New Business Models for Data-Driven Services
Summary
Data has become the infrastructure on which modern economies are
built. Nowadays, data is vital in every sector, and businesses of
every size increasingly depend on it. At the same time, the reuse of
open data in Europe still requires further research and implementation
efforts to fully express its potential for public and private value
creation. This paper provides a review of the research conducted over
the past two decades on how information generated by the public sector
and released in an open data format may purposely be re-used by
for-profit and not-for-profit private entities.