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European Perspectives on Datafication

Author

Listed:
  • Mihai Ciobotea

    (The Bucharest University of Economic Studies, Romania)

  • Marian Stan

    (The Bucharest University of Economic Studies, Romania)

Abstract

Datafication is changing from the value of concept to the value of layer for the present world. It describes every aspect of our lives with data. In this paper, the researchers put the datafication in the context of the Fourth Industrial Revolution. Also, the authors examine some aspects changed by datafication. The researchers look at several aspects (put in context with the industrial evolution) and also to the effect of datafication on several areas of human activity. By using a qualitative approach, the research examines the datafication and its various dimensions. The results suggest the need for robust, transparent systems to manage the complexity of data and advocate for ethical and privacy considerations. These insights are crucial for policymakers, businesses, and academics, providing a comprehensive understanding of the legal environment, societal impacts, and innovation potential in the European Union.

Suggested Citation

  • Mihai Ciobotea & Marian Stan, 2024. "European Perspectives on Datafication," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 175-183, August.
    • Handle: RePEc:ovi:oviste:v:xxiv:y:2024:i:1:p:175-183
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    More about this item

    Keywords

    datafication; European Union; education;
    All these keywords.

    JEL classification:

    • C55 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Large Data Sets: Modeling and Analysis
    • C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs

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