Incentives and Economics of Data Sharing

The aim of the project "Incentives and Economics of Data Sharing" (IEDS) is to investigate the design of incentive systems for data sharing in an entrepreneurial context through interdisciplinary collaborative research. To this end, the topic of data sharing will be analyzed from technical and economic perspectives. Specifically, insights will be gained and mechanisms developed on how to incentivize organizations to participate in open and collaborative data networks.

The challenge

Innovations are increasingly taking place in collaborative networks. However, several challenges arise in the emergence of data-based networks. In addition to solutions for legal and security challenges related to cross-enterprise data exchange, approaches are also needed to create incentives for the various actors to participate in these networks. Such incentives are necessary to meet the strategic importance of data for Germany and Europe and to enable companies to successfully participate in relevant initiatives such as Gaia-X.

Our contribution 

Fraunhofer ISST is the consortium leader as a scientific partner for applied research. Our interdisciplinary competences in the field of data economy are applied in the disciplines of data management and strategies, data-driven business models, data evaluation and data economy readiness. To this end, methods are applied to collect and analyze data, both from academia and industry, on the enablement and readiness of organizations to share and manage

Results  

The project will produce scientifically-based results to develop incentive systems for cross-organizational data sharing in an application-oriented manner. In addition, research is taking place on data economy requirements related to data management, data strategies, data assessments and data law. This is done jointly with industry to identify prerequisites for datasharing and incentives for participation in data rooms.  

Partners 

• Fraunhofer Institute for Software and Systems Engineering ISST
• Fraunhofer Institute for Industrial Engineering IAO
• TU Dortmund Chair for Industrial Information Management (IIM)
• Institute of the German Economy (IW)
• Leibniz Centre for European Economic Research (ZEW)

Funding

• Sponsor: Federal Ministry of Education and Research - BMBF
• Funding code: IEDS001
• Duration: 05/2021-05/2024

Companies can benefit from cross-company data sharing and strategic data management in a variety of ways. The IEDS (Incentives and Economics of Data Sharing) project, financed by the German Federal Ministry of Education and Research (BMBF), is looking at the benefits that may be realized and how firms should proceed both internally and externally.

Visit www.ieds-projekt.de/en for further details.

We're looking forward to the exchange!