Open API: An Investigation of its Business Value

Frederik Fenger, Simon Westh Henriksen, Jonas Hedman, Xiao Xiao

Publikation: Working paperForskning

19 Downloads (Pure)

Resumé

Open APIs are receiving attention, promising great benefit to organizations in the form of new revenue streams and unlimited innovation. This paper seeks to provide an alternative approach to understanding the value created by Open APIs. We develop a value taxonomy that contains two axis: tangibility (tangible, intangible) and proximity (internal, partner, third-party) resulting in a representation of six different value types. With the value taxonomy in place, a comprehensive content analysis of available content on Open APIs is conducted, including published case studies, news articles, whitepapers, book chapters and more, where value of Open API are identified through an open coding process. From these codes, 10 value categories are extracted which are then mapped into the proposed value taxonomy. Our findings reveal that Open APIs provide significant value across all six value types, but the distribution is not equal. More intangible than tangible value is created, and there is an overweight of value created in the internal proximity when compared to either partner or third-party.
OriginalsprogEngelsk
Udgivelses stedFrederiksberg
UdgiverDepartment of Digitalization. CBS
Antal sider14
StatusUdgivet - 2018
NavnDIGI Communications
Nummer2018/1

Emneord

  • Open API
  • API
  • Business value
  • Innovation

Citer dette

Fenger, F., Henriksen, S. W., Hedman, J., & Xiao, X. (2018). Open API: An Investigation of its Business Value. Frederiksberg: Department of Digitalization. CBS. DIGI Communications, Nr. 2018/1
Fenger, Frederik ; Henriksen, Simon Westh ; Hedman, Jonas ; Xiao, Xiao. / Open API : An Investigation of its Business Value. Frederiksberg : Department of Digitalization. CBS, 2018. (DIGI Communications; Nr. 2018/1).
@techreport{f2a877fd918546fdbdd6b9bc3843c7a1,
title = "Open API: An Investigation of its Business Value",
abstract = "Open APIs are receiving attention, promising great benefit to organizations in the form of new revenue streams and unlimited innovation. This paper seeks to provide an alternative approach to understanding the value created by Open APIs. We develop a value taxonomy that contains two axis: tangibility (tangible, intangible) and proximity (internal, partner, third-party) resulting in a representation of six different value types. With the value taxonomy in place, a comprehensive content analysis of available content on Open APIs is conducted, including published case studies, news articles, whitepapers, book chapters and more, where value of Open API are identified through an open coding process. From these codes, 10 value categories are extracted which are then mapped into the proposed value taxonomy. Our findings reveal that Open APIs provide significant value across all six value types, but the distribution is not equal. More intangible than tangible value is created, and there is an overweight of value created in the internal proximity when compared to either partner or third-party.",
keywords = "Open API, API, Business value, Innovation, Open API, API, Business value, Innovation",
author = "Frederik Fenger and Henriksen, {Simon Westh} and Jonas Hedman and Xiao Xiao",
year = "2018",
language = "English",
series = "DIGI Communications",
publisher = "Department of Digitalization. CBS",
number = "2018/1",
address = "Denmark",
type = "WorkingPaper",
institution = "Department of Digitalization. CBS",

}

Fenger, F, Henriksen, SW, Hedman, J & Xiao, X 2018 'Open API: An Investigation of its Business Value' Department of Digitalization. CBS, Frederiksberg.

Open API : An Investigation of its Business Value. / Fenger, Frederik; Henriksen, Simon Westh; Hedman, Jonas; Xiao, Xiao.

Frederiksberg : Department of Digitalization. CBS, 2018.

Publikation: Working paperForskning

TY - UNPB

T1 - Open API

T2 - An Investigation of its Business Value

AU - Fenger, Frederik

AU - Henriksen, Simon Westh

AU - Hedman, Jonas

AU - Xiao, Xiao

PY - 2018

Y1 - 2018

N2 - Open APIs are receiving attention, promising great benefit to organizations in the form of new revenue streams and unlimited innovation. This paper seeks to provide an alternative approach to understanding the value created by Open APIs. We develop a value taxonomy that contains two axis: tangibility (tangible, intangible) and proximity (internal, partner, third-party) resulting in a representation of six different value types. With the value taxonomy in place, a comprehensive content analysis of available content on Open APIs is conducted, including published case studies, news articles, whitepapers, book chapters and more, where value of Open API are identified through an open coding process. From these codes, 10 value categories are extracted which are then mapped into the proposed value taxonomy. Our findings reveal that Open APIs provide significant value across all six value types, but the distribution is not equal. More intangible than tangible value is created, and there is an overweight of value created in the internal proximity when compared to either partner or third-party.

AB - Open APIs are receiving attention, promising great benefit to organizations in the form of new revenue streams and unlimited innovation. This paper seeks to provide an alternative approach to understanding the value created by Open APIs. We develop a value taxonomy that contains two axis: tangibility (tangible, intangible) and proximity (internal, partner, third-party) resulting in a representation of six different value types. With the value taxonomy in place, a comprehensive content analysis of available content on Open APIs is conducted, including published case studies, news articles, whitepapers, book chapters and more, where value of Open API are identified through an open coding process. From these codes, 10 value categories are extracted which are then mapped into the proposed value taxonomy. Our findings reveal that Open APIs provide significant value across all six value types, but the distribution is not equal. More intangible than tangible value is created, and there is an overweight of value created in the internal proximity when compared to either partner or third-party.

KW - Open API

KW - API

KW - Business value

KW - Innovation

KW - Open API

KW - API

KW - Business value

KW - Innovation

M3 - Working paper

T3 - DIGI Communications

BT - Open API

PB - Department of Digitalization. CBS

CY - Frederiksberg

ER -

Fenger F, Henriksen SW, Hedman J, Xiao X. Open API: An Investigation of its Business Value. Frederiksberg: Department of Digitalization. CBS. 2018.