Originally answered Jan 13, 2018
Ontology example:
Taxonomy example:
According to Bob Bater, “an ontology identifies and distinguishes concepts and their relationships; it describes content and relationships. A taxonomy formalizes the hierarchical relationships among concepts and specifies the term to be used to refer to each; it prescribes structure and terminology.”
According to Patrick Lambe in Defining “Taxonomy”:
- A taxonomy is a form of classification scheme
- Taxonomies are semantic
- A taxonomy is a kind of knowledge map
See also: