Value Creation from Big Data: Looking Inside the Black Box
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| Title of the PDF document | Value Creation from Big Data: Looking Inside the Black Box |
|---|---|
| Author | Jing Zeng, Keith W. Glaister |
| Editor | |
| Publisher | Strategic Organization |
| Sponsor, owner, or organizer | |
| Year of publication or release | 2017 CE |
| URL | https://kar.kent.ac.uk/60408/, https://kar.kent.ac.uk/60408/3/Updated%20Big%20Data%20Manuscript%20(1).pdf |
| Website or blog on which published | Kent Academic Repository |
| Description of the resource | We open the ‘black box’ of the firm to explore how firms transform big data in order to create value and why firms differ in their abilities to create value from big data. Grounded in detailed evidence from China, the world’s largest digital market, where many firms actively engage in value creation activities from big data, we identify several novel features. We find that it is not the data itself, or individual data scientists, that generate value creation opportunities. Rather, value creation occurs through the process of data management, where managers are able to democratize, contextualize, experiment and execute data insights in a timely manner. We add richness to current theory by developing a conceptual framework of value creation from big data. We also identify avenues for future research and implications for practicing managers. |
|---|---|
| Is the text of the description a quotation, a paraphrase, or an original review? | quotation |
| If the source of the description was in print, insert the source here | |
| If the source of the description was online, insert the source here | "Value Creation from Big Data: Looking Inside the Black Box," Kent Academic Repository, June 13, 2018, accessed August 4, 2018, https://kar.kent.ac.uk/60408/ |
| Relevant century CE or BCE | 21 CE |
| Relevant years CE or BCE | |
| Relevant geographic areas | China |
| Relevant languages | |
| Relevant terms and phrases | black box, firm, transform, big data, Big Data, value, evidence, world, digital, market, value creation, activity, novel, feature, process, data, management, data management, manager, democratize, contextualize, experiment, execute, insight, timely, rich, current, theory, concept, conceptual, framework, avenue, future, research, implication |
| Relevant individuals | JIng Zeng, Keith Glaister |
| Relevant organizations | University of Kent |
| Relevant books | |
| Relevant websites and blogs | Kent Academic Repository |
| Relevant articles, blog entries, editorials, essays, graphics, interviews, and other content | |
| Relevant periodicals, newsletters, journals, and similar publications | |
| Relevant databases and repositories | |
| Relevant applications | |
| Relevant PDF documents | |
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| Relevant constitutions, treaties, conventions, statutes, legislation, judicial decisions, regulations, proclamations, or other sources or enactments of law |
... more about "Value Creation from Big Data: Looking Inside the Black Box"
21 CE +
University of Kent +
black box +, firm +, transform +, big data +, Big Data +, value +, evidence +, world +, digital +, market +, value creation +, activity +, novel +, feature +, process +, data +, management +, data management +, manager +, democratize +, contextualize +, experiment +, execute +, insight +, timely +, rich +, current +, theory +, concept +, conceptual +, framework +, avenue +, future +, research + and implication +
Kent Academic Repository +
We open the ‘black box’ of the firm to exp … We open the ‘black box’ of the firm to explore how firms transform big data in order to create value and why firms differ in their abilities to create value from big data. Grounded in detailed evidence from China, the world’s largest digital market, where many firms actively engage in value creation activities from big data, we identify several novel features. We find that it is not the data itself, or individual data scientists, that generate value creation opportunities. Rather, value creation occurs through the process of data management, where managers are able to democratize, contextualize, experiment and execute data insights in a timely manner. We add richness to current theory by developing a conceptual framework of value creation from big data. We also identify avenues for future research and implications for practicing managers. and implications for practicing managers. +
China +
Strategic Organization +
"Value Creation from Big Data: Looking Inside the Black Box," Kent Academic Repository, June 13, 2018, accessed August 4, 2018, https://kar.kent.ac.uk/60408/ +
2017 CE +
Value Creation from Big Data: Looking Inside the Black Box +
Kent Academic Repository +
