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A Generic DEMO Model for Co-creation and Co-production as a Basis for a Truthful and Appropriate REA Model Representation

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Business Process Management: Blockchain and Central and Eastern Europe Forum (BPM 2019)

Part of the book series: Lecture Notes in Business Information Processing ((LNBIP,volume 361))

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Abstract

DEMO (Design Engineering Methodology for Organization) has its foundation in the DEMO Enterprise Ontology (DEO), and provides a strong theoretical foundation and a generic platform for business process modeling. The REA (Resource-Event-Agent) ontology, which originates from accountancy systems, provides a domain-specific platform for value modeling business processes. Rather than traditional approaches to accountancy, REA captures the details of each resource under an enterprise’s control, and thus is able to offer a wider, more precise, and more up-to-date range of reports. Despite its great potential, REA ontology suffers from anomalies which have their origin in the absence of rigorous theoretical foundations. These anomalies can be overcome either by introducing rigorous theoretical foundations for the current REA ontology, or by useful collaboration of REA ontology with an ontology that provides a strong theoretical foundation. The paper deals with the latter option. It not only contemplates different aspects of both ontologies, but also analyzes and proposes a possible way for collaboration between these modeling frameworks.

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Acknowledgements

The paper was supported by the grant provided by Ministry of Education, Youth and Sports Czech Republic, reference number SGS06/PRF/2019.

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Authors and Affiliations

  1. University of Ostrava, 701 03, Ostrava, Czechia

    Frantisek Hunka

  2. Formetis Consultants BV, Boxtel, The Netherlands

    Steven van Kervel

Authors
  1. Frantisek Hunka
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  2. Steven van Kervel
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Correspondence to Frantisek Hunka .

Editor information

Editors and Affiliations

  1. Vienna University of Economics and Business, Vienna, Austria

    Claudio Di Ciccio

  2. University of Warsaw, Warsaw, Poland

    Renata Gabryelczyk

  3. TecnolĂłgico de Monterrey, Monterrey, Mexico

    Luciano García-Bañuelos

  4. University of Zagreb, Zagreb, Croatia

    Tomislav Hernaus

  5. IBM T. J. Watson Research Center, Yorktown Heights, NY, USA

    Rick Hull

  6. University of Ljubljana, Ljubljana, Slovenia

    Mojca Indihar Ĺ temberger

  7. Corvinus University of Budapest, Budapest, Hungary

    Andrea KĹ‘

  8. Data61 (CSIRO) and UNSW, Eveleigh, NSW, Australia

    Mark Staples

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Hunka, F., van Kervel, S. (2019). A Generic DEMO Model for Co-creation and Co-production as a Basis for a Truthful and Appropriate REA Model Representation. In: Di Ciccio, C., et al. Business Process Management: Blockchain and Central and Eastern Europe Forum. BPM 2019. Lecture Notes in Business Information Processing, vol 361. Springer, Cham. https://doi.org/10.1007/978-3-030-30429-4_14

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  • DOI: https://doi.org/10.1007/978-3-030-30429-4_14

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-30428-7

  • Online ISBN: 978-3-030-30429-4

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