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Barbara Engels in Intereconomics Externe Veröffentlichung 31. Juli 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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Externe Veröffentlichung
Data Governance as the Enabler of the Data Economy
Barbara Engels in Intereconomics Externe Veröffentlichung 31. Juli 2019

Data Governance as the Enabler of the Data Economy

Institut der deutschen Wirtschaft (IW) Institut der deutschen Wirtschaft (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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Externe Veröffentlichung
Data Governance as the Enabler of the Data Economy
Barbara Engels in Intereconomics Externe Veröffentlichung 31. Juli 2019

Barbara Engels in Intereconomics

Institut der deutschen Wirtschaft (IW) Institut der deutschen Wirtschaft (IW)

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Hubertus Bardt / Stefan Kooths in ORDO Externe Veröffentlichung 27. November 2023

Künstliche Intelligenz als Ersatz für Märkte und Wettbewerb?

Der entscheidende Vorteil der dezentralen sozio-ökonomischen Koordination über Märkte liegt in der Kapazität zum Aufspüren und Verarbeiten von allokationsrelevanten Informationen, die zentralen Planern fehlt.

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Christian Rusche / Jeanne Mouton in European Journal of Law and Economics Externe Veröffentlichung 15. November 2023

The anti‑steering provision of Article 5 (4) of the DMA: a law and economics assessment on the business model of gatekeepers and business users

Data is a success factor for digital platforms and the core of their business model. The rationale behind this is that data allows for improving the matching process between users which creates value for the platform.

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