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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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Markus Demary / Vera Demary IW-Policy Paper No. 7 2. September 2024

Crypto regulation in the EU

FC Bayern Munich footballers advertise for the crypto exchange Bitpanda, Crypto.com advertised with rapper Eminem during the NBA playoffs of the Los Angeles Lakers basketball team, whose arena was renamed “Crypto.com Arena” in 2021.

IW

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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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