Ontology-Driven Business Modelling: Improving the Conceptual Representation of the REA Ontology

Gailly, Frederik; Poels, Geert

doi:10.1007/978-3-540-75563-0_28

Cited by 18 publications

(18 citation statements)

References 17 publications

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“…It can prescribe a stepwise ontology development process, provide decision rules to follow during the modeling of the ontology, and address various design, representation, and management aspects of the ontology (Jarrar 2005). Figure 2 gives an overview of the methodology, previously proposed in Gailly andPoels (2007a, 2007b), that we used to restructure and formalize the REA ontology specification.…”

Section: Figure 2 a Business Domain Ontology Reengineering Methodologmentioning

confidence: 99%

Positioning and Formalizing the REA Enterprise Ontology

Gailly

Laurier

Poels

2008

Journal of Information Systems

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Recent Resource, Event, Agent (REA) research has focused on defining and theoretically justifying the ontology's contents. Here, we elaborate on more practical issues related to REA. First, we classify REA and its applications using ontology classification schemes and application frameworks. This analysis clarifies REA's application potential but also reveals weaknesses that may impede its operationalization. Next, we propose a new REA ontology specification that uses a Unified Modeling Language (UML) profile for graphically representing ontologies. This new specification is more complete and precise than previously available specifications, without compromising understandability. It can easily be transformed into a machine-readable representation for automatic processing, which is a prerequisite for the successful application of REA in business modeling, software engineering, knowledge representation, and interoperability creation. The paper ends with a proof of concept application in which a formal Ontology Web Language (OWL) specification of REA is fed into the Proté gé knowledge representation tool and subsequently used for the development of an enterprise schema.

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Section: Figure 2 a Business Domain Ontology Reengineering Methodologmentioning

confidence: 99%

Positioning and Formalizing the REA Enterprise Ontology

Gailly

Laurier

Poels

2008

Journal of Information Systems

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“…Consequently, it can provide the semantic underpinning to existing business process standards (Gailly and Poels, 2009) and a common shared model for semantic interoperability (Gailly and Poels, 2007). An example of such an endeavor is represented by the work carried out on using REA to extend the eXtensible Business Reporting Language (XBRL) by Amrhein et al (2009).…”

Section: Related Workmentioning

confidence: 99%

Ontology-based standards development: Application of OntoStanD to ebXML business process specification schema

Heravi

Lycett

Cesare

2014

International Journal of Accounting Information Systems

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Ontology-Based Standards Development: Application of OntoStanD to ebXML Business Process Specification SchemaAbstract: Business-to-Business (B2B) interoperations are an important part of today's global economy. Business process standards are developed to provide a common understanding of the information shared between trading partners. These standards, however, mainly capture the syntax of the transactions and not their semantics. This paper proposes the use of ontologies as the basis for standards development and presents an ontology for the ebXML Business Process Specification Schema (ebBP) with the aim of empowering the capture and sharing of semantics embedded within B2B processes as well as enabling knowledge deduction and reasoning over the shared knowledge. The paper utilises the Ontology-based Standards Development methodology (OntoStanD) as a methodological approach for designing ontological models of standards. This research demonstrates how Semantic Web technologies can be utilised as a basis for standards development and representation in order to improve standards-based interoperability between trading partners.

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“…Even both implementations are based on the same DSL, the underlying tool specifics prevent an out-of-the-box REA model interchange. However, there exist other modeling approaches for REA models based on UML class diagrams [7] and OWL [8]. In this case, there is no common ground for a model interchange at all.…”

Section: A Mapping Overviewmentioning

confidence: 99%

“…However, XMI showed some deficiencies in practice since there exist a lot of different, incompatible, and vendorspecific XMI dialects and subsets. Furthermore, an XMIbased representation language will require the full support of our meta model, and will exclude other approaches such as the one by Gailly and Poels [7] who base their conceptual representation on stereotyped UML class diagrams (note these UML models may be expressed in XMI as well, but will be incompatible with our REA meta model). Others may use ontology editors based on RDF, OWL [8], etc.…”

Section: Introductionmentioning

confidence: 98%

REA-XML: An Unambiguous Language for REA Business Models

Mayrhofer

Huemer

Hofreiter

et al. 2011

2011 IEEE 8th International Conference on E-Business Engineering

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Conceptual languages to describe business models -not business process models -become increasingly important. One of the most expressive approaches towards business models is the Resource-Event-Agent (REA) ontology. REA has a substantial back-up in economic and accounting theory, but did lack a dedicated representation language for many years. Recently, we have introduced a domain specific modeling language including a REA meta model and a pertinent graphical notation. In this paper we build upon our previous work, but aim for a representation language that is able to serve as a serialization syntax also for other REA modeling approaches using UML class diagrams or OWL, etc. As a result we come up with REA-XML, an XML schema that allows a precise, toolindependent representation of REA models and that may also serve as an REA model exchange language between different tools.

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Ontology-Driven Business Modelling: Improving the Conceptual Representation of the REA Ontology

Cited by 18 publications

References 17 publications

Positioning and Formalizing the REA Enterprise Ontology

Positioning and Formalizing the REA Enterprise Ontology

Ontology-based standards development: Application of OntoStanD to ebXML business process specification schema

REA-XML: An Unambiguous Language for REA Business Models

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