General
I am often asked what the differences are between an ontology and a taxonomy. They are often used interchangeable, but what is the real difference? A taxonomy is a classification of things in a certain domain.An ontology describes the world. Some people think of it as putting the universe in a bottle. Look at the following example: TAXONOMY: Cats Related term: Housepets Narrower term: tabby cat, black cat, kitten Broader term: Housepets [...]
"In computer science and information science, an ontology is a formal representation of a set of concepts within a domain and the relationships between those concepts. It is used to reason about the properties of that domain, and may be used to define the domain." (http://en.wikipedia.org/wiki/Ontology_%28information_science%29)
