The Data Driven Economy
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New Horizons For A Data Driven Economy
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Author : José María Cavanillas
language : en
Publisher: Springer
Release Date : 2016-04-04
New Horizons For A Data Driven Economy written by José María Cavanillas and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-04 with Computers categories.
In this book readers will find technological discussions on the existing and emerging technologies across the different stages of the big data value chain. They will learn about legal aspects of big data, the social impact, and about education needs and requirements. And they will discover the business perspective and how big data technology can be exploited to deliver value within different sectors of the economy. The book is structured in four parts: Part I “The Big Data Opportunity” explores the value potential of big data with a particular focus on the European context. It also describes the legal, business and social dimensions that need to be addressed, and briefly introduces the European Commission’s BIG project. Part II “The Big Data Value Chain” details the complete big data lifecycle from a technical point of view, ranging from data acquisition, analysis, curation and storage, to data usage and exploitation. Next, Part III “Usage and Exploitation of Big Data” illustrates the value creation possibilities of big data applications in various sectors, including industry, healthcare, finance, energy, media and public services. Finally, Part IV “A Roadmap for Big Data Research” identifies and prioritizes the cross-sectorial requirements for big data research, and outlines the most urgent and challenging technological, economic, political and societal issues for big data in Europe. This compendium summarizes more than two years of work performed by a leading group of major European research centers and industries in the context of the BIG project. It brings together research findings, forecasts and estimates related to this challenging technological context that is becoming the major axis of the new digitally transformed business environment.
The Economics Of Data
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Author : Dan Ciuriak
language : en
Publisher:
Release Date : 2018
The Economics Of Data written by Dan Ciuriak and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
The economics of the emerging data-driven economy can be situated in theoretical models of endogenous growth which introduce research and development, human capital formation, and Schumpeterian creative destruction as drivers of economic growth, together with positive externalities related to local knowledge spillovers. This theoretical framework allows for differential rates of growth in different countries based on their policies to support innovation and for innovation to generate market power and monopoly rents. However, the data-driven economy has several structural features that make it at least a special case of the general endogenous growth model, if not a new model altogether. These include pervasive information asymmetry, the industrialization of learning through artificial intelligence, the proliferation of superstar firms due to "winner take most" market dynamics, new forms of trade and exchange, the value of which is not captured by traditional economic accounting systems, and systemic risks due to vulnerabilities in the information infrastructure. This note explores these issues.
On Economic Strategy In The Data Driven Economy
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Author : Dan Ciuriak
language : en
Publisher:
Release Date : 2018
On Economic Strategy In The Data Driven Economy written by Dan Ciuriak and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
The digital transformation is creating a new kind of economy - a data-driven economy (DDE) that builds on, but differs materially from, the knowledge-based economy (KBE) that preceded it and the industrial economy on which the KBE was based. The underlying economics of the DDE gives rise to powerful incentives for strategic trade and investment policy, which are already shaping policy responses of the economies with major interests in the digital economy. This note outlines the issues and considers the implications for the small open economy.
Data Driven Innovation Big Data For Growth And Well Being
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2015-10-06
Data Driven Innovation Big Data For Growth And Well Being written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-10-06 with categories.
This report improves the evidence base on the role of Data Driven Innovation for promoting growth and well-being, and provide policy guidance on how to maximise the benefits of DDI and mitigate the associated economic and societal risks.
The Big Data Driven Digital Economy Artificial And Computational Intelligence
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Author : Abdalmuttaleb M. A. Musleh Al-Sartawi
language : en
Publisher: Springer Nature
Release Date : 2021-05-28
The Big Data Driven Digital Economy Artificial And Computational Intelligence written by Abdalmuttaleb M. A. Musleh Al-Sartawi and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-28 with Computers categories.
This book shows digital economy has become one of the most sought out solutions to sustainable development and economic growth of nations. This book discusses the implications of both artificial intelligence and computational intelligence in the digital economy providing a holistic view on AI education, economics, finance, sustainability, ethics, governance, cybersecurity, blockchain, and knowledge management. Unlike other books, this book brings together two important areas, intelligence systems and big data in the digital economy, with special attention given to the opportunities, challenges, for education, business growth, and economic progression of nations. The chapters hereby focus on how societies can take advantage and manage data, as well as the limitations they face due to the complexity of resources in the form of digital data and the intelligence which will support economists, financial managers, engineers, ICT specialists, digital managers, data managers, policymakers, regulators, researchers, academics, students, economic development strategies, and the efforts made by the UN towards achieving their sustainability goals.
Unpacking The Valuation Of Data In The Data Driven Economy
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Author : Dan Ciuriak
language : en
Publisher:
Release Date : 2019
Unpacking The Valuation Of Data In The Data Driven Economy written by Dan Ciuriak and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with categories.
Data is often said to be the most valuable commodity of our age. It is a curiosity, therefore, that it remains largely invisible on the balance sheets of companies and largely unmeasured in our national economic accounts. This note seeks to unpack what we mean when we refer to data as the “new oil” or the essential capital of the data-driven economy, how it differs from information in general, how it is transformed into value, and what might be the approximate scale of the value of data in a modern data-driven economy.
Deliver Value In The Data Economy
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Author : Jarkko Moilanen
language : en
Publisher: MindMote Oy
Release Date : 2022-06-15
Deliver Value In The Data Economy written by Jarkko Moilanen and has been published by MindMote Oy this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-06-15 with Business & Economics categories.
The book Deliver Value in the Data Economy is for data monetization purposes, which helps you to build a bridge between the IT department and business design to maximize data-driven value creation. Why the book is written? Based on data product-related discussions with 200+ companies, we have seen that gap in knowledge is not in technology or adopting technology to monetize data assets. A lot of tools, platforms, and technical solutions exist and we have skilled people on the job. But the problem is that they do not know what to do or why. The business layer in companies is lagging behind and has difficulties understanding and applying data economy in their business. We want to change that! The book is written for business developers, CEOs, CIOs, CDOs, and all developing data-driven businesses. If you happen to be in a position in which innovating new business or leading digitalization is your thing, this book is for you! The book offers insights based on our experiences in practical cases as well as results from academic research we conduct as well. Two of us have doctoral degrees from ecosystem-driven platform businesses. We will leave the technical aspects in the outer rings since those aspects are already covered in various blogs and podcasts. The focus is on the business side of data commodities also known mostly as data products and data as a service (DaaS).
Rethinking Industrial Policy For The Data Driven Economy
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Author :
language : en
Publisher:
Release Date : 2018
Rethinking Industrial Policy For The Data Driven Economy written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
Moreover, the criteria for public sector policy for domestically developed knowledge intervention change in line with the shifts in the capital produced with public funding support; economic characteristics and behaviour of the giving appropriate weight to the implications data-driven economy that is being ushered in for a country's stock of technology assets of by the digital transformation (Ciur [...] Rethinking Industrial Policy for the Data-driven Economy 1 Having dispelled the ghost of industrial policy past, The positive case for industrial policy the paper then makes the case for a fundamental has traditionally rested on four main reframing of industrial/innovation policy based theoretical arguments, each of which on the centrality of data to the data-driven digital is based on market fail [...] The period of dismantling Policy for the Data-driven of Canada's industrial policy assets under the Mulroney government saw a reversal of the Economy observed trend: in purchasing power parity terms, Canada's GDP per capita fell from about The Government of Canada has posed a number of 90 percent at the beginning of the Mulroney questions for its national consultations on digital reforms to the lo [...] Data must thus move to front and centre Rethinking Industrial Policy for the Data-driven Economy 5 in policy considerations, and the characteristics These three roles of data create different and of the data-driven economy must inform our seemingly inconsistent requirements for understanding of innovation in this new economic the policy architecture of the data-driven age. [...] Market Failure in the The Centrality of Data Data-driven Economy Data plays several critical and very different roles The economics of the data-driven economy can in a data-driven economy: it is the medium for be situated in familiar theoretical models of commercial transactions in digital space, the endogenous growth; at the same time, several essential capital stock of the data-driven economy st.
The Data Driven Economy
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Author :
language : en
Publisher:
Release Date : 2019
The Data Driven Economy written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Electronic books categories.
Data Driven Business Models For The Digital Economy
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Author : Rado Kotorov
language : en
Publisher:
Release Date : 2020-04-21
Data Driven Business Models For The Digital Economy written by Rado Kotorov and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-04-21 with categories.
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.