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"Digitisation is fundamentally transforming our entire economy and our society. The datafication of business processes leads to an incredibly fast and ever increasing mass of data. Such data is the blood in the veins of the digital economy. Many existing and future business models, which will drive innovation and create economic growth, depend on being able to use this data. Trading Data in the Digital Economy is therefore a central aspect of the development of the EU Digital Market. In continuing with the aim of the 'Münster Colloquia on Digital Law and the EU Economy', this book examines the 'Legal Concepts and Tools' with a view to determining how EU law should react to the challenges and needs of this aspect of the digital economy. This volume is a collection of contributions to the 3rd Münster Colloquium, held on 4-5 May 2017 in Münster, Germany. The colloquium analysed the academic, practice-based, and political aspects of the various legal concepts and tools surrounding the trade in data. More specifically, the volume focuses on the starting points and challenges, exclusivity rights, compulsory licences, and contractual concepts."--Bloomsbury Publishing.
'Die' Digitalisierung gehört zu den wichtigsten Themen des neuen Jahrhunderts. Sie verändert unsere Gesellschaft ebenso grundlegend wie unsere Wirtschaft. Die geschäftsmäßige Datenerfassung führt zu einer enormen Datenmenge, die das Blut in den Adern der digitalen Wirtschaft bildet. Viele aktuelle, vor allem aber künftige Geschäftsmodelle, die Innovationen vorantreiben und wirtschaftliches Wachstum schaffen sollen, basieren auf der Nutzung dieser Daten. Der Band analysiert rechtliche Konzepte und Instrumente rund um das Thema des Datenhandels. Er dokumentiert damit die Beträge und Ergebnisse des 'Münster Colloquium on Trading Data in the Digital Economy'. Damit leistet der Band einen Beitrag zur Bewältigung der Herausforderungen des Datenhandels, insbesondere auf europäischer Ebene.
"Die" Digitalisierung gehцrt zu den wichtigsten Themen des neuen Jahrhunderts. Sie verдndert unsere Gesellschaft ebenso grundlegend wie unsere Wirtschaft. Die geschдftsmдяige Datenerfassung fьhrt zu einer enormen Datenmenge, die das Blut in den Adern der digitalen Wirtschaft bildet. Viele aktuelle, vor allem aber kьnftige Geschдftsmodelle, die Innovationen vorantreiben und wirtschaftliches Wachstum schaffen sollen, basieren auf der Nutzung dieser Daten. Der Band analysiert rechtliche Konzepte und Instrumente rund um das Thema des Datenhandels. Er dokumentiert damit die Betrдge und Ergebnisse des "Mьnster Colloquium on Trading Data in the Digital Economy". Damit leistet der Band einen Beitrag zur Bewдltigung der Herausforderungen des Datenhandels, insbesondere auf europдischer Ebene.
Looks at how the Internet is affecting businesses, education, and government, touching on the twelve themes of the new economy and privacy issues
As the cost of storing, sharing, and analyzing data has decreased, economic activity has become increasingly digital. But while the effects of digital technology and improved digital communication have been explored in a variety of contexts, the impact on economic activity—from consumer and entrepreneurial behavior to the ways in which governments determine policy—is less well understood. Economic Analysis of the Digital Economy explores the economic impact of digitization, with each chapter identifying a promising new area of research. The Internet is one of the key drivers of growth in digital communication, and the first set of chapters discusses basic supply-and-demand factors related to access. Later chapters discuss new opportunities and challenges created by digital technology and describe some of the most pressing policy issues. As digital technologies continue to gain in momentum and importance, it has become clear that digitization has features that do not fit well into traditional economic models. This suggests a need for a better understanding of the impact of digital technology on economic activity, and Economic Analysis of the Digital Economy brings together leading scholars to explore this emerging area of research.
The rapid growth of electronic commerce, along with changes in information, computing, and communications, is having a profound effect on the United States economy. President Clinton recently directed the National Economic Council, in consultation with executive branch agencies, to analyze the economic implications of the Internet and electronic commerce domestically and internationally, and to consider new types of data collection and research that could be undertaken by public and private organizations. This book contains work presented at a conference held by executive branch agencies in May 1999 at the Department of Commerce. The goals of the conference were to assess current research on the digital economy, to engage the private sector in developing the research that informs investment and policy decisions, and to promote better understanding of the growth and socioeconomic implications of information technology and electronic commerce. Aspects of the digital economy addressed include macroeconomic assessment, organizational change, small business, access, market structure and competition, and employment and the workforce.
Today the fastest growing companies have no physical assets. Instead, they create innovative digital products and new data-driven business models. They capture huge market share fast and their capitalizations skyrocket. The success of these digital giants is pushing all companies to rethink their business models and to start digitizing their products and services. Whether you are a new start-up building a digital product or service, or an employee of an established company that is transitioning to digital, you need to consider how digitization has transformed every aspect of management. Data-driven business models scale not through asset accumulation and product standardization, but through disaggregation of supply and demand. The winners in the new economy master the demand for one and the supply to millions. Throughout the book the author illustrates with examples and use cases how the market competition has changed and how companies adept to the new rules of the game. The economic levers of scale and scope are also different in the digital economy and companies have to learn new tactics how to achieve and sustain their competitive advantage. While data is at the core of all digital business models, the monetization strategies vary across products, services and business models. Our Monetization Matrix is a model that helps managers, marketers, sales professionals, and technical product designers to align the digital product design with the data-driven business model.
This report examines the opportunities of enhancing access to and sharing of data (EASD) in the context of the growing importance of artificial intelligence and the Internet of Things. It discusses how EASD can maximise the social and economic value of data re-use and how the related risks and challenges can be addressed. It highlights the trade-offs, complementarities and possible unintended consequences of policy action - and inaction. It also provides examples of EASD approaches and policy initiatives in OECD countries and partner economies.
The ongoing economic and financial digitalization is making individual data a key input and source of value for companies across sectors, from bigtechs and pharmaceuticals to manufacturers and financial services providers. Data on human behavior and choices—our “likes,” purchase patterns, locations, social activities, biometrics, and financing choices—are being generated, collected, stored, and processed at an unprecedented scale.