Tools for Activating Data Marketplace: Toward Innovations with Data-mediated Communications

This book explores the employment of market mechanisms for data-interactive innovations, introducing the concept of data jackets to enable analysis of data types, locations, and information content, even if the data cannot be made publicly available. It presents a marketplace for data as a platform for value-based exchange and showcases case studies of how the methods and processes can be employed in real-life contexts.

Format: Hardback
Length: 236 pages
Publication date: 01 December 2022
Publisher: Springer International Publishing AG

This comprehensive book delves into the fascinating realm of employing market mechanisms to foster data-interactive innovations. Building upon the concept of innovators' marketplaces, the author introduces a novel concept called data jackets, which empower the analysis of data, regardless of whether it is publicly accessible. By leveraging data jackets, researchers and practitioners gain insights into the types of data available, their locations, and the valuable information they contain.

The book presents a comprehensive marketplace for data, specifically tailored for data-interactive innovations. It explains how data jackets can be utilized as standalone tools for value-based exchange of data, irrespective of the actual content of the data. In-depth chapters explore the fundamental elements of data jackets, including variables, constraints, and intentions, while also extending the concept to variable quest, a process aimed at designing data.

Numerous case studies showcase real-life applications of the methods and processes presented in the book. Furthermore, the authors offer insightful extensions of the concept for web-based interactive multimedia data (IMDJ) and discuss its connections to business information systems. The book concludes with an outlook on the future of data-driven innovations and the potential applications of data jackets in various industries.

This book is a valuable resource for researchers, practitioners, and policymakers interested in exploring the potential of market mechanisms to drive data-interactive innovations. It provides a comprehensive framework for understanding data, designing data, and fostering value-based exchange in the digital age.

Weight: 547g
Dimension: 235 x 155 (mm)
ISBN-13: 9783031061448
Edition number: 1st ed. 2022