 Data Protection, Property Rights and Value CreationIvanina Mancheva ()
Godishnik na UNSS, 2020, issue 2, 171–200 Abstract: The study discusses data protection and property rights in terms of how value is creat¬ed. The paper highlights specific features of the data: Data are public goods. Their value is not defined in advance, but their processing requires significant upfront investment. The data-based economy relies on network externalities that depend on user participa¬tion. Critical questions arise such as who should hold the property rights of data collect¬ed through various devices, processed by AI, combined with other pieces of information, etc. What are the economic justifications for the introduction of property or other rights over data? Disclosures about the misuse of personal data led to new regulations like the GDPR. But the research shows that without clarity about the contribution of various participants in the value chain and their rights, new regulations could prove to be a chal¬lenge. On the other hand, the uncertainty about property rights undermines innovation. Keywords: digitalization; data economy; data; information; public goods; property rights; intellectual property; privacy; value (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:nwe:godish:y:2020:i:2:p:171-200 Access Statistics for this article More articles in Godishnik na UNSS from University of National and World Economy, Sofia, Bulgaria Contact information at EDIRC. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.