Open Data: A Twenty-First-Century Asset for Small and Medium-Sized Enterprises
71 Pages Posted: 22 Mar 2018
Date Written: April 1, 2015
The purpose of this paper is to better understand how open and shared data impacts the economy. Focusing on small and medium-sized enterprises (SMEs) and start-ups, we consider 354 case studies of companies currently using open data, so that we can better understand how open data can be used and how it can contribute to economic growth, new jobs, greater innovation, and other improvements in our social and economic lives. Grounding our analysis in empirical studies allows us to identify the most important issues confronting any SME considering an open data strategy. It provides lessons and principles that have proven, real-world applicability.
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