Abstract
Despite the large number of academic contributions, there is no uniform definition of data marketplaces.However, different data marketplaces may vary from eachother in terms of their underlying business model, type ofdata offered, functionality, market mechanisms, etc.
Similar content being viewed by others
References
F. Stahl, F. Schomm, G. Vossen: The data marketplace survey revisited, ERCIS Working Papers 18, University of Münster, European Research Center for Information Systems (ERCIS), 2014. Markus Spiekermann, Fraunhofer Institute for Software and Systems Engineering, Dortmund, Germany.
S. A. Fricker, Y.V. Maksimov: Pricing of Data Products in Data Marketplaces, in: A. Ojala, H. Holmström Olsson, K. Werder (eds.), International Conference of Software Business, 2017, pp. 49–66.
B. Otto, H. Österle: Corporate Data Quality - Prerequisite for Successful Business Models, Berlin 2015.
M. Spiekermann, D. Tebernum, S. Wenzel, B. Otto: A metadata model for data goods, in: P. Drews, B. Funk, P. Niemeyer, L. Xie (eds.), Multikonferenz Wirtschaftsinformatik (MKWI), 2018, pp. 326–337.
A. Muschalle, F. Stahl, A. Löser, G. Vossen: Pricing Approaches for Data Markets, in: M. Castellanos, U. Dayal, E.A. Rundensteiner (eds.): Enabling Real-Time Business Intelligence, 2012, pp. 129–144.
P. Koutroumpis, A. Leiponen, L. Thomas: The (Unfulfilled) Potential of Data Marketplaces, Working Paper No. 53, The Research Institute of the Finnish Economy, 2017.
M. Spiekermann, S. Wenzel, B. Otto: A conceptual model of benchmarking data and its implications for data mapping in the data economy, in: P. Drews, B. Funk, P. Niemeyer, L. Xie (eds.), Multikonferenz Wirtschaftsinformatik (MKWI), 2018, pp. 314–325
D. Moody, P. Walsh: Measuring the Value of Information: An Asset Valuation Approach, in: J. Pries-Heje, C. Ciborra, K. Kautz, J. Valor, E. Christiansen, D. Avison et al. (eds.), Proceedings of the 7th European Conference on Information Systems, 1999, pp. 496–512.
K.J. Arrow: Economic welfare and the allocation of resources for invention, National Bureau of Economic Research, Princeton 1962, Princeton University Press, S. 609–626
F. Stahl, F. Schomm, L. Vomfell, G. Vossen: Marketplaces for Digital Data: Quo Vadis?, in: Computer and Information Science, Vol. 10, No. 4, 2017, pp. 22–37.
P. Miller: Nurturing the market for Data Markets, 2012, available at https://www.cloudave.com/16572/nurturing-the-market-for-datamarkets/.
S. von Engelhardt, L. Wangler, S. Wischmann: Eigenschaften und Erfolgsfaktoren digitaler Plattformen, iit-Institut für Innovation und Technik in der VDI/VDE Innovation+ Technik GmbH, Berlin 2017.
R. Kampmann, J. Walter: Mikroökonomie. Markt, Wirtschaftsordnung, Wettbewerb, First Edition, München 2010.
R. Clement, D. Schreiber: Internetökonomie. Grundlagen und Fallbeispiele der vernetzten Wirtschaft, Third Edition, Heidelberg 2016.
F. Stahl, F. Schomm, G. Vossen, L. Vomfell: A classification framework for data marketplaces, in: Vietnam Journal of Computer Science, Vol. 3, No. 3, 2016, pp. 137–144.
One example is the three-year study by F. Stahl, F. Schomm, G. Vossen: Marketplaces for data: An initial survey, ERCIS Working Papers 14, University of Münster, European Research Center for Information Systems (ERCIS), 2012, which uses the term “data marketplace” as a subtype of a “data provider”; F. Stahl et al.: A classifi cation framework…, op. cit.
S.A. Fricker, Y.V. Maksimov, H. Holmström Olsson, K. Werder (eds.), International Conference of Software Business, 2017, pp. 49–66 op. cit. }
P. Koutroumpis et al. op. cit.
J. Lange, F. Stahl, G. Vossen: Datenmarktplätze in verschiedenen Forschungsdisziplinen: Eine Übersicht, in: Informatik Spektrum, Vol. 41, No. 3, 2018, pp. 170–180.
S.A. Fricker, Y.V. Maksimov, H. Holmström Olsson, K. Werder (eds.), International Conference of Software Business, 2017, pp. 49–66 op. cit. }
It is important to note that as of today there are no ownership rights in data. The current discussion sees an increasing need for contractual arrangements in the data goods trade, see H. Richter, P.R. Slowinski: The Data Sharing Economy: On the Emergence of New Intermediaries, in: IIC-International Review of Intellectual Property and Competition Law, Vol. 50, No. 1, 2019, pp. 4–29.
F. Stahl, F. Schomm, G. Vossen: Marketplaces for data...,.op. cit.
See A. Hanelt, B. Hildebrandt, J. Polier: Uncovering the Role of IS in Business Model Innovation - A Taxonomy-Driven Approach to Structure the Field In: Proceedings of the 23rd European Conference on Information Systems, 2015
R.L. Glass, I. Vessey: Contemporary Application-Domain Taxonomies, in: IEEE Software, Vol. 12, No. 4, 1995, pp. 63–76.
O. Gassmann, K. Frankenberger, M. Csik: Geschäftsmodelle entwickeln. 55 innovative Konzepte mit dem St. Gallener Business Model Navigator, München 2013.
M.M. Al-Debei, R. El-Haddadeh, D. Avison: Defining the Business Model in the New World of Digital Business, Proceedings of the 14th Americas Conference on Information Systems, 2008.
M.M. Al-Debei, D. Avison: Developing a Unified Framework of the Business Model Concept, in: European Journal of Information Systems, Vol. 19, No. 3, 2010, pp. 359–376.
S. von Engelhardt et al., op. cit.
See T. Ritchey: Problem Structuring Using Computer-Aided Morphological Analysis, in: Journal of the Operational Research Society, Vol. 47, No. 7, 2006, pp. 792–801.
H. Richter, P.R. Slowinski, op. cit.
J. Lange et al., op. cit.
P. Koutroumpis et al., op. cit.
F. Stahl, A. Löser, G. Vossen: Preismodelle für Datenmarktplätze, in: Informatik-Spektrum, Vol. 38, No. 2, 2015, pp. 133–141.
J. Lange et al., op. cit.
B. Otto, H. Österle, op. cit.
IDC: FutureScape for Big Data and Analytics, 2015, available at https://www.businesswire.com/news/home/20141211005981/en/IDC-Reveals-Worldwide-Big-Data-Analytics-Predictions (22.7.2019).
P. Koutroumpis et al., op. cit.
P. Miller, op. cit.
P. Miller, op. cit.
F. Stahl et al.: Marketplaces for data..., op. cit.
D. Moody, P. Walsh, C. Ciborra, K. Kautz, J. Valor, E. Christiansen, D. Avison et al. (eds.), Proceedings of the 7th European Conference on Information Systems, 1999, pp. 496–512 op. cit. }
H. Richter, P.R. Slowinski, op. cit.
B. Benders, C. Burkard, J. Küfen, Y. Ostad: Wirtschaftliche Verwertungsmöglichkeiten für Mobilitäts- und Infrastrukturdaten, IKT für Elektromobilität, Berlin 2018.
J. Lange et al., op. cit.
P. Koutroumpis et al.,.op. cit.
F. Stahl et al.: Marketplaces for data..., op. cit.
T.D. Cao, T.V. Pham, Q.H. Vu, H.L. Truong, D.H. Le, S. Dust-dar: MARSA: A marketplace for realtime human sensing data, in: ACM Transactions on Internet Technology (TOIT), Vol. 16, No. 3, 2016, pp. 16–37
P. Gupta, S.S. Kanhere, R. Jurdak: A Decentralized IoT Data Marketplace, Proceedings of the 3rd symposium on Distributed Ledger Technology, 2018.
J. Lange et al., op. cit.
B. Otto et al., B. Funk, P. Niemeyer, L. Xie (eds.), Multikonferenz Wirtschaftsinformatik (MKWI), 2018, pp. 314–325 op. cit. }
H. Richter, P.R. Slowinski, op. cit.
B. Otto et al., B. Funk, P. Niemeyer, L. Xie (eds.), Multikonferenz Wirtschaftsinformatik (MKWI), 2018, pp. 314–325 op. cit. }
B. Benders et al., op. cit.
H. Richter, P.R. Slowinski, op. cit.
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
About this article
Cite this article
Spiekermann, M. Data Marketplaces: Trends and Monetisation of Data Goods. Intereconomics 54, 208–216 (2019). https://doi.org/10.1007/s10272-019-0826-z
Published:
Issue Date:
DOI: https://doi.org/10.1007/s10272-019-0826-z