Preparation is Everything – Organizational Readiness Factors for Acting in Data Ecosystems

Tim Brée, Marvin Jagals and Erik Karger

Die Unternehmung - Swiss Journal of Business Research and Practice, 2023, vol. 77, issue 1, 24-41

Abstract: Data are the foundation of the digital economy, but various challenges regarding managing data assets still exist. One approach to solving these challenges is applying the data-sharing economy principles. Many companies are, however, unsure of the factors that need to be developed to enter a data ecosystem successfully with other, partially competing organizations. Based on qualitative data gathered from an interview study, this research paper applies a framework for organizational readiness factors to data ecosystems. Legal foundation, top management support, and stakeholder involvement in data ecosystems are the main factors highlighted by the study. Furthermore, our empirical results confirmed our preliminary findings from a structured literature review and extend the given research framework.

Date: 2023
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DOI: 10.5771/0042-059X-2023-1-24

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Die Unternehmung - Swiss Journal of Business Research and Practice is currently edited by Prof. Dr. Artur Baldauf, Universität Bern, Prof. Dr. Manfred Bruhn, Universität Basel, Prof. Dr. Pascal Gantenbein, Universität Basel (geschäftsführend), Prof. Dr. Markus Gmür, Universität Fribourg, Prof. Dr. Klaus Möller, Universität St. Gallen, Prof. Dr. Günter Müller-Stewens, Universität St. Gallen, Prof. Dr. Dr. h.c. Margit Osterloh, Universität Zürich, Prof. Dr. Dieter Pfaff, Universität Zürich and Prof. Dr. Martin Wallmeier, Universität Fribourg

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