the potential relationship of BD and analytics platform and digital business platform. In doing so, it develops a BD value chain framework, BD business model pattern (BDBMP) with related levels of BD maturity improvement. This framework could be used to find answers on the basic BD and digital business relationship questions.

Building an Analytics Culture to Boost a Data-Driven Entrepreneur's Business Model

2019 ◽  
pp. 260-291
Author(s):  
Soraya Sedkaoui ◽  
Mounia Khelfaoui
Keyword(s):  
Big Data ◽  
Small Business ◽  
Business Model ◽  
Business Process ◽  
Data Analytics ◽  
Data Driven ◽  
Business And Society ◽  
Crucial Importance

This chapter treats the movement that marks, affects, and transforms any part of business and society. It is about big data that is creating, and the value generating that companies, startups, and entrepreneurs have to derive through sophisticated methods and advanced tools. This chapter suggests that analytics can be of crucial importance for business and entrepreneurial practices if correctly aligned with business process needs and can also lead to significant improvement of their performance and quality of the decisions they make. So, the main purpose of this chapter are exploring why small business, entrepreneur, and startups have to use data analytics and how they can integrate, operationally, analytics methods to extract value and create new opportunities.

scholarly journals Innovation capabilities as a mediator between big data and business model

2019 ◽  
pp. 1-18 ◽  
Author(s):  
Ossi Ylijoki ◽  
Jukka Sirkiä ◽  
Jari Porras ◽  
Vesa Harmaakorpi
Keyword(s):  
Big Data ◽  
Business Model
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