Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/118643 
Year of Publication: 
2015
Series/Report no.: 
ERCIS Working Paper No. 23
Publisher: 
Westfälische Wilhelms-Universität Münster, European Research Center for Information Systems (ERCIS), Münster
Abstract: 
Trading data as a commodity has become increasingly popular in recent years, and data marketplaces have emerged as a new business model where data from a variety of sources can be collected, processed, enriched, bought, and sold. They are effectively changing the way data is distributed and managed on the Internet. To get a better understanding of the emergence of data marketplaces, we have conducted several surveys in recent years in order to systematically gather and evaluate their characteristics. This paper takes a broader perspective and relates data marketplaces to the neoclassical notions of market and marketplace from economics. We provide a typology of electronic marketplaces, and discuss their approaches to a distribution of data. Lastly, we provide a distinct definition of data marketplaces in order to integrate these new businesses into existing research frameworks, leading to a classification framework that can help structuring this emerging field.
Subjects: 
Data as a Service
Data Marketplace
Data Marketplace Survey
Data Marketplace Development
Classification
Document Type: 
Working Paper

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