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Data Governance: Enhancing Innovation and Protecting Against Its Risks

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Listed:
  • Max Grafenstein

    (Alexander von Humboldt)

  • Alina Wernick

    (Alexander von Humboldt)

  • Christopher Olk

    (Alexander von Humboldt)

Abstract

Abtract Big Data is expected to unleash data-driven innovation,which is supposed to better address and solve challengesin our society. As a so-called non-rival good, the sharingand re-using of data by one actor does not diminish its valuefor other actors and can create significant spillover effects. Data is still often stored in data silos. Releasing data fromsilos and sharing it may enhance social and economic welfare.

Suggested Citation

  • Max Grafenstein & Alina Wernick & Christopher Olk, 2019. "Data Governance: Enhancing Innovation and Protecting Against Its Risks," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 54(4), pages 228-232, July.
  • Handle: RePEc:spr:intere:v:54:y:2019:i:4:d:10.1007_s10272-019-0829-9
    DOI: 10.1007/s10272-019-0829-9
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    References listed on IDEAS

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