What is Data Economics?

2015-07-01 - Business Models / Definitions / Literature / Theory

Data economics investigates the economic principles of data and its institutionalisation thereof in the form of industries, regulations and socio-economic effects deriving from it.

From a business model perspective data economics tries to

[…] align data exchange and revenue generation as part of the same positive feedback mechanism, aligning investment in the service with calculable returns (Booth et al. 2013, p. 1311).

… t.b.c. …


› tags: economics / open data / Web Observatory /

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