1. Home
  2. Studies
  3. An Economic Analysis: Open Data and Data Sharing
Alevtina Krotova / Armin Mertens / Marc Scheufen IW-Policy Paper No. 21 13. October 2020 An Economic Analysis: Open Data and Data Sharing

Data is an important business resource. It forms the basis for various digital technologies such as artificial intelligence or smart services. However, access to data is unequally distributed in the market. Hence, some business ideas fail due to a lack of data sources.

Download file
Open Data and Data Sharing
Alevtina Krotova / Armin Mertens / Marc Scheufen IW-Policy Paper No. 21 13. October 2020

An Economic Analysis: Open Data and Data Sharing

Download file

Share this article:

or copy the following link:

The link was added to your clipboard!

German Economic Institute (IW) German Economic Institute (IW)

Data is an important business resource. It forms the basis for various digital technologies such as artificial intelligence or smart services. However, access to data is unequally distributed in the market. Hence, some business ideas fail due to a lack of data sources.

Although many governments have recognised the importance of open data and already make administrative data available to the public on a large scale, many companies are still reluctant to share their data among other firms and competitors. As a result, the economic potential of data is far from being fully exploited. Against this background, we analyse current developments in the area of open data. We compare the characteristics of open governmental and open company data in order to define the necessary framework conditions for data sharing. Subsequently, we examine the status quo of data sharing among firms.

We use a qualitative analysis of survey data of European companies to derive the sufficient conditions to strengthen data sharing. Our analysis shows that government data is a public good, while company data can be seen as a club or private good. Latter frequently build the core for companies’ business models and hence are less suitable for data sharing. Finally, we find that promoting legal certainty and the economic impact present important policy steps for fostering data sharing.

Download file
Open Data and Data Sharing
Alevtina Krotova / Armin Mertens / Marc Scheufen IW-Policy Paper No. 21 13. October 2020

An Economic Analysis: Open Data and Data Sharing

Download file

German Economic Institute (IW) German Economic Institute (IW)

Share this article:

or copy the following link:

The link was added to your clipboard!

More on the topic

Read the article
Michael Hüther / Matthias Diermeier in Ernest Gnan / Christoph Schneider / Claudia Stowasser (Hg.) Schwerpunkt Außenwirtschaft 2021/2022 External Publication 4. July 2022

Globalisation under pressure?: How current megatrends shape the patters of international trade, capital flows and technology diffusion

Deglobalisation, digitalisation, decarbonisation, and demographic change have already left their mark on the global economy. In the future the multiple transformations that the international patterns of specialisation undergo are likely to accelerate as the ...

IW

Read the article
Jan Büchel / Barbara Engels in European Liberal Forum External Publication 4. July 2022

The Importance of the Data Economy for Europe’s Digital Strategic Autonomy

European companies need to have the ability to store, process, use, and share data securely and autonomously, for example by using cloud services based on agreed quality standards, values, and legislation.

IW

More about this topic

Content element with id 8880 Content element with id 9713