Dear all,
Just resending Link here to the RDA IG-Data Economics meeting, tomorrow: 10:00 AM-11:30 AM, and the Agenda is also below.
https://www.rd-alliance.org/ig-data-economics-rda-13th-plenary-meeting
All welcome at the IG-Data Economics IG meeting
Meeting title: Data Properties as Economic Goods (Remote Access Instructions)
Collaborative session notes: https://docs.google.com/document/d/1HCnqfGKWu6NCbCtkIIRzjGyj4u59bCOdAkfF…
AGENDA
Date/Time: 3 April 2019, 10:00 AM-11:30 AM
Location: Commonwealth A1
10:00-10:10 (Jane and Yuri remotely)
Introduction around the room
Goals of the sessions
10:10-10:25
Luis A. Rios, Assistant Professor of Management, The Wharton School, University of Pennsylvania; Topic: Intellectual property, appropriability, and exclusion: Boundary conditions to the commoditization of data
10:25-10:35
Greg Madden, Senior Advisor for Research Computing and Cyberinfrastructure. Office of the Vice President, Penn State University; Topic: Systems perspective on cost and data as asset
10:35-10:45
George Saleh, Datapace, Nokia; Topic: Nokia Data markets and data monetization using blockchain technology
10:45-10:50
Yuri Demchenko, University of Amsterdam; Topic: Data management, data economics and technological platforms – Overview activities in Europe
10:55-11:00 Jane Greenberg, Alice B. Kroeger Professor, Director Metadata Research Center, Drexel University; Topic: Metadata capital
11:00-11:20 Open discussion and review of IG-charter (Jane/Yuri) 11:20-11:30 IG Charter outputs, commitment, action items (Jane/Yuri)
Session objectives
· Continue discussion started at the first BoF on Data as Economic goods at RDA12 Plenary and proceed with the establishing Interest Group
· Discuss Charter of the proposed IG on Data Economics
· Identify set of documents to be produced by the prospective IG and create team of volunteers to work on the documents; in particular, information document on overview/analysis of business models for research data and commoditized data trading and exchange, related data properties
· Identify key actions to further research topics and coordination actions
· Gather individuals interested in defining set of properties that are related to data as economic goods
· Scope of the IG-DE group and related activities
The proposed Interest Group is a direct outcome of the BoF on Data as economic goods that took place at the RDA 12 Plenary on 5-8 Nov 2018 in Gaborone. The BoF drew 29 participants from 13 countries, and included four presentations. People were enthusiastic to work on the main topics discussed at the BoF.
Emerging data driven technologies and economy facilitate interest to making data a new economic value (data commoditization) and consequently identification of the new properties of data as economic goods. Creating consistent and workable models for data exchange and commoditization is critical to facilitating research data usage, creation of new value added data driven services bringing additional resources to research organizations. Consistent data pricing and data markets models are equally important for government funded and sponsored research, open data and governmental data. A number of examples from industry demonstrate practical interest to facilitate and obtain value from data exchange, interoperability, and adopting common architectures for data markets.
As part of this trend, existing business models of paid or commercial data(sets) services such as archives are based rather on services subscription fee. Quality of datasets in many cases is assessed by independent certification body or based on peer review by expert. This type of model is useful for specific use cases, although this does not provide a consistent model to make data an economic goods and enable data commoditization. Another key factor is growing interest in making the best use of research data resulted in formulation of the FAIR (Findable – Accessible – Interoperable – Reusable) data principles, which are widely supported by industry and business.
The BoF and proposed IG will address issues related to data commoditization, first of all definition of properties that will make effective data exchange and trading.
Additional links to informative material related to the group
1. Notes and materials from the first BoF on Data Properties as Economic Goods at RDA12 https://www.rd-alliance.org/bof-data-properties-economic-goods-rda-12th-…
2. Position paper: Data as Economic Goods: Definitions, Properties, Challenges, Enabling Technologies for Future Data Markets, by Yuri Demchenko, Wouter Los, Cees de Laat, ITU Journal: ICT Discoveries, Special Issue 2 “Data for Goods”, https://www.itu.int/en/journal/002/Documents/ITU2018-12.pdf
3. Proposed Charter of the Data Economics IG https://www.rd-alliance.org/group/data-economics-ig/case-statement/inter…
4. mailing list ***@***.***-groups.org
Target audience: Anyone interested in economic aspects of data, and notion of data as a commodify, or quantification of data.
Group chair serving as contact person:
Yuri Demchenko, Jane Greenberg
Type of meeting:
Informative meeting
Related Plenary:
RDA’s 13th Plenary Meeting, Philadelphia, US
Groups audience:
Data Economics IG
Best wishes, Jane and Yuri