The Information System Seminar Series features, Aleksi Aaltonen, Associate Professor of Management Information Systems at Richard J. Fox School of Business and Management, Temple University, USA
Prof. Aaltonen, will discuss his book chapter on 'Data and Value' published in the book 'Handbook of Digital Innovation' (Edited by Satish Nambisan, Kalle Lyytinen and Youngjin Yoo)
Abstract
Value creation is currently intertwined with the data produced and circulated in various settings across the expanding digital economy. This chapter analyzes some of the characteristics of digital data and outlines the main steps of the data value chain. The analysis highlights the importance of transformation processes data undergo during their journey from procurement to service delivery and the structural and institutional conditions in which such transformations are embedded. The account of value creation is aligned with prevailing views that consider value as a never-ending process, extending far beyond the making and delivery of “final” goods and services. Data commodities such as advertising audiences, personalized suggestions, indexes, scores and rankings are only transient achievements of data relations that need to be steadily recalculated and refigured. At the same time, this account of value brings about a renewed concern for the conditions of production (as distinct from consumption) and the structural and technological forces that condition the data transformations we link with value creation.
Dr. Aleksi Aaltonen is an Associate Professor of Management Information Systems. He has over twenty years of experience in digital innovation as a management scholar and successful entrepreneur. He joined the Fox School from Warwick Business School, United Kingdom.
Dr. Aaltonen uses quantitative, qualitative and computational methods to study new forms of organizing and innovation in digital economy; his research has been published by top academic journals such as Management Science, MIS Quarterly, Organization Studies and Journal of Information Technology.
Before academia, Dr. Aaltonen worked for private and nonprofit sectors designing, building and managing digital services for organizations such as Nokia, and the Crisis Management Initiative founded by the Nobel Peace Prize winner and former President of Finland Martti Ahtisaari. In 2012, he cofounded and helped to raise 1.7 million euros funding for an activity tracking app Moves. Apple chose Moves as the Best App of 2013 in the Fitness Revolution category, and the company was acquired by Facebook in April 2014.
PublishedJune 3, 2021 5:04 PM - Last modifiedJune 9, 2021 10:12 AM
