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Barbara Engels in Intereconomics External Publication 31. July 2019 Data Governance as the Enabler of the Data Economy

In the era of digitalisation, data has emerged as a highly valuable business resource. However, it is rarely treated as consistently and transparently as other business assets.

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Data Governance as the Enabler of the Data Economy
Barbara Engels in Intereconomics External Publication 31. July 2019

Data Governance as the Enabler of the Data Economy

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

In the era of digitalisation, data has emerged as a highly valuable business resource. However, it is rarely treated as consistently and transparently as other business assets.

This restricts the access to data assets that stakeholders need to maximise their business value. Despite the growing need for a comprehensive view of data, data governance is still a black box for many organisations. The companies engaging in data governance or in related areas mostly refrain from calling it ‘data governance’ or from attaching a strategic perspective to it. Yet a clear awareness of what data governance is and how it materialises is essential for the respective organisation in order to become more data-driven and hence be able to exploit the potential of the data economy.

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Data Governance as the Enabler of the Data Economy
Barbara Engels in Intereconomics External Publication 31. July 2019

Barbara Engels in Intereconomics

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

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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 ...

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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

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