Open Data for Economic Growth
Many governments are pursuing open data policies. One of the key policy drivers has been to use open data to drive economic growth and business innovation. This paper examines the evidence for the economic potential of open data and concludes that,...
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| Format: | Other Public Sector Study |
| Language: | English en_US |
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Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2014/06/19880825/open-data-economic-growth http://hdl.handle.net/10986/19997 |
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okr-10986-199972021-04-23T14:03:53Z Open Data for Economic Growth World Bank ACCESS TO INFORMATION ADVERTISING ANNUAL REPORT ARCHETYPES AVAILABILITY OF DATA BUSINESS ADOPTION BUSINESS INNOVATION BUSINESS MODEL BUSINESS MODELS BUSINESS TRANSACTIONS BUSINESSES BUYERS CAPABILITY CATALOGUE CHANGE MANAGEMENT CITIES COMMERCE COMMUNITIES CONTENTS COPYRIGHT DATA ACCESS DATA POLICIES DATA SERVICES DECISION MAKING DECISION-MAKING DELIVERY SERVICES DISPLAY SCREENS DOMAINS ECONOMIC ACTIVITY ELECTRICITY END USERS END-USER END-USERS ENGINEERS GLOBAL POSITIONING SYSTEM GPS HARDWARE ICT IDEA IDEAS INFORMATION INFRASTRUCTURE INFORMATION POLICIES INFORMATION PROVISION INFORMATION USE INNOVATIONS INNOVATIVE IDEA INSIGHTS INSTITUTION LEADING LICENSE MARKET OPPORTUNITY MARKETING METADATA NAVIGATION NEW IDEAS NEW PRODUCTS NEW TECHNOLOGIES ONE-STOP SHOP OPEN SOURCE SOFTWARE PDF PORTALS PRIVACY PRIVATE SECTOR PROCUREMENT PRODUCTIVITY PROPRIETARY KNOWLEDGE PROTOTYPE PUBLIC INSTITUTION PUBLIC INSTITUTIONS PUBLIC SECTOR INFORMATION REGISTRY RESEARCHERS RESULT RESULTS SEARCH SERVICE PROVIDERS SOFTWARE DEVELOPERS SOFTWARE DEVELOPMENT STRUCTURES SYSTEMS INTEGRATION THIRD-PARTY PROVIDERS USER USERS USES VALUE CHAIN WEB WEBSITE Many governments are pursuing open data policies. One of the key policy drivers has been to use open data to drive economic growth and business innovation. This paper examines the evidence for the economic potential of open data and concludes that, despite a variation in published estimates and some methodological difficulties, the potential is very large indeed. It reviews the latest data about companies using open data, and highlights four companies which did not exist ten years ago, which are driven by open data, and which are each now valued at around $1 billion or more. It discusses the five archetypical types of businesses using open data, and cites concrete examples of each, and discusses the types of data which are proving most likely to lead to widespread business adoption and innovation. It suggests that governments should see themselves not only as a Supplier of open data but also as a leader, catalyst and user of it. Finally, it makes some recommendations for policies and actions which governments could take to maximize the economic growth possible from their data. 2014-09-09T15:29:51Z 2014-09-09T15:29:51Z 2014-06-25 http://documents.worldbank.org/curated/en/2014/06/19880825/open-data-economic-growth http://hdl.handle.net/10986/19997 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Other Public Sector Study Economic & Sector Work |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS TO INFORMATION ADVERTISING ANNUAL REPORT ARCHETYPES AVAILABILITY OF DATA BUSINESS ADOPTION BUSINESS INNOVATION BUSINESS MODEL BUSINESS MODELS BUSINESS TRANSACTIONS BUSINESSES BUYERS CAPABILITY CATALOGUE CHANGE MANAGEMENT CITIES COMMERCE COMMUNITIES CONTENTS COPYRIGHT DATA ACCESS DATA POLICIES DATA SERVICES DECISION MAKING DECISION-MAKING DELIVERY SERVICES DISPLAY SCREENS DOMAINS ECONOMIC ACTIVITY ELECTRICITY END USERS END-USER END-USERS ENGINEERS GLOBAL POSITIONING SYSTEM GPS HARDWARE ICT IDEA IDEAS INFORMATION INFRASTRUCTURE INFORMATION POLICIES INFORMATION PROVISION INFORMATION USE INNOVATIONS INNOVATIVE IDEA INSIGHTS INSTITUTION LEADING LICENSE MARKET OPPORTUNITY MARKETING METADATA NAVIGATION NEW IDEAS NEW PRODUCTS NEW TECHNOLOGIES ONE-STOP SHOP OPEN SOURCE SOFTWARE PORTALS PRIVACY PRIVATE SECTOR PROCUREMENT PRODUCTIVITY PROPRIETARY KNOWLEDGE PROTOTYPE PUBLIC INSTITUTION PUBLIC INSTITUTIONS PUBLIC SECTOR INFORMATION REGISTRY RESEARCHERS RESULT RESULTS SEARCH SERVICE PROVIDERS SOFTWARE DEVELOPERS SOFTWARE DEVELOPMENT STRUCTURES SYSTEMS INTEGRATION THIRD-PARTY PROVIDERS USER USERS USES VALUE CHAIN WEB WEBSITE |
| spellingShingle |
ACCESS TO INFORMATION ADVERTISING ANNUAL REPORT ARCHETYPES AVAILABILITY OF DATA BUSINESS ADOPTION BUSINESS INNOVATION BUSINESS MODEL BUSINESS MODELS BUSINESS TRANSACTIONS BUSINESSES BUYERS CAPABILITY CATALOGUE CHANGE MANAGEMENT CITIES COMMERCE COMMUNITIES CONTENTS COPYRIGHT DATA ACCESS DATA POLICIES DATA SERVICES DECISION MAKING DECISION-MAKING DELIVERY SERVICES DISPLAY SCREENS DOMAINS ECONOMIC ACTIVITY ELECTRICITY END USERS END-USER END-USERS ENGINEERS GLOBAL POSITIONING SYSTEM GPS HARDWARE ICT IDEA IDEAS INFORMATION INFRASTRUCTURE INFORMATION POLICIES INFORMATION PROVISION INFORMATION USE INNOVATIONS INNOVATIVE IDEA INSIGHTS INSTITUTION LEADING LICENSE MARKET OPPORTUNITY MARKETING METADATA NAVIGATION NEW IDEAS NEW PRODUCTS NEW TECHNOLOGIES ONE-STOP SHOP OPEN SOURCE SOFTWARE PORTALS PRIVACY PRIVATE SECTOR PROCUREMENT PRODUCTIVITY PROPRIETARY KNOWLEDGE PROTOTYPE PUBLIC INSTITUTION PUBLIC INSTITUTIONS PUBLIC SECTOR INFORMATION REGISTRY RESEARCHERS RESULT RESULTS SEARCH SERVICE PROVIDERS SOFTWARE DEVELOPERS SOFTWARE DEVELOPMENT STRUCTURES SYSTEMS INTEGRATION THIRD-PARTY PROVIDERS USER USERS USES VALUE CHAIN WEB WEBSITE World Bank Open Data for Economic Growth |
| description |
Many governments are pursuing open
data policies. One of the key policy drivers has been to use
open data to drive economic growth and business innovation.
This paper examines the evidence for the economic potential
of open data and concludes that, despite a variation in
published estimates and some methodological difficulties,
the potential is very large indeed. It reviews the latest
data about companies using open data, and highlights four
companies which did not exist ten years ago, which are
driven by open data, and which are each now valued at around
$1 billion or more. It discusses the five archetypical types
of businesses using open data, and cites concrete examples
of each, and discusses the types of data which are proving
most likely to lead to widespread business adoption and
innovation. It suggests that governments should see
themselves not only as a Supplier of open data but also as a
leader, catalyst and user of it. Finally, it makes some
recommendations for policies and actions which governments
could take to maximize the economic growth possible from
their data. |
| format |
Economic & Sector Work :: Other Public Sector Study |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Open Data for Economic Growth |
| title_short |
Open Data for Economic Growth |
| title_full |
Open Data for Economic Growth |
| title_fullStr |
Open Data for Economic Growth |
| title_full_unstemmed |
Open Data for Economic Growth |
| title_sort |
open data for economic growth |
| publisher |
Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2014/06/19880825/open-data-economic-growth http://hdl.handle.net/10986/19997 |
| _version_ |
1764444270271397888 |