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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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Status Quo and Use Cases in Germany
Jan Büchel / Barbara Engels IW-Report No. 53 20. October 2022

Industry trends in data sharing: Status Quo and Use Cases in Germany

Data is generated everywhere along the value chain. Each player produces data specifically or as a by-product at various points in the production process. This data can offer significant benefits for the companies themselves and for the economy as a whole.

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Jan Büchel / Hans-Peter Klös IW-Report No. 42 24. August 2022

Metaverse: Hype or "next big thing"?

Not only since the Facebook group renamed itself Meta in October 2021 has the topic of metaverse gained substantial importance. Experiences due to the corona pandemic have also spurred digital applications to a great extent.

IW

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