16th International Workshop on Value Modelling and Business Ontologies

In conjunction with the 34th International Conference on Advanced Information Systems Engineering (CAiSE 2022), Leuven, Belgium, 06-10 June, 2022.


Proceedings are openly available at http://ceur-ws.org/Vol-3155/


The workshop will be held at:

Room 1.15
Maria-Theresiacollege, Leuven Campus, KU Leuven
Sint-Michielsstraat 6, 3000 Leuven, Belgium


You can register for VMBO 2022 at the registration page of the 34th International Conference on Advanced Information Systems Engineering (CAiSE 2022).


Session 1


  • Opening
  • Accounting Contracts in Collaboration Space
    Jonas Sveistrup Søgaard, William E. McCarthy, Lasse Herskind, and G. Ken Holman
  • Jesper Kiehn and Lars Hammer

Session 2: Ontologies


Session 3: Accounting Concepts


Session 4: Applications


Call for papers


The importance of modeling the essence of enterprises on a level that abstracts from operational details is increasingly recognized. Two established enterprise modeling approaches are value modeling and business ontology. Value modeling is a business modeling approach that focuses on the value objects exchanged in business networks. Business ontology provides abstract descriptions of enterprises in their business context, focusing on what is needed to create and transfer value. Research in these fields is conducted using instruments like the REA Ontology (Resources, Events, Agents), the Unified Foundational Ontology (UFO), the Business Model Canvas, the e3value toolset, the Value Delivery Modeling Language (VDML), and the Enterprise Engineering framework.

The goal of the VMBO workshop series is two-fold:

  • to bring together researchers with an interest in value modeling and business ontology to present and discuss the current state of the art
  • to identify key areas for further research


Topics of interest include, but are not limited to:

  • Service ontology for business
  • Service-oriented view of business ontology
  • Enterprise Engineering
  • Business modeling of service exchanges
  • Value modeling fundamentals
  • Value modeling applications and experiences
  • Business ontology fundamentals
  • Business ontology applications and experiences
  • Role of value modeling in enterprise architecture
  • Ontology-driven enterprise system development
  • Ontology-aware enterprise systems
  • Pragmatic Web – theory and applications
  • Ontological representations of aggregated data
  • Business ontology / value models for auditing
  • Business ontology / value models for managerial decision making
  • Business ontology / value models for strategy exploration
  • Business ontology / value models for business process management

Important Dates

  • Abstract submission: 22 March 2022 AoE
  • Paper submission: 8 March 15 March 25 March 2022 AoE
  • Author notification: 8 April 19 April 2022
  • Camera-ready: 18 April 04 May 2022
  • Workshop: 6 June 2022

Submission Guidelines

Submissions should describe original research ideas or contributions, present problems or challenges encountered in practice, or report on industrial cases and practices.

We encourage authors to submit papers for which they would like feedback from other participants of the workshop.

Submissions should:

When submitting your paper, please select the track "Value Modeling and Business Ontologies".


Accepted papers will be published with CEUR-WS.org online proceedings, if desired by the authors.

We support the submission of VMBO papers afterward to a special issue of a journal, e.g., Journal of Applied Ontology (JAO) or Journal of Emerging Technologies in Accounting (JETA), if possible.

Note that submitted papers will be reviewed only marginally. The program committee will use the papers to put together a final program; the aim is to accommodate all relevant papers with sufficient quality.


  • Paul Johannesson, KTH Royal Institute of Technology, Sweden
    pajo [at] dsv.su.se
  • Hans Weigand, Tilburg University, The Netherlands
    h.weigand [at] tilburguniversity.edu
  • Tiago Prince Sales, Free University of Bozen-Bolzano, Italy
    tiago.princesales [at] unibz.it

Program Committee

  • Ben Roelens – Open University, The Netherlands
  • Bill McCarthy – Michigan State University, USA
  • Christian Huemer – TU Wien, Austria
  • Cristine Griffo – Free University of Bozen-Bolzano, Italy
  • Daniele Porello – Laboratory for Applied Ontology – ISTC-CNR, Italy
  • Erik Proper – Luxembourg Institute of Science and Technology, Luxembourg
  • Frederik Gailly – Ghent University, Belgium
  • Faiza A. Bukhsh – University of Twente, The Netherlands
  • Geert Poels – Ghent University, Belgium
  • Giancarlo Guizzardi – University of Twente, The Netherlands
  • Graham Gal – University of Massachusetts, USA
  • Iván Razo-Zapata – Instituto Tecnológico Autónomo de México (ITAM), Mexico
  • Jaap Gordijn – Vrije Universiteit Amsterdam, The Netherlands
  • João Paulo A. Almeida – Federal University of Espírito Santo, Brazil
  • Joris Hulstijn – Tilburg University, The Netherlands
  • Mike Bennett – Hypercube Limited, UK
  • Nicola Guarino – Laboratory for Applied Ontology – ISTC-CNR, Italy
  • Patricio de Alencar Silva – Federal Rural University of the Semi-arid Region, Brazil
  • Pavel Hruby – DXC Technology, Denmark
  • Renata S. S. Guizzardi – University of Twente, The Netherlands
  • Walter Schwaiger – TU Wien, Austria
  • Wim Laurier – Université Saint-Louis, Belgium
  • Yao-Hua Tan – Delft University of Technology, The Netherlands

Previous Editions

  • VMBO 2021, Bolzano, IT (Virtual)
  • VMBO 2020, Brussels, BE
  • VMBO 2019, Stockholm, SE
  • VMBO 2018, Amsterdam, NL
  • VMBO 2017, Belvaux, LU
  • VMBO 2016, Trento, IT
  • VMBO 2015, Tilburg, NL
  • VMBO 2014, Berlin, DE
  • VMBO 2013, Delft, NL
  • VMBO 2012, Vienna, AT
  • VMBO 2011, Ghent, BE
  • VMBO 2009, Amsterdam, NL

Website created by Dr. Tiago Prince Sales.