Whose Data is it Anyway and Why Should Entrepreneurs Care?

Published as “Data Collection Will Drive Industry Shifts,” Opinion, Centre for International Governance Innovation, 2018

6 Pages Posted: 15 Jun 2018

See all articles by Dan Ciuriak

Dan Ciuriak

Ciuriak Consulting Inc.; Centre for International Governance Innovation (CIGI); C.D. Howe Institute; Asia Pacific Foundation of Canada; BKP Development Research & Consulting GmbH

Date Written: May 30, 2018

Abstract

From primary industries, to cities to agriculture, who owns data and what they are allowed to do with it has implications for the ability of entrepreneurs to grow their businesses and compete on a world stage. In the context of the emerging data-driven economy, which features “winner take most” economics but also heightened risk due to uncertainties about the future regulatory environment and an accelerated pace of technological change, entrepreneurs face a structurally increased real option of waiting, yet at the same time an increased downside risk of not committing to the investments needed to capture and defend market share. How might public policy makers and CEOs work together to respond?

Keywords: Data, Data-driven Economy, Machine Knowledge Capital, Superstar Firms, Artificial Intelligence, Internet of Things, IoT

JEL Classification: O40

Suggested Citation

Ciuriak, Dan, Whose Data is it Anyway and Why Should Entrepreneurs Care? (May 30, 2018). Published as “Data Collection Will Drive Industry Shifts,” Opinion, Centre for International Governance Innovation, 2018. Available at SSRN: https://ssrn.com/abstract=3187970

Dan Ciuriak (Contact Author)

Ciuriak Consulting Inc. ( email )

83 Stewart St.
Ottawa, Ontario K1N 6H9
Canada

Centre for International Governance Innovation (CIGI) ( email )

57 Erb Street West
Waterloo, Ontario N2L 6C2
Canada

C.D. Howe Institute ( email )

67 Yonge St., Suite 300
Toronto, Ontario M5E 1J8
Canada

Asia Pacific Foundation of Canada ( email )

Canada

HOME PAGE: http://ciuriakconsulting.com/

BKP Development Research & Consulting GmbH ( email )

Romanstrasse 74
München, 80639
Germany

Register to save articles to
your library

Register

Paper statistics

Downloads
17
Abstract Views
187
PlumX Metrics