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Lookup NU author(s): Dr Xinwei ShiORCiD
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License (CC BY-NC-ND).
In the era of digital economy, the data has increasingly become one important production factor. Taking Guiyang Global Big Data Exchange (GBDEx) as an empirical case, this paper first proposes a SEED model for constructing the data factor market which mainly consists of four components: S for System rules designing which refers to the design of rules, standards, policies and laws on data transaction process; E for Exchange platform building which should be credible, controllable, reliable and traceable; E for Ecosystem nurturing that refer to diverse data suppliers, customers for data demand, data intermediaries, data regulators, and other data trading alliances should be nurtured; and D for Data convergence and co-governance refers to the convergence and co-governance of various types of data trading subjects. The SEED can also be interpreted as a process of constructing the data factor market, with the data exchange as the core, igniting the vitality of the whole data factor market like a seed. We believe this paper can make contributions to the digital economy literature: first, it contributes to extant literature on data marketplaces and data ecosystem; second, it provides practical suggestions for constructing the data factor market; third, relevant policy makers and higher-level managers will likely achieve much enlightenment from this paper.
Author(s): Ye Y, Zhou A, Shi X, Huang C
Publication type: Article
Publication status: Published
Journal: Journal of Digital Economy
Year: 2022
Volume: 1
Issue: 3
Pages: 273-283
Online publication date: 14/03/2023
Acceptance date: 09/03/2023
Date deposited: 03/07/2023
ISSN (electronic): 2773-0670
Publisher: KeAi Publishing Communications Ltd
URL: https://doi.org/10.1016/j.jdec.2023.03.002
DOI: 10.1016/j.jdec.2023.03.002
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