TY  - CONF
A1  - Holst, Lennard
A1  - Groen in’t Woud, Florian
A1  - Frank, Jana
A1  - Stich, Volker
T1  - Towards a Methodology to Determine Intersubjective Data Values in Industrial Business Activities
T2  - 2021 8 th Swiss Conference on Data Science (SDS 2021), Proceedings
N2  - This paper contributes to a valuation framework for valuing data as an intangible asset. Especially those industrial manufacturers developing and delivering holistic digital solutions are limited in calculating the true business value of data initiatives. Since the value of data is strongly dependent on the respective use case, a completely objective valuation is not possible. This complicates decision-making on the internal side regarding investments in digital transformation, and on the external side to communicate existing benefits to third parties via financial reporting. Therefore, the target is to design a valuation framework that allows industrial manufacturers to determine an intersubjective, i.e., traceable and transparent, data value. In order to develop a framework that can be applied in practice, the approach is based on industrial case study research.
KW  - data value
KW  - data valuation framework
KW  - smart product service systems
KW  - iIntangible assets
KW  - case study research
Y1  - 2023
UR  - https://epub.fir.de/frontdoor/index/index/docId/2951
UR  - https://ieeexplore.ieee.org/document/9474626
SN  - 978-1-6654-3874-2
SP  - 39
EP  - 45
PB  - IEEE
CY  - Piscataway (NJ)
ER  -