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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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External Publication
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

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

Barbara Engels in Intereconomics

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

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The Potential and the Reality in German Companies
Dennis Bakalis / Jan Büchel IW-Trends No. 2 14. June 2024

Data Utilisation and Data Sharing: The Potential and the Reality in German Companies

Companies that store their data extensively in digital form, process it in a structured manner and use it in a variety of ways can become particularly efficient members of the data economy.

IW

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Armin Mertens / Marc Scheufen in European Journal of Law and Economics External Publication 29. May 2024

Intellectual property and fourth industrial revolution technologies: how the patent system is shaping the future in the data-driven economy

Using the classification system from the European Patent Office (EPO), we identify almost 600,000 patent applications for fourth industrial revolution technologies from 1986 to 2015.

IW

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