EconPapers    
Economics at your fingertips  
 

Insight monetization intermediary platform using recommender systems

Payam Hanafizadeh (), Mahdi Barkhordari Firouzabadi () and Khuong Minh Vu ()
Additional contact information
Payam Hanafizadeh: Allameh Tabatab’i University
Mahdi Barkhordari Firouzabadi: Allameh Tabatab’i University
Khuong Minh Vu: National University of Singapore

Electronic Markets, 2021, vol. 31, issue 2, No 4, 269-293

Abstract: Abstract Fundamental changes have prepared the grounds for a rapid movement towards becoming data and insight-driven. Businesses are continually seeking approaches to create more value from data. The main purpose of this article is to propose a model by which experts as Human Intelligence, can participate to share their expectations to orient the data processing towards the generation of insights needed to target industries and consequently, the realization of indirect data monetization. A set of recommendation systems as Artificial Intelligence, facilitate the submission and validation of expectations, access to data, and selling insights. The model also encompasses a direct data monetization strategy, wherein participants access or request their requirements in an Online Insight Marketplace. We have used the design science methodology to develop and validate our proposed model. The model is validated by comparison with competitive models from the literature, and also by bringing evidence from real-world applications which relate to the components of our model.

Keywords: Recommender system; Data monetization; Expert expectation; Collaboration; Insight; M1; M2; M31; M41; M5 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1007/s12525-020-00449-w Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:elmark:v:31:y:2021:i:2:d:10.1007_s12525-020-00449-w

Ordering information: This journal article can be ordered from
http://www.springer. ... ystems/journal/12525

DOI: 10.1007/s12525-020-00449-w

Access Statistics for this article

Electronic Markets is currently edited by Rainer Alt and Hans-Dieter Zimmermann

More articles in Electronic Markets from Springer, IIM University of St. Gallen
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2021-10-02
Handle: RePEc:spr:elmark:v:31:y:2021:i:2:d:10.1007_s12525-020-00449-w