Digital Innovation: Harnessing The Value Of Open Data

Digital Innovation: Harnessing the Value of Open Data explores the rapidly evolving phenomenon of Open Data, highlighting its potential to drive customer-centric innovations, political campaigns, and public health initiatives. It emphasizes the importance of curating and publicly sharing data, despite challenges such as investments in knowledge infrastructures and incentives. The book examines the drivers, motivations, and decision-frames for sharing data, as well as potential applications and lessons learned from current practices. It also explores the role of organizational ingredients and culture in facilitating open data practices and the impact of semantic web applications.

Format: Hardback
Length: 284 pages
Publication date: 03 July 2019
Publisher: World Scientific Publishing Co Pte Ltd

Digital innovation, driven by the power of the Internet and its global user ecosystem, is a rapidly evolving landscape that holds immense potential for creating strategic and societal value. The phenomenon of open data is gaining momentum, reshaping the interconnectedness of industries, companies, and governments, as well as their interactions with end-users of products and services. This transformative shift is evident in a range of areas, from customer-centric innovations to successful political campaigns and effective public health management.

Open data promises greater transparency, accountability, and empowerment of stakeholders. It enables organizations to release data in a more accessible and reusable manner, fostering collaboration, innovation, and economic growth. However, curating and publicly sharing data poses challenges, including investments in knowledge infrastructures and the need for well-defined incentives.

Who are the driving forces and enablers of the open data movement? What motivates organizations to release data and how are they leveraging it to create value? What are the current challenges faced by the open data community, and how are they being addressed? What decision-frames are adopted for sharing data, and what are the potential applications and lessons learned from current practices?

Organizational ingredients and culture play a crucial role in adopting and facilitating open data practices. How can organizations foster a culture that values open data and encourages its use? What is the potential impact of semantic web applications in enhancing the accessibility and interoperability of open data?

By delving into the multifaceted dimensions of open data and exploring the interplay between economic utility, governance, societal values of fairness and trust, this volume aims to entice readers with evidence-based answers to these and other critical questions. It serves as a comprehensive guide for those seeking to navigate the evolving landscape of knowledge management, offering a progressively revealing and enlightening journey from the conceptualization to cultural proliferation of the latest trends in open data.

As readers delve into the pages of this volume, they will be captivated by the rich tapestry of experiences, insights, and best practices shared by experts in the field. They will gain a deeper understanding of the transformative power of open data and its potential to drive positive change in various sectors. The journey from conceptualization to cultural proliferation of open data promises to be an exciting and enlightening one, offering valuable insights and opportunities for individuals, organizations, and society as a whole.

Weight: 554g
Dimension: 159 x 236 x 23 (mm)
ISBN-13: 9789813271630