Abstract
This paper proposes a new theory called the Viable System Ontology Theory, which is an interrelation among two well-known theories in social science. The former is the Viability theory that is widely recognized through the Viable System Model, and covers the function design of a business. The latter is Performance in Social Interaction (PSI) Theory that provides a deep understanding of business processes and covers the construction design of a business. Both theories have the same referent with different extents. In addition, PSI theory starts when the Viability theory approaches its limits. In order to consider systematically both theories, relationships between their concepts are established. This interrelation is inspired by Bunge Systemic Classification of Concepts. The Viable System Ontology Theory intends to support the ontological design of a viable system, its operation and business processes. Furthermore, it provides a way of interrelating existing theories through the analysis of their concepts.
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