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Exploring Data-Driven Innovation as a New Source of Growth: Mapping the Policy Issues Raised by "Big Data"

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Abstract

This report explores the potential role of data and data analytics for the creation of significant competitive advantage and for the formation of knowledge-based capital. Five sectors are discussed in this report as areas in which the use of data can stimulate innovation and productivity growth. They include online advertisement, health care, utilities, logistics and transport, and public administration. The report then maps the areas where coherent public policies and practices are needed to unlock the potential of big data for promoting growth and well-being.

Suggested Citation

  • Oecd, 2013. "Exploring Data-Driven Innovation as a New Source of Growth: Mapping the Policy Issues Raised by "Big Data"," OECD Digital Economy Papers 222, OECD Publishing.
    • Handle: RePEc:oec:stiaab:222-en
    DOI: 10.1787/5k47zw3fcp43-en
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    Cited by:

    1. Patricia Kotnik & Eva Hagsten, 2018. "ICT use as a determinant of export activity in manufacturing and service firms: Multi-country evidence," Zbornik radova Ekonomskog fakulteta u Rijeci/Proceedings of Rijeka Faculty of Economics, University of Rijeka, Faculty of Economics and Business, vol. 36(1), pages 103-128.
    2. Le Ray, G. & Pinson, P., 2020. "The ethical smart grid: Enabling a fruitful and long-lasting relationship between utilities and customers," Energy Policy, Elsevier, vol. 140(C).
    3. Jan Kozłowski, 2015. "Innovation indices: the need for positioning them where they properly belong," Scientometrics, Springer;Akadémiai Kiadó, vol. 104(3), pages 609-628, September.
    4. Elisabetta Raguseo & Claudio Vitari, 2017. "Investments in big data analytics and firm performance: an empirical investigation of direct and mediating effects," Post-Print halshs-01923259, HAL.
    5. Claudio Vitari & Elisabetta Raguseo, 2019. "Big data analytics business value and firm performance: Linking with environmental context," Post-Print hal-02293765, HAL.
    6. Hilbert, Martin, 2016. "Formal definitions of information and knowledge and their role in growth through structural change," Structural Change and Economic Dynamics, Elsevier, vol. 38(C), pages 69-82.
    7. Elisabetta Raguseo & Claudio Vitari, 2017. "Investments in big data analytics and firm performance: an empirical investigation of direct and mediating effects," Grenoble Ecole de Management (Post-Print) halshs-01923259, HAL.
    8. Goodridge, PR & Haskel, J, 2015. "How much is UK business investing in big data?," Working Papers 25159, Imperial College, London, Imperial College Business School.

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