Trading Data In The Digital Economy

"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.

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.

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.

Digital transformation continues to create new growth opportunities for businesses and improve the lives of citizens. To help businesses seize these opportunities, the Infocomm Media Development Authority (IMDA) launched the Digital Economy Framework for Action in 2018. This living document aims to enhance Singapore's digital competitiveness and become a global node in Asia.As part of Singapore's push for a Digital Economy, IMDA and the Singapore University of Social Sciences have collaborated to jointly publish the Artificial Intelligence, Data and Blockchain in a Digital Economy, First Edition. This book explains how frontier technologies such as blockchain and artificial intelligence can empower Singapore's digital transformation. It also highlights and provides insights on transformative services and how frontier technology can impact the nation's digitalisation journey.

Looks at how the Internet is affecting businesses, education, and government, touching on the twelve themes of the new economy and privacy issues

The Information Economy Report 2017 analyzes the evolving digital economy and its implications for trade and development. While these are still early days of the digital economy, it is already clear that it will have globally transformative impacts on the way we live, work and develop our economies. As the world strives to implement the 2030 Agenda for Sustainable Development, harnessing the power of information and communications technologies (ICTs) is essential. Large parts of the developing world remain disconnected from the Internet, and many people lack access to high-speed broadband connectivity. Policymaking at the national and international levels needs to mitigate the risk that digitalization could widen existing divides and create new gaps. Since increased reliance on digital technologies, such as cloud computing, three-dimensional printing, big data and “the Internet of things”, it is essential to start assessing opportunities and pitfalls alike, and to prepare for what is coming. The analysis contained in the report contributes to this process and proposes ways in which the international community can reduce inequality, enable the benefits of digitalization to reach all people and ensure that no one is left behind by the evolving digital economy.